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Section 33, Contract Act 1872: Enforcement Of Contracts Contingent On An Event Not Happening

Section 33 under the Chapter III (Of contingent contracts) of the Contract Act, 1872 of India - 'Enforcement of contracts contingent on an event not happening', is reproduced hereunder:—

“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.”

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