Hi, Friends, In this video, I have discussed about, Contract of Indemnity Its introduction, definition, Parties involved in a Contract of Indemnity, Kinds of Indemnity, Essentials of Contract of Indemnity, Rights of Indemnity Holder, Contract of Guarantee and Differences between Indemnity and Guarantee.
I hope you will like it and find it beneficial in your academic studies, If you have any sort of further question, queries, please comment below and don't forget to like and subscribe my Channel for more Informative Videos. Thanks.
Important Keywords
What is Indemnity
Definition of Indemnity
Section 124 of Contract Act
Indemnifier
Promisor
Indemnified
Indemnity Holder
Express Indemnity
Implied Indemnity
Essentials of Contract of Indemnity
Rights of Indemnity Holder
Section 125 of Contract Act 1872
Right to claim damages
Right to recover all costs
Right to recover all sums
Contract of Guarantee
Difference between Indemnity and Guarantee
Tags
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#promisor,
#indemnified,
#indemnityholder,
#expressindemnity,
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#essentialsofcontractofindemnity,
#rightsofindemnityholder,
#section125ofcontractact1872,
#righttoclaimdamages ,
#righttorecoverallcosts,
#righttorecoveallsums,
#contractof guarantee,
#differencebetweenindemnityandguarantee,
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