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Sale of Goods Act, 1930

Section - 11 - Stipulations as to time

Conditions and Warranties

Stipulations as to time.

11. Unless a different intention appears from the terms of the contract, stipulations as to time of payment are not deemed to be of the essence of a contract of sale. Whether any other stipulation as to time is of the essence of the contract or not depends on the terms of the contract.

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