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        Indian Laws

        Section 31 - 'Contingent contract' defined

        Indian Contract Act, 1872
        Chapter III
        OF CONTINGENT CONTRACTS

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        Contingent contract: obligation to act or refrain dependent on occurrence or non occurrence of an external event. A contingent contract is a contractual obligation to do or not to do something which becomes enforceable only if some event collateral to the contract does or does not happen; performance is suspended until that collateral event occurs or fails to occur.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Contingent contract: obligation to act or refrain dependent on occurrence or non occurrence of an external event.

                              A contingent contract is a contractual obligation to do or not to do something which becomes enforceable only if some event collateral to the contract does or does not happen; performance is suspended until that collateral event occurs or fails to occur.


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