Difference Between Contract of Indemnity and Contract of Guarantee | The Indian Contract Act, 1872
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- Опубликовано: 26 сен 2024
- Contract of Indemnity and Guarantee are the specific types of contracts provided under sections 124 to 147 of the Indian Contract Act, 1872. In addition to the specific provisions (i.e. Section 124 to Section 147 of the Indian Contract Act, 1872), the general principles of contracts are also applicable to such contracts.
Even though both the contracts are modes of compensation based on similar principles, they differ considerably in several aspects.
Let us discuss the difference between contract of indemnity and contract of guarantee
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Beauty with Brain... And good teaching skills 👍👍
Mam mene itne video dekhe but I'm able to understand and clear my concept here only thank you soo much mam
God bless you
So beautiful explanation that i can't stop myself from subscribing you
😊
Extraordinary, fabulous teaching skills with perfect knowledge ❤
Thank you 😊
You explained it very well. Thank you ma'am for sharing your valuable knowledge
Boht zabardast and clear method of teaching masaAllah
Thank you 😊
@@capreetiaggarwal welcome
I like your teaching style thankyou so much ma'am ❤🙏
God bless you 😊
Thank you ma'm " can sue when?" Point ke liye.( Right of indemnifier).
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Best teacher of the world ❤️
🙏🏻
Bohot acchha samjhaya aapne thanks lot
Teacher aap jese hi hone chahiye
Nice explanation tq
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Thank you 😊
Thank you 🙏🏻 mam you clear my all doubts 💓💓💓
Madam teacher na etna nhe samjaya jetna deep apna samjaya thanks
thanks mam for fulfilling my demand
MAY GOD BLESS YOU
Lovely learning
Your video was good but a little suggestions ma'am please make the videos short it's help us to save time.
Truly great mam
🙏
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Superb explanation ma'am 😊😊
Thank you 😊
Maa Baap ka aashirwad banaye rkhna ji
Mam at the request of principal debtor or the craditor
thanks a lot mam for a very nice picorial calss, kindly continue such classess
Thankyou so much mam for the video 🙏🏻
Video start at 2:45
thanks mam, very well explained
8:44
22:28 indemnity holder( indemnitified) kya minar nhi ho sakta mam❓
Plz explain in short mam
Yes. As it is for benefit of minor and If the contract is executed by guardian on behalf of minor
Seeing one day before exam😅
Thank you mam❤
All the best 👍🏻
Class Beyond compare. Top class lecture
Thank you 😊
Excellent
Thank you 😊
Thanks mam 🎉
My pleasure 😇
Video start 2:50
Pls anyone explain right to sue third party in case of indemnifier and indemnity holder in english please..
Really helpfuull,, Thanku 🙏
Excellent maam once again thanks
Thank u so much ma'am
Very conceptual..😊
Thanks ma'am 🙏💥💯
Thank you mam 😊
11:37 😂😂❤ thanks mam 😊
Mam, kindly would you say me : Contract of insurance is contract of indemnity or contingent contract ?
Both
Mam pls make video on "remedies for breach of contract" and their measures of degree....pls...my exams are coming...pls make this asap...
Thank you mam!👍
Very nice maam thanks a lot
My pleasure 🥰
Thankyou mam 🙏
No words to say only🙏
ma'am apke lec. kha s buy krne hai??
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Tnxu mam gud teaching mam🥰
Nyc explanation mam ap bht acha explain krte ho really....
Thank you 😊
Thanks you so much but aapne but fifth question m apne confuse kardiya endemenity m third party kha se create hue??? Plz explain me and explain me 6 point too plz kal mera exam hai
So nice
Ma'am please 'prayaas' for CA inter students
These things are in my ignou
Mam negotiable main may 2018 se abtk kuch ammendment hui hain kya
Nahi hai
@@capreetiaggarwal Thank you very much mam
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Mam I guess the example of indemnity is not more suitable, because I think there are two contracts between Mr X and the Government. Example is right but not much suitable because it is confusing.
Mam i have questions..
Yes contract with minor is void ab initio but
The principal debtor could be a minor so surety is liable na??
And if principal debtor is dead surety will pay. The who will pay back to surety on behalf of principal debtor bcz surety thodi na charity krne baitha hai
In case of Minor the legal guardian becomes the Principal Debtor
Surety will not be able to recover the money. That is the risk you take by giving guarantee for minor. Guarantee given for minor is considered as personal liability of surety. He will pay the creditor in case of default, but he will not be able to recover as debtor is minor.
9:04 😂😂😂🎉
Hlo mam please make a video on agreement opposed to public policy (Sec 23) nd agreement in restraint of trade (Sec27)
Nd Agreement of restraint in legal proceedings (Sec28)
Sure
😮😮😮😮 24:18
Twwo
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Madam aap bahut sunder ho..Love you
2 party
Thank you mam.
Bahut accha explain karte ho
Thank you 😊
mam can we say stipulation as to time is a condition in contract of sales
Yes
U r the best ❤
Thank you Shruti
Wonderful.
Very nice explaination ma'am 👍