Indian Contract Act, 1872

When contracts become void, which are contingent on happening of specified event within fixed time

35. Contingent contracts to do or not to do anything, if a specified uncertain event happens within a fixed time, become void, if, at the expiration of the time fixed, such event has not happened, or if , before the time fixed, such event becomes impossible.

When contracts may be enforced, which are contingent on specified event not happening within fixed time : Contingent contract to do or not to do anything, if a specified uncertain event does not happen within a fixed time, may be enforced by law when the time fixed has expired and such event has not happened, or before the time fixed has expired, if it become certain that such event will not happen.

Illustrations

(a)	-	A promises to pay B a sum of money if a certain ship returns within a year.
	-	The contract may be enforced if the ship returns within the year; and becomes void if the ship is burnt within the year.
(b)	-	A promises to pay B a sum of money if a certain ship does not return within a ye .... To read the full section download the app from Google Play store Latest Job Openings View all 14 May 2026 Senior Accounts Executive Karan Gupta & Co. New Delhi Graduate (Any) View Details 11 May 2026 AUDIT INTERN M/S K.K.KHANNA AND COMPANY Noida CA Foundation View Details Featured 29 April 2026 Manager- Finance and Compliance Naveen Fintech Pvt Ltd Kolkata CA Inter View Details ARTICLESHIP 05 May 2026 ARTICLED ASSISTANT JS ADVISORS New Delhi CA Inter View Details 29 April 2026 Internal Auditor SNCO Mumbai CA Inter View Details ARTICLESHIP 30 April 2026 Article Assistant J SINGH & ASSOCIATES Ahmedabad CA Inter View Details 22 May 2026 Sr. Financial Analyst - Consolidation Search Synergy Mumbai CA View Details 18 May 2026 MIS Executive Primarc Pecan Retail Limited Mumbai B.Com View Details Share  Facebook  Twitter  Linkedin  Reddit  Email  Whatsapp  Gmail  Pocket  Print  Pinterest  PDF  Translate Whatsapp Groups GST Income Tax CA Final CA Inter CAclubindia Login at CAclubindia CAclubindia India's largest network for finance professionals User Name Password Remember Me Forgot Password ? Alternatively, you can log in using: Login with Google Don't have an account? Register Now click here to register