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 |
Contingent contracts to do or not to do anything if an uncertain future event does not happen, can be enforced when the happening of that event becomes impossible, and not before.
Illustration
A agrees to pay B a sum of money if a certain ship does not return. The ship is sunk. The contract can be enforced when the ship sinks.