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Surety Bond

This document is a surety bond where the signer guarantees that the Bounden will fulfill their obligations under a specified bond. The signer agrees to pay a specified sum to the government in case of default by the Bounden and acknowledges that their liability is equivalent to that of the principal debtor. The document includes spaces for signatures, names, occupations, and addresses of the surety and witnesses.

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devendratiwari966
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23 views1 page

Surety Bond

This document is a surety bond where the signer guarantees that the Bounden will fulfill their obligations under a specified bond. The signer agrees to pay a specified sum to the government in case of default by the Bounden and acknowledges that their liability is equivalent to that of the principal debtor. The document includes spaces for signatures, names, occupations, and addresses of the surety and witnesses.

Uploaded by

devendratiwari966
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SURETY BOND

I, S/o of
do hereby declare myself surety for SbrVSmt./
Kum. (hereinafter refened to as Bounden) and do hereby
guarantee that the Bounden shall do and perform all that he has undertaken,
to do and perform
under the Bond, dated the day of ___-_ execu,ted by. him in favour of the
President of India and do hereby bind myself, my representative heirs, executors and
administrators to pay a sum of Rs. (Rupees only)
being the amount due and payable by the Bounden under the said bond or ald a sum as the Govt:
shall deem to be srtfficient to cover any loss or damage the Govt. may have sustained by reason
of default of the Bounden. And I do hereby further agree that the Govt. may, without prejudice
to any other rights and remedies, recover from rne the said surn as arrears of land revenue and I
do hereby further agree that any forbearance in enforcement of the said bond or any other
indulgence granted to the Bounden, or any variation of their terrns of the said Bond or auy time
given to the Bounden ol *, variation of their terms of the said Bond or any time given to the
Bounden or any other-conditions or circumstances under which in law a surety would be
discharged will not discbarge me from my liability to pay the said sum and for the pulpose of
enforcement of this Bond my liability under this Bond will be as principal Debtor and joinr and
several with that of the Bounden.

Dated this day of

Sigrrature with date :

Name:

occupation with starip :

Address:

WITNESSES:

Siened in the nrisence of:


Signature
with date: (1)
Q)
Name

Occupation
Addr'ess

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