Section 46 — Time for performance of promise, when no application is to be made and no time is specified.

The Indian Contract Act, 1872

Where, by the contract, a promisor is to perform his promise without application by the promisee, and no time for performance is specified, the engagement must be performed within a reasonable time.

Explanation.—The question "what is a reasonable time" is, in each particular case, a question of fact.