to perform his promise within a reasonable time. On the other hand, reasonable time will depend upon the circumstance of the case, the usage of trade or on the intention of the parties entering into the contract. . Under Section , specified time and place for performance: If the promise is to be performed on a certain day, the promisor may undertake to perform it without application of the promisee.
According to the Section , In such a case the promisor may perform the promise at any time during the usual hours of business on such day and at the place at which the promise ought to be performed. . Under Section , performance on a certain day: If the promise is to be performed on a certain day the promisor may undertake to perform it after the application by the promisee to that effect. .
Under Section , performance of promise when no place is fixed and without application: If the promise is to be performed without application by the promisee and where no place is mentioned to be performed of the contract then it is the duty of the promisor to apply to the promisee to provide a reasonable place for the performance of the promise and to perform it at such place. Example: A has given an order of supply of books in July which should be performed within to days of the month of July. For Example: M takes to deliver , kilos of wheat to N on a fixed day. M must apply to appoint a reasonable place for the purpose of receiving it and must deliver it to him at such place.
Commerce - - . . PM . Under Section , performance is prescribed by the promisee: According to Section , the performance of any promise may be made in any manner or at any time, which the promisee prescribes.
Example: T owes S Rs. , , /- to accept T’s car value of Rs. , , /- in reduction of the debt. The delivery of the car will amount to a part payment