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!!

Exclusive Careers360 Premium Content

Get education, career guidance; live webinars; learning resources and more

Subscribe Now

Know More About

Related Questions

University of Southampton Del...
Apply
B.Sc (Hons) Admissions 2025 Now Open | Ranked Among the Top 100 Universities in the World by QS World University Rankings 2025 | Last Date: 28th Ap...
GMAT™ Exam
Apply
Unlock GMAT Success Timeline & Expert Videos | Select test center appointment | Scores valid for 5 Years | Multiple Attempts
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships | Regular Admissions Deadline: 30th Apr'25
TOEFL ® Registrations 2025
Apply
Accepted by 13,000 universities worldwide | Offered in 200+ countries | 40 million people have taken TOEFL Test
Study in USA
Apply
Universities inviting applications | Get expert guidance
Study in UK
Apply
Apply for upcoming intake & plan your journey
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