Question
An insurance policy designed to protect professionals
and business owners when they are found to be at fault for a specific event such as misjudgement is termed as?Solution
Indemnity is compensation for damages or loss, and in the legal sense, it may also refer to an exemption from liability for damages. The concept of indemnity is based on a contractual agreement made between two parties, in which one party agrees to pay for potential losses or damages caused by the other party. A typical example is an insurance contract, whereby one party (the insurer or the indemnitor) agrees to compensate the other (the insured or the indemnitee) for any damages or losses, in return for premiums paid by the insured to the insurer.
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If the Adjudicating Authority does not confirm the attachment within the prescribed period, what happens?Â
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“No person carrying on any industry, operation or process shall discharge or emit any environmental pollutant in excess ...
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Vodafone International Holdings v. Union of India (2012) relates to:Â
As laid down under section 162 of the Contract Act a gratuitous bailment is terminated by _______________
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In execution of decree of money-
