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.
WritingLaw offers important Bare Act PDFs, Law Notes, Law Q&As, Law Articles, Law MCQ Tests, and more.
Latest posts by WritingLaw (see all)
- Section 116 BNS (Bharatiya Nyaya Sanhita) - 1st December 2025
- Section 117 BNS (Bharatiya Nyaya Sanhita) - 1st December 2025
- Section 118 BNS (Bharatiya Nyaya Sanhita) - 1st December 2025
