- This topic has 3 replies, 3 voices, and was last updated 1 month, 3 weeks ago by .
Section 230 of the Indian Contract Act, 1872 establishes the general rule that agents cannot be held personally liable for the contracts entered into by him on behalf of the principal in absence of a contract to the contrary. The statutory provision also provides that a contract to that effect will be presumed under three circumstances, one of them being when the principal though disclosed cannot be sued.
Ques: What does Section 230(3) of the Indian Contract Act, 1872 mean about disclosed principal who cannot be sued?
- You must be logged in to reply to this topic.