Section 120 in The Indian Contract Act, 1872
Title: Repealed
Description: [Effect of wrongful refusal to accept.] Rep. by s. 65, ibid.
Description: [Effect of wrongful refusal to accept.] Rep. by s. 65, ibid.
Description: [Right of seller as to rescission, on failure of buyer to pay price at time fixed.] Rep.by the Indian Sale of Goods Act, 1930 (3 of 1930), s. 65.
Description: [Sale and transfer of lots sold by auction.] Rep. by s. 65, ibid.
Description: [Effect of use, by seller, of pretended biddings to raise price.] Rep. by s. 65, ibid.
Description: A contract by which one party promises to save the other from loss caused to him by the contract of the promisor himself, or by the conduct of any other person, is called a "contract of indemnity". Illustration A contracts to indemnify B against the consequences of any proceedings which C may take against B in respect of a certain sum of 200 rupees. This is a contract of indemnity.