Section 47 Indian Contract Act 1872
Section 47 of the Indian Contract Act 1872 is about Time and place for performance of promise. It is under “Time and place for performance” of CHAPTER IV of the Act. CHAPTER IV is titled OF THE PERFORMANCE OF CONTRACTS.
Time and place for performance of promise
When a promise is to be performed on a certain day, and the promisor has undertaken to perform it without application by the promisee, the promisor may perform it at any time during the usual hours of business on such day and at the place at which the promise ought to be performed.
A promises to deliver goods at B’s warehouse on the first January. On that day A brings the goods to B’s warehouse, but after the usual hour for closing it, and they are not received. A has not performed his promise.
Section 46 Indian Contract Act 1872 (Time for performance of promise, when no application is to be made and no time is specified)