| Category of Bare Act | Name of the Act | Year of Promulgation |
|---|---|---|
| Civil Laws | Indian Contract Act, 1872 | 1872 |
| Act Number | Enactment Date | Chapter Number |
| 9 | 1872-04-25 | 3 |
| Chapter Title | Ministry | Department |
| Of contingent contracts | Ministry of Law and Justice, Legislative Department | Department of Law and Legislative Affairs |
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.
