TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Understanding Section 51: Reciprocal Promises Require Both Parties to Be Ready and Willing to Perform Their Obligations.</h1> Section 51 of the Indian Contract Act, 1872, addresses the performance of reciprocal promises. It stipulates that in contracts involving simultaneous reciprocal promises, a promisor is not obligated to fulfill their promise unless the promisee is ready and willing to fulfill their corresponding promise. For instance, if one party is to deliver goods and the other is to pay upon delivery, neither party is required to perform unless the other is prepared to do so. This principle ensures that each party's obligation is contingent upon the readiness and willingness of the other to perform their part of the agreement.
TaxTMI 
TaxTMI 
