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1The Contract Act, 1872

( ACT NO. IX OF 1872 )

[ 25th April, 1872 ]

Chapter I

OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS

Revocation how made
6. A proposal is revoked –
 
 
 
 
(1) by the communication of notice of revocation by the proposer to the other party;
 
 
 
 
(2) by the laps of the time prescribed in such proposal for its acceptance, or, if no time is so prescribed, by the lapse of a reasonable time, without communication of the acceptance;
 
 
 
 
(3) by the failure of the acceptor to fulfil a condition precedent to acceptance; or
 
 
 
 
(4) by the death or insanity of the proposer, if the fact of his death or insanity comes to the knowledge of the acceptor before acceptance.
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    Throughout this Act, except otherwise provided, the words "Bangladesh", "Taka" and "Penal Code" were substituted, for the words "Pakistan" or "East Pakistan", "Rupees" or "Rs." and "Pakistan Penal Code" respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
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