धारा 12

Section 12 of the Sale of Goods Act, 1930, provides that unless a different intention appears from the terms of the contract, stipulations as to time of delivery are not of the essence of a contract of sale. However, if the buyer has made time of the essence by giving notice to the seller, then the seller's failure to deliver the goods within the stipulated time will entitle the buyer to terminate the contract. The section also provides that if the goods are not delivered within a reasonable time, the buyer may terminate the contract. The Bombay High Court has held that the question of what constitutes a reasonable time depends on the circumstances of the case and the terms of the contract (Keshavji Chhaganlal v. The Bombay Dyeing and Manufacturing Co. Ltd., AIR 1959 Bom 293).