Central Act

31

Section 31. "Contingent contract" defined.

The Indian Contract Act, 1872

In forceAll India (Central Act)

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 B Rs. 10,000 if Bs house is burnt. This is a contingent contract.