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    <title>2006 (5) TMI 189 - Supreme Court</title>
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    <description>Limitation for specific performance under Article 54 runs from the date fixed for performance, or where performance time is extended by the parties&#039; conduct, from the date of refusal; on the stated facts, the suit was within time. A company can be bound by a sale agreement executed by its directors where express or implied authority and corporate assent are shown, and the absence of a formal resolution or seal does not by itself defeat enforceability. The challenge based on uncertainty under section 29 was unavailable on the record and the agreement was not treated as vague. The decree for specific performance was therefore sustained.</description>
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