Section 599: Renunciation of agency by agent not allowed

1) Notwithstanding anything contained elsewhere in this Chapter, except as otherwise provided for in the contract, an agent appointed for a specific period or act shall not renounce the agency before the expiry of, or completion of, such period or act, except for a reasonable and sufficient reason.

2) Any agent appointed without specifying any period or act under sub-section (1) shall not renounce the agency without giving a prior notice along with the reason for such renunciation to the principal.

3) If any agent renounces the agency in contravention of sub-section (1) or (2), the principal may claim reasonable compensation.