NAZIMA BEGUM versus HASINA BEGUM
Section 155 of the Contract Act, 185, stipulates that the essence of the contract is determined by the execution of the sale or payment of the remaining sale price before a certain date, such as whether the intention of the contract is the intention of the parties. The essence of the contract was to know the terms of the contract itself and to refer to the material on record in the evidence only because a certain date was mentioned in the contract of sale in which the contract will be in which it was signed. That would be the deal. In the case of a real estate sale agreement, the time of the essence of the contract was determined until such intention was known by the contract that the seller was compelled to sell. Property so that the element of the time was very material as far as it was concerned of which the seller had taken notice of it, if it contained a sale agreement, the fact is that the schedule given by the shopkeeper bank Was selling the property in question to collect money from the bank to repay the loan and if it was not paid accordingly . , The shopkeeper would be recognized as a beneficiary or other such compelling circumstance, could have been a legitimate basis for claiming that the purpose of the contract was the essence of the contract in which the seller had received notice. The item was not disclosed. The time being set out in the contract cannot be construed as the essence of the contract that the execution of the contract by either party can be a part of the matter within a reasonable time.
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