Day: November 4, 2019

Importance of Indemnity clause in commercial contracts.

November 4, 2019

Author: Shrankhala Parwar, School of Law, DAVV, Indore. IMPORTANCE OF INDEMNITY CLAUSES IN COMMERCIAL CONTRACTS  Introduction: According to the dictionary meaning, indemnity is protection against possible damage or loss, especially a promise of payment, or the money paid if there is such damage or loss. It is a security against, or compensation for loss, etc. […]

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