INDEMNITY BOND
THIS DEED OF
INDEMNITY made at (city), the _____day of ________, 20__ Between
(1)________________ Indian Inhabitant, residing at_____________________
hereinafter referred as the "said OWNER" (Which expression shall
unless it be repugnant to the context or meaning thereof, be deemed to mean and
include their respective heirs, executors and/or administrators) of the ONE
PART and the __________________________________, hereinafter
referred to as the said society registered under the Co-operative Societies
Act, 1960 having its registration No. _________________ of 20__ and having its
registered office at ___________________, _____________, (city), hereinafter referred to as the "said SOCIETY"
(Which expression shall, unless it be repugnant to the context or meaning
thereof be deemed to mean and include its successor or successors) of the OTHER
PART.
Whereas The said OWNER herein, were the joint members of
the ______________________ had equal right, title, interest in the Flat bearing
No.___ on _____ floor ,in the building known as "_____________" of
the said Society.
Andwhereas the said OWNER were in possession of the
aforesaid flat No.___ and were jointly allotted share certificates No.__ in
respect of five shares of Rs.50/- each shares bearing No.__ to ___(both
inclusive) by the _____________________________________ (hereinafter referred
to as the "said Shares")
And whereas the said OWNER has sold his right, title and
interest in the said shares and the said flat to the said ______________________
vide a gift deed dated ______________.
And whereas by Virtue of the aforesaid Gift the aforesaid
_____________ has become the sole owner of the said flat bearing No.___ and a
garage and the OWNER have requested the SOCIETY to admit and acknowledge the
said ___________ as the Sole member as well as the allottee of the said
shares.
And whereas to safeguard the SOCIETY from any kind of
adverse claim, the said OWNER are executing this Deed of Indemnity.
NOW THIS INDENTURE WITNESSETH that in consideration of
the SOCIETY, accepting the said _____________ as the sole member of the
aforesaid flat and the car park the said OWNER DO and each of them DO hereby
convenant with the SOCIETY that the said OWNER shall and will indemnify and
keep the said SOCIETY fully and effectively indemnified from and against
all claims demands, actions, suits and or proceedings that may be made or taken
by any person, body or authority claiming any interest in respect of the
aforesaid flat and a garage or shares and against all loss or damage that may
be caused to and or cost, charges and or expenses that may be suffered or
incurred by the said SOCIETY as regards the said flat.
IN WITNESS WHEREOF, the said OWNERS has hereunto set
their hand the day and year first hereinabove written.
SIGNED SEALED AND
DELIVERED
)
by the withinnamed "OWNER" )
_____________________________ )
____________________________ )
in presence
of..............
Sample
Format
Indemnity Bond
This Indemnity is made and executed at________ on this ________ day of ________ 20__by Shri______________________________S/oShri__________________________ a permanent resident of__________________________ hereinafter called “Employee”,
AND
IN FAVOUR OF (Company Name & address) _________________________hereinafter called “Employer”.
The terms ‘Employee’ and the ‘Employer’ unless repugnant to the context shall mean and include their heirs, legal representatives, successors, executors and administrators.
The employee hereby irrevocably agrees to indemnify the employer that in the event of any action taken by employee previous company with respect to his joining current employer. (Put all terms and conditions here)
The premium for which this bond is written is Rs. ______________.
This bond shall be deemed continuous in form and shall remain in full force and effect unless _____________________(put time duration of bond or put it till employee stay in your org.)
IN WITNESS whereof, the EMPLOYEE have put their signatures in the presence of the witnesses. The Employee having read and understood the contents terms of this Agreement.____________________ (Name, sign, date & address of employee)
1. WITNESS: NAME & ADDRESS:
2. WITNESS: NAME & ADDRESS
Indemnity Bond
This Indemnity is made and executed at________ on this ________ day of ________ 20__by Shri______________________________S/oShri__________________________ a permanent resident of__________________________ hereinafter called “Employee”,
AND
IN FAVOUR OF (Company Name & address) _________________________hereinafter called “Employer”.
The terms ‘Employee’ and the ‘Employer’ unless repugnant to the context shall mean and include their heirs, legal representatives, successors, executors and administrators.
