Indemnity and Guarantee

Indemnification from risks. Guaranteed.

Guarantee, warrantee etc. Suitable for IT related transactions. Automated execution through Smart Contracts. Our documents indemnify you from risks that is our guarantee. Take care of business damages, sharing of confidential information. Check the Difference between indemnity and guarantee here.

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Agreement of guarantee

Deed of guarantee

Deed of indemnity and guarantee

Letter of indemnity and guarantee

Personal Guarantee

Bank Guarantee

Indemnity for title

Letter of Guarantee and Indemnity


List Of Documents Required

Indemnity Bond 2

Indemnity Bond

  • Original Documents with one set of Xerox copies
  • Two Passport Size Photograph on both copies of documents (all Parties)
  • Stamp duty Rs. 100
  • e-Registration fee Receipt of Registration fee with undertaking / Affidavit
  • Original ID Proof of the concerned Parties (all Par ties and two Witness) like Voter card, PAN card, Passport, Driving License, Aadhar Card and in case of companies, power of attorney/board resolution
  • AADHAAR No. If Available

Recent Updates

Frequent questions, quickly answered.

Indemnity is such when one party promises to compensate the loss occurred to the other party due to the act of promisor or any party. On the other hand the guarantee is when a person assures the other party that he or she will performed the promise or fulfil the obligation of the third party in case he or she defaults.

The term literally means “security against loss” contract of indemnity defines a contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person is called a “contract of indemnity”.

Guarantee enables a person to get loan on goods or on employment and requires a valid consideration. A contract of guarantee has three parties with varying liabilities. The function of contract of guarantee is to enable person to get a loan on goods or own credit or an employment and it is considered as void without a valid consideration.

Following below can be considered as essentials of a contract of guarantee:

    1. Tripartite agreement : a contract of guarantee entails three parties principal, debtor, creditors and surety, there must be three separate contracts between three parties and each and every must be consenting to the terms of the contract.
    2. Liability: Here main liability lies with the principal debtor. Secondary liability lies with the surety which can only be invoked once the principal debtor defaults on making payments.
    3. Other items: These are same like any other general contract for e.g. free consent, consideration, lawful object, competency of contracting parties.
    4. Medium of contract: The Indian contract act does not strictly mentions the need for written form of contract of guarantee.
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