Law of Indemnity

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Legal Principle
gptkbp:appliesTo gptkb:Civil_Law
Contract Law
gptkbp:commonIn Insurance Contracts
gptkbp:definedIn Section 124 of Indian Contract Act, 1872
gptkbp:distinctFrom Law of Guarantee
gptkbp:enforcedBy gptkb:law
https://www.w3.org/2000/01/rdf-schema#label Law of Indemnity
gptkbp:involves Indemnified
Indemnifier
gptkbp:nature Contractual
gptkbp:originatedIn gptkb:English_Common_Law
gptkbp:provides Compensation for loss
gptkbp:purpose To protect against loss or damage
gptkbp:relatedTo Law of Guarantee
gptkbp:requires Existence of loss
gptkbp:usedIn Banking
Shipping
Commercial Transactions
gptkbp:bfsParent gptkb:Restoration_of_Louis_XVIII
gptkb:Second_Bourbon_Restoration
gptkb:Restoration_(1814–1830)
gptkbp:bfsLayer 7