New Delhi | 13 Jun, 2021 (1 year, 9 months ago)

Property Law

If part payment is not paid then would deal be cancelled?

If part payment is not paid on the specified time then would deal be cancelled?
14 Jun, 2021 | 07:35


In what context is this? Something related to an apartment or an immovable property?

It all depends on the recitals of whichever agreement you have based on the context of the question.

Asker 14 Jun, 2021 | 07:39

Can first party cancel the deal?

Asker 14 Jun, 2021 | 07:38

If in a sale agreement of property, its mentioned that both the parties have mutually agreed that second party will make part payment before the last date in specified month. And in case the second party fails or delays to make part payment, then what can be its consequences


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