Jagadeesh Yadav 16 April 2021

how we can cancel sale of agreement

time of agreement is completed

Quick Summary

This discussion explores how to cancel a sale of agreement when a breach of contract occurs, particularly concerning the time stipulated for performance. It highlights that if one party fails to fulfil their obligations within the agreed timeframe, they cannot compel the other party to proceed. The core principle is that 'time is of the essence', meaning timely performance is crucial for the contract's validity.

3 Replies

Sankaranarayanan (Advocate) 16 April 2021

Who breach the time of agreement ,Based on the clause on the agreement it should be cancelled

Advocate Bhartesh goyal (advocate) 16 April 2021

Since time is essence of contract so both the parties have to perform their part within time if any party does not perform his part of agreement within time then he can not take advantage of his own wrong and can not compel other party to perform his part.