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When the contract itself provides for extension of time -
it is to be termed to be the essence of the contract
the default, in such a case makes the contract voidable
Both (a) and (b)
Neither (a) nor (b)
When the contract itself provides for extension of time, it is to be termed to be the essence of the contract. (Arosan Enterprises Ltd. Vs. Union of India, AIR 1999 SC)
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