The employee hereby irrevocably agrees to indemnify the employer that in the event of any action taken by employee previous company with respect to his joining current employer. (Put all terms and conditions here)
The premium for which this bond is written is Rs. ______________.
This bond shall be deemed continuous in form and shall remain in full force and effect unless _____________________(put time duration of bond or put it till employee stay in your org.)
IN WITNESS whereof, the EMPLOYEE have put their signatures in the presence of the witnesses. The Employee having read and understood the contents terms of this Agreement.____________________ (Name, sign, date & address of employee)
1. WITNESS: NAME & ADDRESS:
2. WITNESS: NAME & ADDRESS
DEED OF INDEMNITY CUM UNDERTAKING
This deed of Indemnity executed at
----------On this ____ day of ……….. 2008 by 1. -----------------S/o
-----------, Partner of M/s.B&S Company, situated at Pullaiah Gari Village,
Madhavaram Post, Chittoor Dist, Residing at ------------ aged ------ years
& 2. -----------------S/o -----------, Partner of M/s.B&S Company,
situated at Pullaiah Gari Village, Madhavaram Post, Chittoor Dist, Residing at
------------ aged ------ years hereinafter called as Indemnifiers [Which
expression shall mean and include my heirs, executors, assigns and successors,
etc.] to and in favour of The Karur Vysya Bank Ltd, having its Registered
office at Erode road, Karur 639 001, carrying on business of Bank, among other
places at Tenali, Guntur District, AP,
herein after called as the Bank [Which expression shall mean and include
its successors in title, assigns, etc] :
a) We have approached your branch for
sanction of certain facilities and at that time we have produced the Registered
Partnership deed dt.17.11.2008 and the same has been registered before
Registrar of Firms, as No:171/2008 at Chittoor (AP) dt.03.12.2008. In the said firm due to mistake and oversight
we have not mentioned the borrowing clause, inadvertently.
b) Now we would like to undertake that
we will pass necessary resolution/codicil to the said partnership deed and the
same will be produced before Registrar of firms in due Course. Due to lack of sufficient time we are unable
to comply the same with immediate effect.
c) Hence, we request you to sanction
the credit facilities and we hereby undertake that the said codicil/resolution,
which will be signed by both of us within 30 days from the date of this
undertaking by duly filing the same before Registrar of Firms.
d) In consideration of the above, we
undertake by this deed at all times
hereafter to indemnify, to save, defend and make good and hold harmless
from all manner of actions, suits, claims and demands whatsoever and from all
damages, costs, charges whatsoever which The Karur Vysya Bank Limited at any
time hereafter sustain, bear or be put to by reason of by means of submitting
the said Resolution/codicil (duly registered/acknowledged) within 30 days from
the date of this undertaking to the Bank.
In witness whereof I
have executed this bond on this ___ day
of …………….. 2008.
Witness Signature
1.
2.
Before me
Notary Public
Indemnity Bond
This deed of Indemnity executed at ----------On this ____ day of ……….. 2011 by -----------------S/o -----------, Residing at ------------ aged ------ years, hereinafter called as Indemnifier/s [Which expression shall mean and include my heirs, executors, assigns and successors, etc.] to and in favour of The Karur Vysya Bank Ltd, having its Registered office at Erode road, Karur 639 001, carrying on business of Bank, among other places at Gudivada, Krishna District, AP, herein after called as the Bank [Which expression shall mean and include its successors in title, assigns, etc] :
a) One Sri _________________ [herein
after called borrower] has approached your branch for sanction of certain
facilities by offering below mentioned properties as security. The said property was purchased by said Sri
_________________________, by virtue of sale deed dt.____________, which was
duly registered by myself and the same was registered as Doct.No:_____________
before ___________ Sub-Registrar.
b) As the same was sold by this
indemnifier few days ago only I hereby assure and undertake that other than
said A-schedule property, which was sold to the borrower, I also own B-schedule
property (clearly mentioned hereunder) and I hereby undertake that the sale dt.
