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Supreme Court of India
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Civil Law
Bare Acts
Indian Contract Act, 1872
Section 25-49
Section 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 B's house is burnt. This is a contingent contract.

     
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