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Section 154

of Contracts Act 1950

ActIn forceProvision 89 of 108

Section 154

An agency is terminated by the principal revoking his authority;

or by the agent renouncing the business of the agency; or by the business of the agency being completed; or by either the principal or agent dying or becoming of unsound mind; or by the principal being adjudicated or declared a bankrupt or an insolvent.