S. 124 Contact of indemnity defined- A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a contract of indemnity. A contract of indemnity is a special kind of a contract which secures the promise from any kind of unprecedented losses. Parties to a contract of indemnity- · The promisor or indemnifier The promisee or the indemnified or indemnity-holder
What is the goal of the ‘Master Direction Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directi...
How many sports persons have been selected for the Major Dhyan Chand Khel Ratna Award 2021?
‘AVSAR’ a scheme launched by the Ministry of Civil Aviation, in which S stands for?
Consider the following statements about Cyber Surakshit Bharat Initiative:
1. It is an initiative of the Ministry of Electronics and Information ...
Recently The US and Which Country signed a join deal to deny Iran Nuclear Arms?
Who has commissioned the first Rooftop Solar Photovoltaic Project at IIT Jodhpur, Rajasthan?
Who led the Shenzhou-16 mission to China's space station?
Which country did Saudi Arabia appoint its first ambassador to since 2012, as part of efforts to normalize diplomatic relations?
A two day Urban 20 City Sherpas meeting was held in _____ city on 9th February, 2023?
PAY EASY,a mobile application has been launched enabling small-scale merchants such as traders, retailers, and professionals, to accept instant cashle...