Contract Act, 1872
32. Enforcement of contracts contingent on an event happening.—
Contingent contracts to do or not to do anything if an uncertain future
Contract Act, 1872
33. Enforcement of contracts contingent on an event not happening.—
Contingent contracts to do or not to do anything if an uncertain ... certain ship does not return. The ship is sunk. The contract can be enforced when the ship sinks
Indian Contract Act, 1872
35. When contracts become void, which are contingent on happening of specified event within fixed time.—
Contingent contracts ... happening within fixed time.— Contingent contracts to do or not to do anything, if a specified uncertain event does not happen within a fixed time
Section 30 in The Indian Contract Act, 1872
30. Agreements by way of wager, void.—
Agreements by way of wager are void; and no suit ... person to abide the result of any game or other uncertain event on which any wager is made. Exception in favour of certain prizes
would use when pricing the intangible asset, such as expectations of future contract renewals, in measuring fair value. It is not necessary for the renewals ... interest in an acquiree (application of paragraphs 18 and 19) Assets with uncertain cash flows (valuation allowances) B41. The acquirer shall not recognise a separate
Section 108 in The Transfer Of Property Act, 1882
108. Rights and liabilities of lessor
related financial assets. (b) entering into derivative contracts, e.g. foreign exchange contracts, interest rate swaps and credit derivatives. When the resulting asset is measured ... full amount of the commitment. This is because it is uncertain whether the amount of any undrawn portion may be drawn upon in the future
Section 99 in The Companies (Indian Accounting Standards) Rules, 2015
99. An entity shall present
Section 140L in The Companies (Indian Accounting Standards) Rules, 2015
140L. As a consequence of