(1) Except as otherwise provided in the contract, he shall be personally liable for the transactions done by the representative on behalf of the principal in any of the following cases:-
(a) to be personally liable in connection with any transaction with a third party,
(b) if such principal is not disclosed as acting for or on behalf of an anonymous principal,
(c) if for any reason the case cannot be prosecuted against the principal,
(d) If the contract is entered into in his own name,
(e) If the representative acts outside the agreement or authority appointed,
(f) In case of fraud or fraud in the course of dealing,
(g) If the nature of the business requires the representative to be personally liable,
(h) If the interest of the representative is involved in the transaction.
(2) Except as otherwise provided in the contract between the representative and the third person, the fact that the representative is personally liable as per sub-section (1) shall not be deemed to prevent the third person from making any claim against the principal and shall also be legally liable against the principal for the amount not recovered from the representative. Action can be taken.
(3) According to sub-section (2), the limitation period shall be deemed to have started from the date of the last filing by the representative for taking legal action against the principal.