We’re thrilled to dive into the realm of standard form contracts, a cornerstone in India’s business world. As we explore contract law, we’ll uncover the significance of these contracts across sectors like construction, employment, and consumer goods. Recognized by the Indian Contract Act, standard form contracts are indispensable in our business environment. As we dissect […]
Standard Form of Contract: A Friendly Guide Read More »
We will explore the concepts of contract of indemnity and guarantee, which are essential in providing legal protection to parties involved in a contract. A contract of indemnity and a contract of guarantee are two special contracts that provide compensation to the creditor for the failure of a third party to perform their obligation, as
Contract of Indemnity and Guarantee in India Read More »
In this growing commercial sector, the volume of transactions and the risk associated with it are very high. The risk generally emerges from the misrepresentation, non-performance of duty or the fraudulent conduct of the other parties. So, we must protect ourselves from the loss arising from the risk and this protective provision is known as
Contract of Indemnity- Types of Indemnity Read More »
