1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Section 124, Indian Contract Act, 1872 – Contract of Indemnity […]
Tag: contract of indemnity
1. A agrees to to indemnify ‘B’, a newspaper proprietor against claims arising out of the libel printed in the newspaper concerning a person of repute. Is this a valid agreement?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Definition of Contract of Indemnity b) Lawfulness of Object and […]
45. What are the essential characteristics of “Contract of Guarantee”? Distinguish between Indemnity and Guarantee.
Understanding Contract of Guarantee In the world of commerce and finance, transactions often involve an element of trust — but trust alone is rarely enough. […]
14. Define “Contract of Indemnity”. In what aspects Indian Law differs from English Law on Contract of Indemnity? Explain.
Understanding the Concept of Indemnity In every business or legal relationship, risks and losses are unavoidable. To protect one party from such losses, the law […]
17. Contract of Indemnity.
Meaning of Contract of Indemnity A contract of indemnity is defined under Section 124 of the Indian Contract Act, 1872 as a contract in which […]
8. Indemnity
Indemnity – Meaning and Definition The term indemnity means to make good the loss of another person. Under Section 124 of the Indian Contract Act, […]