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As per the Indian contract act, 1872 if the time of performance of the contract is the essence of the…

Under Section 55 of the Indian Contract Act, where time is of the essence and the promisor fails to perform within the specified time, "The contract becomes voidable at the…

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As per the Indian contract act, 1872 if the time of performance of the contract is the essence of the contract and the promisor fails to perform the contract by the specified time then

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Under Section 55 of the Indian Contract Act, where time is of the essence and the promisor fails to perform within the specified time, "The contract becomes voidable at the option of the promisee".

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