CONTRACT OF INDEMNITY : NATURE AND THE SCOPE Author : Richa Gupta, Dharmashastra National Law University, Jabalpur, MP Co-Author : Vandana Budhrani, Dharmashastra National Law University, Jabalpur, MP INDEMNITY, as elucidated in Cambridge Dictionary means, “protection against possible damages or loss or a promise of payment at the time of loss “[1] Much like other