Ek Baat Hai Dil Me Mere Jubaan Pe Jo Aati Nahi - Payal Dev | Lyrics | Mp3 Download

Title Name  - Ek Baat Hai Cast/Starring - Vishal pandey, Kate Sharma Singer Name - Payal Dev Lyric - Kunaal Vermaa Print Lyri...

What is contract of Indemnity

Contract of indemnitye

contract of indemnity means making safe somebody or paying, somebody back indemnity is an act to compensate somebody against a loss suffering from him is indemnity means to compensate or make good the loss it is promise made by s person .

Essential or characteristics of indemnity of contract

  • essential element of valid contract .
  • express or implied contract of indemnity .
  • it gives coverage .
  • two parties is necessary .
  • proposal and acceptance.
  • proposal of indemnity .
  • origin of liability .
  • good faith .
  • real indemnity.

Essential of contract

  • loss due to conduct of promise.
  • special  type of contract act.

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