Section 119 The Indian Contract Act, 1872
Section 119 – The Indian Contract Act, 1872
📘 Title: "Contracts contingent on the happening of an event within fixed time"
🔹 Bare Act Language:
"If the contract is contingent upon the happening of a specified event within a fixed time, and such event does not happen or becomes impossible before the time fixed, the contract becomes void."
🔍 Explanation:
This section deals with contingent contracts — agreements that depend on the happening of some uncertain future event. Under Section 119, when the happening of an event is expected within a fixed time, then:
If the event doesn’t happen within that time, or
If it becomes impossible for the event to happen before the time expires,
👉 The contract becomes void.
✅ Illustration:
A contracts to pay B a sum of money if a certain ship returns to port within a year.
If the ship sinks during the year, making its return impossible — the contract becomes void.
If the year passes and the ship doesn’t return — again, the contract becomes void.
📌 Key Points:
It covers contingent contracts.
The event must happen within a fixed time.
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