From the very beginning of a company’s existence, promoters are an essential component in the establishment...
Entertainment
The only time the surety is released from his responsibility is when the limit of his liability...
To learn about the distinctions between the guarantee and indemnity contracts, continue reading. Difference Contract of Indemnity ...
Essential elements on indemnity & Guarantee Learn about the fundamental components of an indemnity contract by...
Introduction The contracts of indemnity and guarantee are considered unique types of contracts under the Indian Contract...
On the 29th of August in 2013, the President of India gave his approval to the...
Just Rs 20 of the government’s $100 overall budget is allocated to paying back the loan plus...
Compensation for loss or damage caused by breach of contract When a contract is violated, the injured...
The term ‘performance’ in its literal definition refers to the execution of a task or action. Legally,...
Section 124 According to Section 124 of the Indian Contract Act, indemnity refers to a contractual promise...
The contracts of indemnity and guarantee are considered unique types of contracts under the Indian Contract...
