Section 33 of the Indian Contract Act, 1872.

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Enforcement of contracts contingent on an event not happening.—

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.

 

Also Check: The Indian Contract Act Free One Liner Notes

 

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.

 

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