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

    Sep 16, 2022 · Who is an indemnity holder. The beneficiary party in a contract of indemnity is the indemnity holder. An indemnity holder is a party who is assured by the indemnifier of the costs and damages that can take place in the future regarding a particular thing.

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  3. 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.

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  5. www.toppr.com › contract-of-indemnityContract of Indemnity: Rights of Indemnity Holder, Contract ...

    On the other hand, the person whose losses the indemnifier promises to make good is the Indemnified. We can also refer to the Indemnified party as the Indemnity Holder. For example, in the earlier example, C is the Indemnifier and B is the Indemnity Holder. Nature of Indemnity Contracts. An indemnity contract may be either express or implied.

  6. lawbhoomi.com › rights-of-indemnity-holderRights of Indemnity Holder - LawBhoomi

    Jul 3, 2023 · Who is an Indemnity Holder? In a contract of indemnity, the beneficiary party is known as the indemnity holder. The indemnity holder is the party who receives assurance from the indemnifier regarding potential costs and damages that may occur in the future pertaining to a specific matter.

  7. 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.

  8. www.drishtijudiciary.com › to-the-point › ttp-indianContracts of Indemnity and Guarantee - Drishti Judiciary

    Oct 25, 2023 · There are two parties in a contract of indemnity, namely the indemnifier and the indemnity holder. There are three parties in a contract of guarantee, namely the principal debtor, the creditor, and the surety. It consists of only one contract between the indemnifier and the indemnity holder.

  9. lawnote.in › rights-of-the-indemnityRights of the Indemnity Holder - lawnote.in

    Jul 29, 2024 · The indemnity holder in a contract of indemnity enjoys several rights designed to offer protection against potential losses. These rights ensure that the indemnity holder receives adequate compensation and protection.