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  Hello friends today we will discuss the term  Contingent Contracts defined in Chapter III of the Indian Contract Act, 1872. In common words, it is a contract which is dependent upon happening or not happening of a particular event. Some important provisions governing the same are explained below as under :- Sec 31 of the Act defines a contingent contract as a contract to do or not to do something, if some event, collateral to such contract, does or does not happen. Eg A contracts with B to pay Rs. 10,000 if B’s house is burnt. It is a contingent contract. Sec 32 talks about the enforcement of such contracts, which depends upon happening or not happening of the uncertain future event. In case, such an event do not happen, it becomes a contingent contract. Eg A makes a contract with B to buy B’s house if A survives C. Now this contract can only be enforced if C dies during A’s lifetime. A contracts with B to pay a certain sum if he marries C. Now if C dies before...

 H ello friends today we will talk about some basic concepts governed by the Electricity Act and their application in day to day life. It is very interesting to note here that the first law pertaining to the regulation of Electricity came in as early as in the year 1910. However, further progress of law in this field has been quite slow and remained at the verge of stagnation. Initially the entire medium was governed by State Agencies, gradually the private sector was entrusted with the task. Salient features of the Act: Part XII Sections 126-130 talks about the Investigation and Enforcement Sec 126 deals with the unauthorized use:- in lay man terms, unauthorized use of electricity is defined as usage of electricity by artificial means using tampered meters, using the electricity for purpose other than it was issued, using it for any other premises for which it has not been sanctioned, connecting with the pole, etc. In dealing with any of the situations as mentioned above, the...