ICA Section 31: "Contingent contract" defined
Indian Contract Act, 1872 · Chapter 3: Contingent Contracts
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31. "Contingent contract" defined . A "contingent contract" is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen.
Illustration
A contracts to pay B Rs. 10,000 if B's house is burnt. This is a contingent contract.
Official reference: India Code, Legislative Department — checked: 29 September 2026.
This text is for reference, not legal advice. Consult the official source for the authoritative text.
Other sections in this chapter
- 32. Enforcement of contracts contingent on an event happening
- 33. Enforcement of contracts contingent on an event not happening
- 34. When event on which contract is contingent to be deemed impossible, if it is the future conduct of a living person
- 35. When contracts become void which are contingent on happening of specified event within fixed time
- 36. Agreement contingent on impossible events void