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    • Occurrence of the trigger event

      • The indemnifier’s liability in a contract of indemnity begins upon the occurrence of the trigger event. This event can be initiated by the indemnifier themselves or by a third party.
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  2. Feb 1, 2023 · Commencement of liability of indemnifier. The Indian Contract Act, 1872, does not specify when the indemnifier’s liability under the contract of indemnity begins. However, multiple high courts in India have ruled in this regard: He must follow the orders of the promissor;

  3. Some have held that the liability of the indemnifier commences only after the indemnified had discharge his liability. However, others have held that the indemnity-holder is entitled to be indemnified even before he has actually discharged his liability.

  4. Jan 26, 2021 · Commencement of liability of the indemnifier. After providing the promise of indemnifying losses, when does the indemnifier become liable to pay? And under what circumstances can the indemnity holder be entitled to recover the promised indemnity.

  5. Apr 7, 2021 · Commencement Of Liability. An important question arises when does the indemnifier become liable to pay or when is the indemnity-holder is entitled to recover his indemnity. In English law, indemnity was payable only after the indemnity-holder had suffered actual loss by paying off the claim.

  6. Jun 23, 2024 · The commencement of liability in indemnity agreements is a crucial aspect that determines when the indemnifier becomes obligated to pay and when the indemnity-holder is entitled to recover their indemnity.

  7. When does the Liability of Indemnifier Commence The Indian Contract Act, 1872 is silent on the time of commencement of liability of indemnifier. On the basis of judicial pronouncement of courts, it can be said that the liability of an indemnifier commences as soon as the liability of

  8. May 22, 2017 · Therefore, the liability of the indemnifier starts the moment the loss or damages in the form of liability to the indemnified becomes absolute and without limit. Losses or damages on the breach of contract of indemnity holder or rights of the indemnity-holder under Sec.125 of Indian Contract Act’1872 are as follows,