Section 34: When event on which contract is contingent to be deemed impossible
Indian Contract Act • Official Statutory Text & Practice Guide
Statutory Regulation
Legal Standard
Competent Court / Tribunal
Act 1872
Indian Contract Act • Official Statutory Text & Practice Guide
Legal Commentary & Landmark Judgments: Section 34
Section 34 of the Indian Contract Act, 1872 establishes a statutory fiction of deemed impossibility for contingent contracts where the contingency is the future conduct of a living person, providing that such event is deemed impossible if that person performs any act rendering the conduct impossible within a definite time or except under further contingencies.
In real estate development, share purchase, or exclusivity agreements where a party covenants to transfer assets upon obtaining personal title or corporate status, invoke Section 34 if that party alienates or pledges the subject matter to a third party. Plead that the defendant's voluntary act constitutes deemed impossibility, enabling immediate suit for anticipatory breach and damages without awaiting the contractual closing date.