https://www.taxtmi.com/caselaws?id=97178 Authority to sell for the best price may encompass an agreement under which part of the purchase price is deferred but adequately secured, particularly where the authority is ambiguous and the transaction is undertaken in good faith. A purchaser's communication identifying a title defect while seeking a valid title and reserving legal remedies does not amount to abandonment or repudiation of specific performance. Restoration of a company to the register may cure a defect arising solely from its temporary striking off and support implementation of the contractual arrangement. For limitation, time spent pursuing restoration proceedings concerning the same arrangement may be excluded where performance had no fixed date and no earlier refusal was established. en-us Thu, 05 Jun 1952 00:00:00 +0530 Sat, 14 Jan 2012 12:45:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97178 Authority to sell for the best price may encompass an agreement under which part of the purchase price is deferred but adequately secured, particularly where the authority is ambiguous and the transaction is undertaken in good faith. A purchaser's communication identifying a title defect while seeking a valid title and reserving legal remedies does not amount to abandonment or repudiation of specific performance. Restoration of a company to the register may cure a defect arising solely from its temporary striking off and support implementation of the contractual arrangement. For limitation, time spent pursuing restoration proceedings concerning the same arrangement may be excluded where performance had no fixed date and no earlier refusal was established. Case-Laws Companies Law Thu, 05 Jun 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97178