Indian Contract Act, 1872 · Chapter X: Agency · Agent’s duty to principal
Section 218: Agent's duty to pay sums received for principal
In plain words
Subject to those deductions, the agent must pay the principal all sums received on the principal's account.
A simplified explanation, prepared with AI assistance from the official text below and checked automatically against it for numbers and cross-references. The official text is the law and prevails over this summary. Not legal advice.
Official text
Subject to such deductions, the agent is bound to pay to his principal all sums received on his account.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 218
No Supreme Court judgment in our database cites this section yet.