AGREEMENT BOND
FOR CANDIDATES ADMITTED TO _______________________________
COURSES FOR 2024 – 2025 SESSION
THIS DEED OF BOND IS EXECUTED AT ________________________ ON THIS DAY OF
_________________________ BY
NAME : __________________________________
S/O, D/O, W/O. : __________________________________
RESIDING AT (PERMANENT ADDRESS) : __________________________________
TEMPORARY ADDRESS : __________________________________
LAND LINE PHONE NO. : __________________________________
MOBILE NO. : __________________________________
Email ID : __________________________________
AADHAR NO. : __________________________________
TO IN FAVOUR OF ___________________________________________________________COLLEGE
WHEREAS the Party of the FIRST PART have applied for admission to ___________________ course
and the Party of the FIRST PART has been selected to the said course.
As per the prospectus, the Party of the FIRST PART has agreed to serve the Government of Tamil Nadu
till superannuation (For Service Candidates) and for a period of not less than _________ years (For Non
Service Candidates) after successful completion of the ____________________ course and on such
failure of not completing the full bond period of _____________ years, the Party of the FIRST PART shall
forthwith pay a sum of Rs. ______________________ (Rupees ___________________________only).
During the above period, the Party of the FIRST PART (For Non Service Candidates) shall be paid
stipend and the Government of Tamil Nadu will requisition their services, if required, within a period of 2
years from the date of completion of the _________________ course.
AND WHEREAS for the better protection of the Government, the Party of the FIRST PART has agreed to
execute the bond with 3 sureties who are Income Tax assessees to stand guarantee for the above said
amount of Rs. ____________________ (Rupees __________________________________ lakh only).
AND WHEREAS the Party of the FIRST PART have also agreed that on successful completion of the
______________ course his / her certificates relating to ______________ course will not be given to the
Party of the First Part unless the Party of the FIRST PART successfully completes the bond period of
_____________ years or pay to the Governor of Tamil Nadu his successors and assignees (hereinafter
called “The Government”) on demand the sum of Rs. _____________ (Rupees_________________
________________________________ lakh only) and on such default together with interest at
Government rates thereon from the date of demand on the said amount.
The party of the FIRST PART ___________________ or his / her legal heirs, executors and
administrators shall forthwith pay to the Government on demand the said sum of Rs. _____________
(Rupees _________________________ lakh only) together with interest from the demand at
Government rate in force on Government Loan.
AND WHEREAS the Government have, at the request of the Party of the FIRST PART
________________ employed as ________________________ granted stipend to him / her for a period
of 24 / 36 months with effect from _______________________ in order to enable him / her to study at
________________________________________ College.
AND WHEREAS if the Party of the FIRST PART ________________________________________
works for a period of less than 24 / 36 months during the ____________________ course, the
proportionate amount will be treated as stipend and the Party of the FIRST PART ___________________
shall pay back in addition to the security amount of Rs.____________(Rupees ____________________
_________ lakh only) the balance amount of stipend to the Government.
AND WHEREAS if the Party of the FIRST PART _________________________________ discontinues
the course at any time before the completion of the ______________________ Course the Party of the
FIRST PART shall pay back in total, amount received as stipend and the appropriate discontinuation fee
Rs.____________(Rupees ____________________________ lakh only) in total as together with interest
from the demand at Government rate in force on Government Loan.
AND upon the Party of the FIRST PART ________________________ or
1._____________________ or 2.______________________ or 3._______________________
The sureties aforesaid making such payment, the above written bond shall be void and be of no effect,
otherwise it shall remain in force and virtue.
PROVIDED always that the liability of the sureties hereunder shall not be impaired or discharged by
reasonable time being granted or by any forbearance, act or omission of the Government or any person
authorized by them (Whether with or without the consent knowledge of the sureties) nor shall it be
necessary for the Government to sue the Party of the FIRST PART before suing the sureties
1.______________________________________________________
2.______________________________________________________ and
3.______________________________________________________
Or any of them for amount due hereunder.
This bond shall in all respects be Governed by the Laws of India, for the time being in force, and the
rights and liabilities shall, where necessary, be accordingly determined by the appropriate courts in India.
This bond is exempted from stamp duty, under Article 57 of Schedule-I of the Indian Stamp Act, 1899,
(Central Act II of 1899)
NOW THE DEED OF INDEMNITY BOND WITNESSESS AS FOLLOWS:
1. The Party of the FIRST PART has agreed to serve the Government of Tamil Nadu Medical
Services for a period of _____________ on successful completion of the ___________ course
and in the event of default the Party of the FIRST PART shall pay forthwith a sum of
Rs.____________ (Rupees ______________________________ lakh only) to the Government
of Tamil Nadu Medical Services.
2. For the aforesaid amount of Rs._____________ (Rupees ______________________ lakh only)
the Party of the FIRST PART has brought 3 sureties and it should stand alive till successful
completion of the ________ years bond period with the Government by the Party of the FIRST
PART. Or in the event of such default till payment of Rs.____________
(Rupees _________________________ lakh only) is paid to the Government of Tamil Nadu
Medical Services.
3. The Party of the FIRST PART agrees that till the successful completion of the period of
__________ years, service to the Government of Tamil Nadu or till the payment of Rs._________
(Rupees _________________________________ lakh only) is paid the certificates relating to
_____________ course at ______________________________shall be in the custody of the
Party of the Second Part College and the Government has a first lien over all the certificates
gained by the candidate at the time of admission.
The Party of FIRST PART authorizes for retention of the certificates till the lien is cleared / discharged.
Signed and Dated at ________________ on this the_____________ day of ______________.
Signed and delivered by the Party of the FIRST PART ________________________.
Signature of the Candidate.
PAN No. of Surety 1 :
Aadhar No. :
Signed and delivered by the Surety __________________________________________
Signature of the Surety with seal.
In the presence of :
Witness 1. Witness 1.
Name : Name :
Address : Address :
Signature Signature
PAN No. of Surety 2 :
Aadhar No. :
Signed and delivered by the Surety __________________________________________
Signature of the Surety with seal.
In the presence of :
Witness 1. Witness 1.
Name : Name :
Address : Address :
Signature Signature
PAN No. of Surety 3 :
Aadhar No. :
Signed and delivered by the Surety __________________________________________
Signature of the Surety with seal.
In the presence of :
Witness 1. Witness 1.
Name : Name :
Address : Address :
Signature Signature
ACCEPTED
For and behalf of any of the order and direction of the Government of Tamil Nadu.
Date : Dean
Station :
Madras Medical College
DECLARATION
1. Name of the Candidate :
2. Name of the Institution and place where he was :
Worked last
3. Designation :
4. Name of the PG Course :
5. Duration of the Course :
6. Date of Joining the Course :
7. Whatever Service / Non Service Candidate :
8. If service candidate date of joining service :
9. Total service prior to joining the course :
10. Permanent Address :
I hereby declare that the above particulars are true to the best of my knowledge and I have
executed / prescribed the bond. If the particulars furnished above are incorrect, I will remit back the
stipend amount paid to me with interest thereon as specified by the Government from to time. Further I
declare that I will not claim my original certificates till I fulfill my bond conditions as I have executed.
Date :
Station : SIGNATURE OF THE CANDIDATE
