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  2. lawfoyer.in › rights-and-duties-of-indemnifierRights And Duties of Indemnifier - LawFoyer

    May 13, 2021 · The duties of indemnifier are the rights of indemnity-holder. Section 125 , states the rights of indemnifier when sued by the third party to recover the damages, cost and all the sums as payable by him in any suit of any matter in which indemnifier promised him to indemnify him and he acted same as he was expected to act in case of absence of a ...

  3. blog.ipleaders.in › section-124-of-indian-contract-actSection 124 of Indian Contract Act - iPleaders

    Jun 24, 2022 · Thus, the duties of an indemnifier can be stated as: It is the primary duty of the indemnifier to abide by the rules and clauses of the indemnity contract. The indemnifier must act in good faith with due care and diligence. The indemnifier must act prudently and reasonably.

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  4. lawbhoomi.com › rights-of-indemnifier-in-indiaRights of Indemnifier in India - LawBhoomi

    Apr 8, 2023 · Indemnity is a legal concept that refers to a contractual agreement where one party (the indemnifier) agrees to compensate the other party (the indemnitee/indemnified/indemnity holder) for any losses or damages incurred due to specified events or actions.

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  6. lexpeeps.in › rights-and-duties-of-indemnifier-andRights and Duties of Indemnifier and Discharge - lexpeeps

    Jun 9, 2020 · In the following cases, the duties of the indemnifier arise: Under the contract, there must be a loss to make the indemnifier liable. There must be an event of anticipation. Without any occurrence of a prescribed event, the indemnifier shall not be compensated.

  7. lawnote.in › rights-of-indemnifierRights of Indemnifier in Indian Contract - lawnote

    Jun 11, 2024 · In indemnity contracts, the indemnifier assumes responsibility for compensating the indemnity holder for specified losses. While the Indian Contract Act doesn’t explicitly outline the indemnifier’s rights, judicial interpretations offer clarity on their entitlements post-fulfillment of obligations.

  8. blog.ipleaders.in › contract-indemnity-insuranceContract of indemnity - iPleaders

    Feb 1, 2023 · It further explains the rights and liabilities of the indemnity holder and indemnifier, along with the essentials of the contract of indemnity. Moreover, it examines the objectives, nature, parties, key differences with insurance, and landmark judgments of the contract of indemnity.

  9. www.defactolaw.in › post › indemnity-under-indianIndemnity under Indian Contract Act - De Facto Law

    Jun 23, 2024 · Section 124 of the Indian Contract Act explicitly defines indemnity as a contract by which one party promises to save the other from any loss caused to him by the conduct of the promisor himself or by the conduct of any other person.