Hey Everyone!

In this video the concept of "Contract of Agency" is explained with reference to Modes of creation of Agency alongwith illustrations of the Indian Contract Act 1872.

Following provisions of the Indian Contract Act deals with it :
• BY AUTHORITY
》Section-186 Agent's authority may be expressed or implied
》Section-187 Definitions of express and implied authority
》Section-188 Extent of Agent's authority

• BY RATIFICATION
》Section-196 Ratification of person as to acts done for him without his authority - Effect of Ratification ( Rule of relating back )
》Section-197 Ratification may be expressed or implied
》Section-198 knowledge requisite for valid Ratification
》Section-199 Effect of ratifying unauthorized act forming part of a transaction
》Section-200 Ratification of unauthorized act cannot injure third party

• BY ESTOPPEL
》Section-237 Liability of principal inducing belief that Agent's unauthorized acts were authorized

• BY NECESSITY
》Section-189 Agent's Authority in an emergency

My courses
• Law of Torts : [ Ссылка ]

• Contract Act 1872 (General Contract)
[ Ссылка ]

Link of previously covered chapters is below
1) Contract of Indemnity (Section-124)
[ Ссылка ]

2) Contract of Indemnity (Section-125)
[ Ссылка ]

3) Contract of Guarantee (Section-126)
[ Ссылка ]

4) Essentials of a valid contract of guarantee (Section-127,142,143)
[ Ссылка ]

5) Nature of surety's liability (Section-128)
[ Ссылка ]

6) Rights of Sureties (Section-140,141,145)
[ Ссылка ]

7) Rights and Liabilities of Co-Sureties (Section-138, 144, 146, 147)
[ Ссылка ]

8) Kinds of Guarantee
[ Ссылка ]

9) Discharge of Surety from Liability
[ Ссылка ]

10) Contract of Bailment (Section-148)
[ Ссылка ]

11) Essentials of a valid contract of Bailment
[ Ссылка ]

12) Kinds of Bailment
[ Ссылка ]

13) Duties of a Bailor
[ Ссылка ]

14) Duties of a Bailee
[ Ссылка ]

15) Rights of a Bailee
[ Ссылка ]

16) Rights of a Bailor
[ Ссылка ]

17) Pledge,Pawnor and Pawnee defined
[ Ссылка ]

18) Essentials of Pledge
[ Ссылка ]

19) Who can Pledge
[ Ссылка ]

20) Rights of Pawnee/Pledgee
[ Ссылка ]

21) Rights of Pawnor/Pledgor
[ Ссылка ]

22) Principal and Agent defined
[ Ссылка ]

23) Types of Agent
[ Ссылка ]

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Hope you have enjoyed and learned in an easy way

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