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 to B Rs.10,000 if B’s house is burnt. This is a contingent contract.
- Section 295 BNS (Bharatiya Nyaya Sanhita) - 21st September 2025
- Section 296 BNS (Bharatiya Nyaya Sanhita) - 21st September 2025
- Section 297 BNS (Bharatiya Nyaya Sanhita) - 21st September 2025
