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Indian Contract Act

Section 125: Rights of Indemnity Holder

Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Section 125: Rights of Indemnity Holder Section 125 of the Indian Contract Act lays down the three important rights of indemnity holder Section 125.   Rights of indemnity-holder when sued. The promise in a contract of indemnity, acting within the scope of his authority, […]

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Indian Contract Act

Section 124: Contract of Indemnity

Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Section 124: Contract of Indemnity The distinctive feature of Contract Law, as compared to other branches of law, is that in the former the parties make law for themselves within the broad framework of the Contract Law. The importance of the contract in […]