Under the Sale of Goods Act, 1930, a stipulation as to time of payment in a contract of sale

Under Section 11 of the Sale of Goods Act, 1930, unless a different intention appears from the terms of the contract, stipulations as to time of payment are not deemed to be of the essence of a contract of sale. Whether any other stipulation as to time is of the essence of the contract or not depends on the terms of the contract. Thus, a stipulation as to time of payment is not always of the essence of a contract of sale, though the parties may make it of the essence by expressing a different intention in the contract.