___________ will not be questioned/objected neither by myself nor by my legal
heirs, agents, successors, executors, assignees, etc., in any manner and bank
can accept the same as security.
c) In case of any problem arises out of
accepting the said security by any of my legal heirs, agents, successors,
executors, assignees, etc., in any manner I/we undertake by this deed at all
times hereafter to indemnify, to save,
defend and make good and hold harmless from all manner of actions, suits,
claims and demands whatsoever and from all damages, costs, charges whatsoever
which The Karur Vysya Bank Limited at any time hereafter sustain, bear or be
put to by reason of by means of accepting the same as security from hereafter
by the Bank.
In witness whereof I
have executed this bond on this ___ day
of …………….. 2011.
Witness Signature
1.
2.
Before me
Notary Public
To be engrossed on `.100/-
Non-Judicial Stamp Paper
UNDERTAKING AFFIDAVIT
This deed of undertaking executed at ----------On this ____ day of ……….. 2012 by M/s.-----------------rep. by its Authorized Signatory/Managing partner/Proprietor Sri _______________S/o _________________, business situated at _________________ aged ___ years, [Which expression shall mean and include my heirs, executors, assigns and successors, etc.] to and in favour of The Karur Vysya Bank Ltd, having its Registered office at Erode road, Karur 639 001, carrying on business of Bank, among other places at Governorpet, Vijayawada, Krishna District, AP, herein after called as the Bank [Which expression shall mean and include its successors in title, assigns, etc] :
a) I would like to confirm on behalf of
____________________ (being an authorized signatory) that our
firm/institution/organization has occupied the below schedule property which
was owned by Sri _________________ S/o._______________________[herein after
called Landlord] since _________ for which we are paying Rs.___________ towards
monthly rent (as on date) which will be payable on every ______ of succeeding
month into the Land lord’s Account No:__________ lying with State Bank of
India, ________ Branch as per our Organization’s lease agreement
dt.________. As per the lease agreement
in between our organization and ourselves, lease agreement will continues upto
_____________ and the same will be continued depending upon the discretion of
land lord and upon the terms and conditions of lease agreement dt._________.
b) We hereby confirm that the above said monthly
rent will be credited into the SB a/c of our land lord which is lying with your
branch viz., A/c No:______ ________________, from now onwards which will
commence from dt.___________ basing on the request of our land lord. We hereby confirm that the rent crediting
into the said account will be continued until our lease continues with the land
lord or until the date of obtaining No-Objection letter from your Bank. We hereby confirm that this undertaking is
irrevocable.
In witness whereof I
have executed this bond on this ___ day
of …………….. 2011.
Witness Signature
1.
2.
Before me
Notary Public
UNDERTAKING AFFIDAVIT
This deed of undertaking executed at Vijayawada on this 14th day of March 2012 by Sri Mudda Pavan Kumar, S/o. late Sriramulu Naidu, Hindu aged about 46 years, resident of 54-20/9-9, Timmarusu Street, Srinagar Colony, Gunadala Colony, Vijayawada-520 008, [Which expression shall mean and include my heirs, executors, assigns and successors, etc.] to and in favour of The Karur Vysya Bank Ltd, having its Registered office at Erode road, Karur 639 001, carrying on business of Bank, among other places at Labbipet, MG Road, Vijayawada, Krishna District, AP, herein after called as the Bank [Which expression shall mean and include its successors in title, assigns, etc] :
I would like to confirm that I have
purchased the below mentioned property from M/s.Annapurna Builders, rep. by its
Managing partner Sri Ponnam Lakshminarayana, S/o. Madhusudhana Rao, by virtue
of sale deed de.18.12.2000, which was duly registered as document No:343/2000
before Gunadala SRO in Scanning No:615-1-343-2000 and since thereon, the said
property is in my absolute possession and enjoyment and the same has been
mutated in even Municipal Records also.
I would like to confirm that vendor
in the above said sale transaction i.e., M/s.Annapurna Builders, is rep. by its
Managing partner Sri Ponnam Lakshminarayana at the time of sale and I have gone
through the entire partnership deeds and its supporting documents of said
partnership firm. But I have not
insisted said firm to hand over the copies of said partnership documents to me
as at that moment I have not expected that they are necessary in support of the
sale transaction. However all relevant
link documents, such as Document No:2579/1997 and its supporting documents in
Xerox were obtained by me in Xerox.
