Rights of the Indemnity-holder
Section 125 of the Contract Act lays down that the indemnity-holder is entitled to get from the indemnifier :
1. all damages which he may be compelled to pay in any suit in respect of any matter to which the promise to indemnify applies ;
2. all costs which he may be compelled to pay in such suits (provided he acted prudently or with the authority of the indemnifier) ;
3. all sums which he may have paid upon compromise of such suit (provided the compromise was prudent or was authorized by the indemnifier).
Section 125 of the Contract Act lays down that the indemnity-holder is entitled to get from the indemnifier :
1. all damages which he may be compelled to pay in any suit in respect of any matter to which the promise to indemnify applies ;
2. all costs which he may be compelled to pay in such suits (provided he acted prudently or with the authority of the indemnifier) ;
3. all sums which he may have paid upon compromise of such suit (provided the compromise was prudent or was authorized by the indemnifier).
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