AdvocateKhoj
Login : Advocate | Client
Home Post Your Case My Account Law College Law Library
    

Report No. 11

66. Liability of person signing as agent.-

(1) An agent who signs an instrument is personally liable thereon unless he adds to his signature words indicating that he is acting for and on behalf of a named principal; but the mere addition by a person to his signature of words describing him as an agent, or as filling a representative character, does not exempt him from personal liability.1

1. See section 26(1), BEA, and section 20 NIL (USA).

[Section 28, earlier part, modified]

(2) An agent is not personally liable to a person who induces him to sign upon the belief that the principal alone would be held liable.

[Section 28, latter part]







Client Area | Advocate Area | Blogs | About Us | User Agreement | Privacy Policy | Advertise | Media Coverage | Contact Us | Site Map
Powered by Neosys Inc
Information provided on advocatekhoj.com is solely available at your request for informational purposes only and should not be interpreted as soliciting or advertisement