However I hereby confirm that at that moment I have gone through the
partnership firm’s documents and Sri Sri Ponnam Lakshminarayana S/o.
Madhusudhana Rao was acted as Managing partner of M/s.Annapurna Builders, and
he is having signing authority to sign on sale transactions on behalf of M/s.Annapurna
Builders.
Lateron the said firm i.e.,
M/s.Annapurna Builders, has been dissolved and now the same is not in existing
and none of the partners including the Managing partner Sri Ponnam
Lakshminarayana is also not available.
By emphasizing the said fact I have offered the same with an intention
to sell to Mr.Sangineni Sai Venkata Satyanarayana, S/o. Venkateswara Rao,
Resident of 19-25-9/2, Near 1st Cross Road, Reddy Colony Bhimavarama, West
Godavari District, who has approached your bank to avail certain loan
facilities for purchasing of said flat.
Accordingly I hereby confirm that in case of any problem arises out of
accepting the said security by any of my legal heirs, agents, successors,
executors, assignees, etc., in any manner I/we undertake by this deed at all
times hereafter to indemnify, to save,
defend and make good and hold harmless from all manner of actions, suits,
claims and demands whatsoever and from all damages, costs, charges whatsoever
which The Karur Vysya Bank Limited at any time hereafter sustain, bear or be
put to by reason of by means of accepting the same as security from hereafter
by the Bank.
In witness whereof I
have executed this bond on this 14th day of March 2012.
Witness Signature
1.
2.
Before me
Notary Public
INDEMNITY BOND
This deed of
Indemnity, executed at Vijayawada, on this March 30th, 2012, by
"M/s. HRT BUILDERS", a Partnership firm having its Office at D. No.
27-14-56, Rajagopalachari Street, Governorpet, Vijayawada-52} 002, represented
herein by its MANAGING PARTNER: Mr. THONDEPU RATNA SRINIVAS, S/o. Mr. T.
Venkata Hanumantha Rao, aged 44 years, resident of D.No. 27-33-6, Ali baig
Street, Governorpet, Vijayawada-2, Krishna District; hereinafter referred to as
Indemnifier", (which expression where the context so permits shall mean
and include their heirs, legal representatives, administrators, executors and
assignees, etc.,) to and infavour of The Karur Vysya Bank Ltd., a Banking
company incorporated under the Indian Companies Act 1913, having its registered
and Central Office at Karur., represented by Mr.K.Sathyamoorthy, S/o. Muniratnam
Chetty, aged 59 years, Deputy General Manager, Divisional Office., Vijayawada;
hereinafter referred to as BANK, (which expression where the context so permits
shall mean and include their heirs, legal representatives, administrators,
executors and assignees, etc.,)
Whereas, the
indemnifier has agreed to sell the below mentioned schedule property to the
bank, (as detailed hereunder, in schedules A & B) and accordingly both have
entered into the sale, vide sale deed, dt.07.05.2008, (Regd. as doct.No:2327/2008)
Registered in the Office of Sub-Registrar, Patamata, Vijayawada.
-2-
Whereas, at the
time of sale registration itself it has been noticed by the Bank that the
approved plan & proceedings, produced by the indemnifier differs with the
construction of below schedule apartment and the same was brought into the
knowledge of the indemnifier herein, by the Bank, the indemnifier has assured
that they will get the existing deviations got approved and Regularized by the
Competent Authority and accordingly indemnifier has submitted an undertaking
Indemnity letter to the Bank stating that indemnifier will take responsibility
of regularizing the schedule construction and accordingly the same was turned
into writing vide indemnity letter dt.07.05.2008 which was duly singed and
notarized. But was not yet regularized
and indemnifier hereby declare and confirm that the indemnifier has already
submitted necessary documents to Vijayawada Municipal Corporation for
regularizing the construction under Building Penalization Scheme and the same
was under process.
