LawgistThe Indian Contract Act
33Enforcement of contracts contingent on an event not happening
Contingent contracts to do or not to do anything if an uncertain future event does not happen can be enforced when the happening of that event becomes impossible, and not before.
Illustration
A agrees to pay B a sum of money if a certain ship does not return. The ship is sunk. The contract can be enforced when the ship sinks.
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OF CONTINGENT CONTRACTS
- 31 "Contingent contract" defined
- 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 . When contracts may be enforced, which are contingent on specified event not happening within fixed time
- 36 Agreement contingent on impossible events void
