https://www.taxtmi.com/caselaws?id=464090 A bank draft tendered at the time fixed for registration was treated as effective payment equivalent to cash-in-hand for the contractual obligation to pay the balance sale consideration. The vendor's refusal to accept the draft was held to constitute breach of the agreement, and the decree for specific performance was left undisturbed because no manifest error of law was shown. The contention that payment by bank draft did not satisfy the agreement was rejected. en-us Mon, 19 Aug 1996 00:00:00 +0530 Sat, 04 Oct 2025 13:36:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464090 A bank draft tendered at the time fixed for registration was treated as effective payment equivalent to cash-in-hand for the contractual obligation to pay the balance sale consideration. The vendor's refusal to accept the draft was held to constitute breach of the agreement, and the decree for specific performance was left undisturbed because no manifest error of law was shown. The contention that payment by bank draft did not satisfy the agreement was rejected. Case-Laws Indian Laws Mon, 19 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464090