Section 102 The Indian Contract Act, 1872
Section 102 of the Indian Contract Act, 1872 states:
"Reasonable time" — Question of fact.
What is a reasonable time is a question of fact.
Explanation:
This section deals with the interpretation of the term “reasonable time” as used in contracts. It clarifies that whether the time taken for performing a contract or any part of it is reasonable or not depends on the facts and circumstances of each case.
Key Points:
The Act does not define “reasonable time” precisely because it varies case by case.
The determination of what constitutes reasonable time is left to the courts, based on the nature of the contract, custom of the trade, intentions of the parties, and surrounding circumstances.
This section is important in cases where the contract does not specify an exact time for performance.
Example:
If a supplier agrees to deliver goods “soon,” and does not do so for three months, whether that delay is reasonable would depend on the context—like the nature of goods, urgency implied in the contract, or standard industry timelines.
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