What is the ratio in Holwell Securities v Hughes?

The postal rule does not apply when the contract terms require actual notice or receipt, or when its application would produce manifest inconvenience.

What did the court decide in Holwell Securities v Hughes?

The court held that no valid contract existed because the requirement for 'notice in writing' meant actual receipt was necessary, not just posting.

Why is Holwell Securities v Hughes important for contract law?

It established crucial limitations on the postal rule, showing parties can exclude it by requiring actual notice and that business sense may override the rule.

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