31: “Contingent contract” defined
The Contract Act · Federal Acts · Chapter III · in_force
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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 B Rs. 10,000 if B’s house is burnt. This is a contingent contract.
Related sections
30C: Payment by guardian, executor etc., in respect of void agreements not to be allowed credit32: Enforcement of contracts contingent on an event happening30B: No suit for recovery of money, commission etc., in respect of void agreements33: Enforcement of contracts contingent on an event not happening30A: Agreements collateral to wagering agreements void34: When event on which contract is contingent to be deemed impossible, if it is the future
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