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Indian Contract Act, 1872

Section - 6 - Revocation how made

Revocation how made

6. A proposal is revoked-

(1)- by the communication of notice of revocation by the proposer to the other party;
(2)- by the lapse of the time prescribed in such proposal for its acceptance, or, if no time is so prescribed, by the lapse of a reasonable time, without communication of the acceptance;
(3)- by the failure of the acceptor to fulfil a condition precedent to acceptance; or
(4)- by the death or insanity of the proposer, if the fact of the death or insanity comes to the knowledge of the acceptor before acceptance.
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