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What is Indemnifier about?

The document discusses rules around when liability begins for a contract of indemnity in India according to different high courts. It also discusses the key differences between a contract of indemnity and a contract of guarantee. 1) For a contract of indemnity, the indemnifier is not liable until the indemnified has suffered an actual loss. However, the indemnified can compel the indemnifier to pay before suffering an actual loss if their liability has become absolute. 2) The main differences between an

Author

lavanya bhakuni

Language

EN