Contract of indemnity in hindi
Indemnity Guarantee Section 124 of Indian Contract Act: a Section 126 of Indian Contract Act: a contract by which one party promises contract to perform the promise, or to save others from loss caused to him discharge the liability of a third by the conduct of the promisor person in case of his default. Indemnity in a contract this article deals with meaning and enforcement of indemnity in a contract. it also seeks to compare the remedies on breach of contract of indemnity and remedies under section 74 of Indian contract Act, 1872. also it tries to answer the propostion whethera party can invoke indemnity on demand