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Doubt

Corporate & Other Laws

When will be revocation of acceptance is complete,can any one explain in simple language so that it would be helpful.

sai t

CA Foundation

★ 2K+

17-Dec-19 13:10

618

Answers (1)

Acceptance can be revoked until the communication of the acceptance is completed against the acceptor. The acceptance is complete against the acceptor when the proposer comes to know of the same. So an acceptance of offer has to be revoked before the acceptance reaches the proposer. The completion of revocation of acceptance once it comes to the knowledge of proposer.