(To be executed on non-judicial stamp paper of Rs.
100/-
and to be attested by 1st Class Magistrate)
INDEMNITY BOND for Mutation
This Indemnity Bond is executed on _____ this day of _____________ by
Shri / Smt. / Km. ___________________ s/o w/o d/o ___________________
resident of _____________________________________ hereinafter called the
executants (which term shall include his / her heirs, successors, executors,
administrators and legal assigns) in favour of President of India, hereinafter
called the Lessor (which terms shall include its heirs, successors, executors,
administrators and legal assigns).
WHEREAS the executants is the lessee / sub-lessee / allottee in physical
possession of the Plot / Flat No. ______ in Block No. ______ Pocket No. ______
in __________________________.
OR
WHEREAS the executants is the duly constituted attorney of Shri /Smt. /Km.
___________________________ s/o w/o d/o ___________________________
property _____________ and is competent to seek Sale Permission, execute
the Sale Deed and get it registered on behalf of the lessee / sub-lessee /
allottee.
AND WHEREAS the lessee of the said property has died on leaving behind
the following legal heirs:-
S. No. Name Age Relationship Address
(Years) with deceased
1.
2.
3.
4.
AND WHEREAS the deceased lessee had executed a WILL dated ________
registered as No. ________ in Additional Book No. ______ Volume No. ______
on pages from _______ to _______ dated with the Sub-Registrar, Delhi / New
Delhi bequeathing the property in favour of the executant.
AND WHEREAS the other legal heir(s) to the deceased lessee have filed
affidavit(s) to the effect that he / she / they have no objection to the mutation of
the property in favour of the executant on the basis of the WILL referred to
above, by the Lessor.
AND WHEREAS the executant has represented to the Lessor for mutating
the rights, interests and the title of the lessee in his / her favour on the basis of
the WILL referred to above.
AND WHEREAS the Lessor has agreed to mutate the rights, title and
interest of the lessee in favour of the executants subject to the condition of the
executant executing a registered indemnity bond in favour of the lessee to
indemnity the Lessor against any loss for damage that it may sustain or any
action that may be brought against it on account of the mutation of the property
in favour of the executants.
NOW therefore, in consideration of the aforesaid agreement the
executants do hereby indemnified and shall always keep the Lessor indemnified
against any loss or damage that it may sustain by mutating lease hold rights of
the deceased lessee in favour of the executant of any claim, proceedings of
litigation penalty or action that may be taken or brought against the Lessor
arising out of or in connection with the mutation of the lease hold rights in
favour of the executants by the Lessor.
IN WITNESS WHEREOF the executants Shri / Smt. / Km.___________________
s/o, w/o, d/o ___________________________ has signed and delivered this
bond on this day of ____________.
EXECUTANT
WITNESSES:-
1. __________________________
2. __________________________
