Lawgist.Download the App Now!
Get our Android app for fast and offline Access.
We heard you! Soon we are bringing you the biggest update yet with Updated & New acts, all Central and State acts, the Constitution of India, and a dedicated Mobile App! 🚀
A contract by which one party promises to save the other
from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is
called a contract of indemnity.
Illustration
A contracts to indemnify B against the consequences of any proceedings which C may take against B in respect of a certain
sum of 200 rupees. This is a contract of indemnity.
Download our fully-offline, High speed android app.- Click here