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The Contract Act, 1872

Section 217Agent's right of retainer out of sums received on principal's account

In forceChapter X AGENCY

Chapter X AGENCY

Agent's Duty to Principal

s. 217

217. Agent's right of retainer out of sums received on principal's account An agent may retain, out of any sums received on account of the principal in the business of the agency, all moneys due to himself in respect of advances made or expenses properly incurred by him in conducting such business, and also such remuneration as may be payable to him for acting as agent.

End of s. 217.

Read the contents: The Contract Act, 1872