order allowing or disallowing any claim for the amount of an indemnity under the provisions of sub-section (2) of section
vessels. According to the appellant, no vessel operates
without a Protection & Indemnity (P&I) cover and the same has been made
compulsory ... categories of insurance from hull
and machinery insurance, to protection and indemnity (P&I)
cover, through war risks, to freight demurrage and defence
cover
office of T-company where
V executed a receipt and an indemnity bond. The receipt
recorded the fact that the 707 share certificates were
received ... hence leaving meantime with personally for
delivery to me later". The indemnity bond purported to
indemnify T-company against any claims
bank acting on behalf of the beneficiary against
a document of guarantee/indemnity at the instance of the
beneficiary and (2) whether this Court could ... irregularity by
instructing the bankers to execute a letter of guarantee or
indemnity. [325 G-H]
(c) The appellant bank knew little or nothing about
submitted that the contract of insurance is contract of indemnity and
therefore, there is no question of commerce in obtaining insurance coverage.
For this purpose ... referred to discussion on Contract of Indemnity in
New Insurance Law, by Brij Nandan Singh, which is as under:
Para 19 :
Contract of indemnity
lost, the company may register the transfer on such terms as to indemnity as the Board may think fit: Provided further that nothing in this
questions as to the right to and the amount of any such indemnity shall, in default of agreement, be settled by the Commissioner. (3) Nothing
Section 12 in The Central Sales Tax Act, 1956
12. Indemnity
.-No suit, prosecution or other legal proceeding shall lie against any officer of Government
dated 21.2.2019.] No. 32 (Further charge), No. 34 (Indemnity Bond), No. 40 (Mortgage-deed), No. 49 (Promissory-note), No. 55 (Release), No. 56 (Respondentia Bond
persons holding property which belongs to him, and shall afford full indemnity to all debtors, paying their debts and all persons delivering up such property