Reeta agrees to buy a flat from Ghanshyam for Rs. 80,000 and pays, 10,000 as a deposit at the time of contract with the promise that ‘ remaining amount will be paid in a month, Neither she paid the remaining amount nor she is interested in completing sale. What will be the treatment of the contract?

Question

Examsnet · Accepted Answer

Correct Answer is :  Ghanshyam can rescind the contract at the same time and retain the deposit moneys.

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