Bare ActsThe Indian Contract Act, 1872

Section 32

Enforcement of contracts contingent on an event happening.

Amendment status not verified — confirm the current text below against the official source.

Contingent contracts to do or not to do anything if an uncertain future event happens cannot be enforced by law unless and until that event has happened. If the event becomes impossible, such contracts become void. Illustrations (a) A makes a contract with B to buy Bs horse if A survives C. This contract cannot be enforced by law unless and until C dies in A's lifetime. (b) A makes a contract with B to sell a horse to B at a specified price, if C, to whom the horse has been offered, refuses to buy him. The contract cannot be enforced by law unless and until C refuses to buy the horse. (c) A contracts to pay B a sum of money when B marries C. C dies without being married to B. The contract becomes void.

Amended up to 2018-12-17View on India Code →
Section 32 – The Indian Contract Act, 1872 | DailyLaw.ai