A Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...

Asset reconstruction companies (ARCs) in India are facing pressure from large banks to confirm they have no connections with the defaulting...

Actors, online influencers insert additional indemnity clauses in their contracts with crypto exchanges

Since the transactions under the scanner is for the period before Walmart took charge of the homegrown etailer, the indemnity clause is exp...

According to the sources, the Indian government has put forth certain conditions for finalising the indemnity clause contract and has sent ...

The programme aims to distribute enough vaccines to protect at least 20% of the population in 92 low- or medium-income countries.

The proposal, which has been further sent to Moderna, will be taken up by its board of directors and once approved, will allow immediate im...

On June 10, the company announced that it had secured 500 million doses of Pfizer/BioNTech’s Covid-19 vaccine at a not-for-profit price for...

Officials said the panel will look to solve issues such as the indemnity clause, which has been a point of contention between global vaccin...

Serum Institute of India (SII), which manufactures the Covishield Covid-19 vaccine, has sought indemnity against adverse reactions to its j...

Indian contract law defines indemnity as: “A contract by which one party promises to save the other from loss caused to him by the contract...

Pfizer has signed an indemnity clause with many countries that are using its vaccine, absolving the company from paying any legal cost in c...

The Indian government on Tuesday had allowed granting emergency licence for vaccines that have been approved by the US, the UK, Europe, Jap...

Vaccine makers in India have been pushing the govt to include an indemnity clause in their purchase agreement considering the extraordinary...

Tweak agreements to include protection against any sudden I-T Dept impositions

On Wednesday, a spokesperson for the CBDT clarified further that fears relating to retrospective taxation are unfounded.

Companies and funds are buying special insurance covers and adding new conditions in cross-border deals to protect themselves from future t...