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24.Reference is also made by the learned counsel for the appellant to the judgment of the single Judge of this Court in Sultan Mahomed Rowther Vs. Muhammad Esuf Rowther and others reported in AIR 1930 Mad 476 wherein, the learned Judge had after considering the provision of Sections 197 & 199 of the Contract Act concluded that where an Agent does an act exceeding his authority and the principal on being apprised of the fact fails to communicate to the Agent his determination not to be bound by it within a reasonable time, it must be presumed that there was implied ratification.
36.In Sulthan Mohammad Rowther Vs. Muhammad Esuf Rowther and others reported in AIR 1930 Mad 476, the Hon'ble Justice Sundaram Chetty considered the question of implied ratification by the principal of an act of an Agent in excess of the Authority conferred upon them wherein, the learned Judge observed as follows:-
"Where an Agent does not act exceeding his authority and the principal on being apprised of the fact fails to communicate to the Agent his determination not to be bound by it within a reasonable time, it must be presumed that there was implied ratification."