.... They are subsumed under the sub-title 'performance of reciprocal promises" in the said Act. Section 1 deals with a contract concerning reciprocal promises to be simultaneously performed and ink such a contract the promise is absolved from performing his promise unless the promisor is ready or willing to perform his part of the promise. Section 52 says that where the order in which reciprocal promises are to be performed has not been...contract consists of reciprocal promises, such that one of them cannot be performed, or that its performance cannot be claimed till the other has been performed, and the promisor of the promise last..., such a contract consists of reciprocal promise. The drawer of the cheque promises the insurer that the cheque, on presentation, would yield the amount in cash. It cannot be forgotten that a cheque is a...