104 Views

which section of indian contract act defines a contract of indemnity


yashikathakur752 22nd May, 2021
Answers (2)
Bindu jangid 30th Dec, 2021

Sec 124 indian contract act 1872

Regards team career 360

Ayush 23rd May, 2021

Hello candidate,

Before proceeding to the Indian Section contract defining the law you need to understand about the law first- The indemnity agreement is official law which ensures proper compensation is available for such loss or damage of property.

The Indian Civil Code 124 clearly resonates itself stating the law.

Hope you found it informational!!

Know More About

Related Questions

University of Liverpool, Beng...
Apply
Study at a world-renowned UK university in India | Admissions open for UG & PG programs.
University of York, Mumbai
Apply
UG & PG Admissions open for CS/AI/Business/Economics & other programmes.
Study in Ireland
Apply
Want to study in Ireland? Explore Universities & Courses
University of Bristol, Mumbai...
Apply
Bristol's expertise meets Mumbai's innovation. Admissions open for UG & PG programmes
Victoria University, Delhi NCR
Apply
Apply for UG & PG programmes from Victoria University, Delhi NCR Campus
Study in USA
Apply
Universities inviting applications | Get expert guidance
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books