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Application link :- https://play.google.com/store/apps/de... Welcome to **CWG for BCOM**! In this lecture, we cover *Contract of Indemnity* from *Business Law Chapter-8* under the *Indian Contract Act, 1872**. A Contract of Indemnity is a vital concept in contract law that deals with **compensation for loss* and is frequently asked in *BCOM semester exams* and professional courses like **CA, CS, and CMA**. --- 🎯 *What You’ll Learn in This Video:* ✅ Meaning and Definition of Contract of Indemnity (Sec 124) ✅ Essentials of a Valid Contract of Indemnity ✅ Rights of Indemnity Holder ✅ When Indemnifier’s Liability Commences ✅ Differences between Indemnity and Guarantee ✅ Important Case Laws & Practical Examples ✅ University Exam-Oriented Explanation --- 📚 *Who Should Watch This Video:* ✔️ BCOM & BBA Students – Semester Exam 2025–26 ✔️ CA Foundation / CS Foundation / CMA Foundation Aspirants ✔️ Students preparing for *Indian Contract Act, 1872* ✔️ Hindi & English Medium Learners --- 📲 *Learn More with CWG for BCOM:* 👉 *Download the CWG for BCOM App (Paid Courses Available)* [Download Now](https://play.google.com/store/apps/de...) 📢 *Join Telegram for Free Notes & PYQs* 👉 [https://t.me/cwgforbcom](https://t.me/cwgforbcom) --- 🌐 *Stay Connected:* 📸 Instagram: [@commercewaleguruji]( / commercewaleguruji ) 📧 Email: [[email protected]](mailto:[email protected]) --- 🔔 Don’t forget to *LIKE | SHARE | SUBSCRIBE* to *CWG for BCOM* for full syllabus coverage of **Business Law, Financial Accounting, Corporate Accounting, Cost Accounting, and Income Tax**. #BusinessLaw #ContractOfIndemnity #IndianContractAct1872 #BCOMSemester #CWGforBCOM #CommerceWaleGuruji #LawLecture ---