Section 31 of Indian Contract Act, 1872: “Contingent contract” defined

The Indian Contract Act, 1872

Chapter-III Of Contingent Contracts

Section 31: “Contingent contract” defined.

31. 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.


A contracts to pay B Rs. 10,000 if B’s house is burnt. This is a contingent contract.


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