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Indemnity

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Altacit Global
Altacit Global

1. An indemnity is a contractual agreement where one party promises to compensate the other for any losses or damages. 2. Indemnity clauses are commonly found in rental agreements, leases, and contracts involving intellectual property to allocate risks and limit liability for damages. 3. Suppliers have become more reluctant to provide intellectual property indemnities due to factors like open source software, increased litigation risks, and more software patents.

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[object Object],[object Object],[object Object],[object Object]
INDEMNITY UNDER INDIAN CONTRACT ACT 1872 ,[object Object]
[object Object],[object Object],[object Object]
KEY FUNDAMENTALS ,[object Object],[object Object],[object Object],[object Object]
ENFORCEMENT ,[object Object],[object Object],[object Object],[object Object]
DAMAGES ON BREACH OF CONTRACT OF INDEMNITY UNDER SECTION 125 OF INDIAN CONTRACT ACT 1872 ,[object Object],[object Object],[object Object],[object Object]
CIVIL COURT ACTIONS ,[object Object]
EXAMPLE ,[object Object],[object Object],[object Object],[object Object]
[object Object]
IPR INDEMNITIES ,[object Object],[object Object],[object Object],[object Object],[object Object]
SOME EXCLUSION ,[object Object],[object Object],[object Object],[object Object]
CURRENT TRENDS ,[object Object],[object Object],[object Object]
REASONS FOR SUPPLIERS BECOMING MORE RELUCTANT TO GIVE IPR INDEMNITIES ,[object Object],[object Object],[object Object],[object Object]
INDEMNITY PROVISION FOR PATENTS ,[object Object]
[object Object]

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Editor's Notes

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