THE RAJANAGARAM VILLAGE CO-OPERATIVE SOCIETY V. VEERASAMI MUDALY, [AIR 1951 MAD. 322]

THE RAJANAGARAM VILLAGE CO-OPERATIVE SOCIETY V. VEERASAMI MUDALY, [AIR 1951 MAD. 322]

Held: Conditional acceptance in the presence of a bidder, the condition being that it is subject to approval or confirmation by some other person, the acceptance, though conditional, has to be communicated and when that is communicated, there is no further need to communicate the approval of confirmation which is the fulfilment of the condition. It was further held that a conditional acceptance has the effect of binding the highest bidder to the contract if there is subsequent approval or confirmation by the person indicated, that he cannot resale from the contract or withdraw the offer, and if there is approval or confirmation, the contract becomes concluded and enforceable.