Question

A contingent contract based on the specified uncertain events not happening within a fixed time under Section 35:

• A. remains valid even if the event does not happen within that fixed time
• B. becomes void at the expiration of the time fixed
• C. becomes void if the happening of that event becomes impossible before the expiry of time fixed
• D. both b and c

Hint:

Contingent contracts on uncertain events are valid only until the event occurs or becomes impossible.

Answer 1

The Correct Option is D

Step 1: Section 35 of Indian Contract Act.
It provides that contingent contracts dependent on the non-happening of an event within a fixed time become void if the event happens within that time or becomes impossible before expiry.
Step 2: Application.
- If the time expires without the event happening → contract becomes void.
- If it becomes impossible for the event not to happen before expiry → contract also becomes void.
Step 3: Conclusion.
Thus, both (b) and (c) are correct, making (d) the right answer.