Act Number: 9

Act Name: The Indian Contract Act, 1872

Year: 1872

Enactment Date: 1872-04-25

Long Title:

Ministry: Ministry of Law and Justice

Department: Legislative Department

Section 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 Bs house is burnt. This is a contingent contract.
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