What is Principal's right to benefit gained by agent dealing on his own account in business of agency? What is Agent's right of retainer out of sums received on principal's account? Section 216 and 217 of Indian Contract Act 1872
218. Subject to such deductions, the agent is bound to pay to his principal all sums received on his account.
219. In the absence of any special contract, payment for the performance of any act is not due to the agent until the completion of such act; but an agent may detain moneys received by him on account of goods sold, although the whole of the goods consigned to him for sale may not have been sold, or although the sale may not be actually complete.
Section 206 - Notice of revocation or renunciation
Section 207 - Revocation and renunciation may be expressed or implied
Section 209 - Agent's duty on termination of agency by principal's death or insanity
Section 210 - Termination of sub-agent's authority
Agent's duty to Principal
Section 211 - Agent's duty in conducting principal's business
Section 212 - Skill and diligence required from agent
Section 213 - Agent's accounts
Section 214 - Agent's duty to communicate with principal
Section 217 - Agent's right of retainer out of sums received on principal's account
Section 218 - Agent's duty to pay sums received for principal
Section 219 - When agent's remuneration becomes due
Section 220 - Agent not entitled to remuneration for business misconducted
Section 221 - Agent's lien on principal's property
Principal's duty to agent
Section 222 - Agent to be indemnified against consequences of lawful acts
Section 223 - Agent to be indemnified against consequences of acts done in good faith
Section 224 - Non-liability of employer of agent to do a criminal act
Section 225 - Compensation to agent for injury caused by principal's neglect