below sub-section (1), the cost of such new asset shall not be taken into account for the purposes of that sub-section unless ... duly attested by an officer not below the rank of sub-agent, agent or manager of such bank or an officer of corresponding rank
Section 190 in The Indian Contract Act, 1872
190. When agent cannot delegate.—
An agent cannot lawfully employ another to perform acts which ... perform personally, unless by the ordinary custom of trade a sub-agent may, or, from the nature of the agency, a sub-agent must
agency, has named another person accordingly, such person is not a sub-agent, but an agent of the principal for such part of the business ... auctioneer, to conduct the sale. C is not a sub-agent, but is A's agent for the conduct of the sale. (b) A authorizes
Indian Contract Act, 1872
192. Representation of principal by sub-agent properly appointed—
Where a sub-agent is properly appointed, the principal ... acts, as if he were an agent originally appointed by the principal. Agent's responsibility for sub-agent.—The agent is responsible to the principal
sub-agent appointed without authority.—
Where an agent, without having authority to do so, has appointed a person to act as a sub-agent
appointed Selling agents at a commission of 0-12-0% of all sales of sugar effected through the agents. Their Selling agent prior ... they were expected to do and they in turn had appointed sub-agents on commission basis for effecting sales at various places. The Income
Indian Contract Act, 1872
189. Agent's authority in an emergency.—
An agent has authority, in an emergency, to do all such acts ... they will not bear the journey to Cuttack without spoiling. Sub-agents
Section 191 in The Indian Contract Act, 1872
191. 'Sub-agent' defined.—
A 'sub-agent' is a person employed by, and acting under the control
Section 210 in The Indian Contract Act, 1872
210. Termination of sub-agent's authority.—
The termination of the authority ... agent causes the termination (subject to the rules herein contained regarding the termination of an agent's authority) of the authority of all sub¬agents
Clause 7 after deducting the amounts admissible to it and its sub-agents in accordance with the break-up of distribution margin given ... agents" have been used. The interpretation of the said clauses does go to suggest that the assessee was the agent, who could have sub
