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

    Apr 8, 2023 · These rights include the right to seek reimbursement for losses or damages incurred, the right to defend legal proceedings, the right to demand contribution from co-indemnifiers, and the right to terminate the indemnity agreement under certain circumstances.

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  5. 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.

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

    Jun 9, 2020 · RIGHTS AND DUTIES OF INDEMNIFIER. The promisee acting within the scope of its authority shall have the right to recover from the promisee- All damages which may be compelled to pay in any such suit in respect of any matter to which the promise to indemnify applies.

  8. blog.ipleaders.in › rights-of-an-indemnity-holderRights of an indemnity holder - iPleaders

    Sep 16, 2022 · In a contract of indemnity, the indemnity holder is the beneficiary party and hence, the majority of the rights are in his favour. An indemnity holder holds the right to recover damages, costs incurred by him concerning the suit relating to the matter, and also the amount paid under the compromise of the suit.

  9. 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.