banner_ad

Indian contract act

Civil law 1353 views 2 replies

kINDLY EXPLAIN ME THE MEANIING OF SUBSTITUTED AGENTS AND ALSO OF SUB AGENTS.

Replies (2)

A sub-agent is appointed by the agent and as such he is under the control of the agent. A substituted agent is only named by the agent but is under the control of the principal.

The agent is responsible to the principal for the acts of the sub-agent. The sub-agent is responsible for his acts to the agent, but not to the principal except in case of fraud or willful wrong. Where a sub-agent is properly appointed, the principal is as far as regards third parties represented by the sub-agent & bound by responsible for acts as if they were an agent originally appointed by the principal.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details