3 Pages Posted: 14 Mar 2012
Date Written: March 12, 2012
Indemnity and damages are some of remedies that may be claimed for breach of contract. In such a situation, it is important to understand the advantages, differences and the extent of liability in the cases of indemnity and damages. This paper provides a thorough understanding of the same in connection with the Indian Contracts Act, 1956.
Keywords: Indemnity, Damages, Indian Contract Act
JEL Classification: K00, K12, K20, K4
Suggested Citation: Suggested Citation
By Manjeet Sahu
By Ravi Singh