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Difference Between Contract of Guarantee and Contract of Indemnity

    Contract of Guarantee vs Contract of Indemnity Feature Contract of Guarantee Contract of Indemnity Parties involved 3 parties: Surety, Principal Debtor, Creditor 2 parties: Indemnifier, Indemnified Main purpose To ensure payment or performance To compensate… 

    Section 3 of Family Courts Act, 1984

      Establishment of Family Courts.— (1) For the purpose of exercising the jurisdiction and powers conferred on a Family Court by this Act, the State Government, after consultation with the High Court, and by notification,— (2)…