Section 34 in The Indian Contract Act, 1872
34. When event on which contract is contingent to be deemed impossible, if it is the future ... living person.—
If the future event on which a contract is contingent is the way in which a person will act at an unspecified time
Indian Contract Act, 1872
32. Enforcement of contracts contingent on an event happening.—
Contingent contracts to do or not to do anything if an uncertain
Section 31 in The Indian Contract Act, 1872
31. "Contingent contract ... defined.—
A "contingent contract" is a contract to do or not to do something, if some event, collateral to such contract, does or does
Section 33 in The Indian Contract Act, 1872
33. Enforcement of contracts contingent on an event not happening.—
Contingent contracts
Section 35 in The Indian Contract Act, 1872
35. When contracts become void, which are contingent on happening of specified event within fixed time.—
Contingent ... When contracts may be enforced, which are contingent on specified event not happening within fixed time.— Contingent contracts to do or not to do anything
emanating in a contract due to change in financial condition of any of the contracting parties; (k) "Day ahead contract" means contracts where transaction occurs ... under these regulations; (cca) [ "Real-time Contract" means the contract other than day ahead contract and intraday or contingency contract, where collective transactions occur
asset (e.g. day ahead electricity contract or other spot market contract or other reference index). The contract price is fixed at the time ... 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
Central Government Account (Receipts and Payments) Rules, 1983
98. Types of contingent charges.
- Contingent charges incurred on the public service are divided into the following ... department or office being determined by orders of competent authority - (i) Contract contingencies. - those for which a lump sum is placed annually at the disposal
officers.
- Every Government officer shall exercise the same vigilance in respect of contingent expenses as a person of ordinary prudence may be expected to exercise ... likely to be exceeded, and that in the case of contract contingencies. the proposed expenditure does not cause any excess over the contract grant
Central Government Account (Receipts and Payments) Rules, 1983
113. Contract contingencies.
- In respect of contract contingencies, the bill shall be presented in a form similar
