Print View

[Section Index]

1The Contract Act, 1872

( ACT NO. IX OF 1872 )

[ 25th April, 1872 ]

Chapter III

OF CONTINGENT CONTRACTS

"Contingent contract" defined
31. 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 Taka 10,000 if B's house is burnt. This is a contingent contract.
  • 1
    Throughout this Act, except otherwise provided, the words "Bangladesh", "Taka" and "Penal Code" were substituted, for the words "Pakistan" or "East Pakistan", "Rupees" or "Rs." and "Pakistan Penal Code" respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs