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The Indian Contract Act, 1872

house is burnt. This is a contingent contract. 32. Enforcement of contracts contingent on an event happening.— Contingent contracts ... dies without being married to B. The contract becomes void. 33. Enforcement of contracts contingent on an event not happening.— Contingent contracts
Union of India - Act Cites 0 - Cited by 11724

Central Electricity Regulatory Commission (Power Market) Regulations, 2010

under these regulations; (cca) [ "Real-time Contract" means the contract other than day ahead contract and intraday or contingency contract, where collective transactions occur ... contract. These contracts can be Derivative Contracts, swap and other structured contracts etc. (iii) Delivery based contracts transacted on Exchange (a) Intraday contract /Contingency contract
Union of India - Act Cites 0 - Cited by 0

The Companies (Accounting Standards) Rules, 2006

held to satisfy firm sales or service contracts is based on the contract price. If the sales contracts are for less than the inventory quantities ... excess inventory is based on general selling prices. Contingent losses on firm sales contracts in excess of inventory quantities held and contingent losses on firm
Union of India - Act Cites 0 - Cited by 8

The Indian Partnership Act, 1932

Partnership not created by status.— The relation of partnership arises from contract and not from status; and, in particular, the members of a Hindu undivided ... adventures and undertakings. 42. Dissolution on the happening of certain contingencies.— Subject to contract between the partners a firm is dissolved, (a) if constituted
Union of India - Act Cites 0 - Cited by 6392

The Sale Of Goods Act, 1930

goods is to be transferred. 5. Contract of sale how made.— (1) A contract of sale is made by an offer to buy or sell ... seller depends upon a contingency which may or may not happen. (3) Where by a contract of sale the seller purports to effect a present
Union of India - Act Cites 0 - Cited by 2867

The Insurance Act, 1938

life insurance business" means the business of effecting contracts of insurance upon human life, including any contract whereby the payment of money is assured ... accident only) or the happening of any contingency dependent on human life, and any contract which is subject to payment of premiums for a term
Union of India - Act Cites 0 - Cited by 2577

The Insurance Rules, 1939

such a prospectus or table includes,-- (a) a description of the contingency or contingencies to be covered by insurance and the class or classes ... document, if any, forming the basis of the contract in the case of any other form of insurance, that rebate of premiums shall be allowed
Union of India - Act Cites 0 - Cited by 15

The Insurance Regulatory And Development Authority (Preparation Of Financial Statements And Auditor's Report Of Insurance Companies) Regulations, 2002

shall be disclosed by way of notes to the Balance Sheet:- 1. Contingent Liabilities : (a) Partly-paid up investments Underwriting commitments outstanding Claims, other than ... liability" shall include all liabilities in respect of expenditure contracted for and all disputed or contingent liabilities. (II) Where- (a) any amount written
Union of India - Act Cites 0 - Cited by 0
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