Whereas, in
continuation to our earlier indemnity letter dt.07.05.2008 we hereby declare
and assure the bank that in the event of non-Regularization of below scheduled
construction by Vijayawada Municipal Corporation or Imposition of Penalty, or
demolition of part or whole of the premises, the builder keep indemnifying the
Bank, and hereby agrees to indemnify and hold the Bank harmless, from and
against any future claims/proceedings/litigations from any type of Government
bodies/Quasi Government Bodies, etc., in consequence of construction of the
Buildings, in deviation, from the approved plan and agree to make good all
loss, damage, costs, delay or other consequences, which may arise or result
from deviation of construction from the approved plan.
A-SCHEDULE
All that piece and parcel
of house site admeasuring 996.58 Sq.Yds or 833.A7 Sq.Mts of property situated
in Krishna District, Vijayawada Registration District and within the jurisdiction
of the Sub-Registrar - Patamata, within the limits of the Vijayawada Municipal
Corporation, bearing NTS No.799, Nearest D.No. 32-8-6situated at Behind Prakash
Towers, Ciripuram Main Road, Prajasakthi Nagar, Mogalrajpuram, Vijayawada
bounded as stated below :
East : Property
belonging to Prakash Towers
South : Properly
belonging to H R T Builders
West : Municipal
Road
North : Others
Property (Property of Chodisetty Manmadha Rao & Others)
ln between the
above four boundaries site measuring 996.38 Sq.Yds or 833.O7 Sq.Mts, together
with all rights of easements;
"B"
SCHEDULE
Semi-Finished 20 (twenty)
flats viz. four flats each in the Ground, First, Second, Third and Fourth
Floors in the site mentioned in A Schedule bounded on:
East : Property belonging to Prakash Towers
South : Property belonging to H R T Builders
West : Municipal Road
North : others Property (Properly of Chodisetty
Manmadha Rao and others)
In between the
above four bounciaries 20 (wventy) flats viz. four flats each in the cround,
First, Second, Third and Fourth floors having a total plinth area of 18,786.66
Sft, 2,715 sft total parking area in the stilt floor, 1O0O Sft of common area,
common steps' common lift' common amenities provided in the apartment, attached
latrine bathrooms, together with all rights of easement enjoyment right in all
amenities provided in the Apartment subject to the condition that the VENDEE
shall bear cost of utility and repairing charges of all the amenities
proportionately. The VENDEE shall abide by Apartment rules in force.
In
witness whereof I have executed this bond on this 14th day of March 2012.
Witness
Signature
1.
2.
Before me
Notary Public
UNDERTAKING AFFIDAVIT
This deed of undertaking executed at Bhimavaram on this 31th day of March 2012 by Sri T____________ (full initial to be mentioned) Ramesh, S/o. Subba Rao, Hindu aged about ______ years, resident of Dr.No:21-3-8, Suguna Rao Street, Bhimavaram, West Godavari District [Which expression shall mean and include my heirs, executors, assigns and successors, etc.] herein after called as indemnifier and in favour of The Karur Vysya Bank Ltd, having its Registered office at Erode road, Karur 639 001, carrying on business of Bank, among other places at Bhimavaram, Krishna District, AP, herein after called as the Bank [Which expression shall mean and include its successors in title, assigns, etc] :
I would like to confirm that indemnifiers
herein is having a SB A/c with Bank bearing No:1431.155.66453. On 22.03.2012 due to our business purpose went
to Chennai and have remitted Rs.________ (with a denomination of Rs.___ X ____)
at your Dhandapani Street, Chennai Branch (1239). Later when we verified we came to know that
we have given an excess amount of Rs.__________ instead of Rs._________ in the
my above said account and the same was neither mentioned in cash deposit form
nor in counterfoil which was acknowledged and returned to me. On that day evening we have realized about
the said fact and immediately we brought the same into the knowledge of your
Dhandapani Street, Chennai Branch and your officials also confirmed that they
have received the excess amount to a tune of Rs.__________ in the said
account.
I would like to submit to your
authorities that being a customer of your Bhimavaram Branch I am handing over
this indemnity letter to your Bhimavaram branch with a request to return the
said excess amount of Rs.__________ to me.
Accordingly I hereby confirm that in
case of any problem arises by virtue of returning the said amount of
Rs._________ to me, by any of your customers/public in general/statutory
bodies/government/private /individuals/ institutions/ or any other legal bodies
with a claim to return the said amount from your Chennai Dhandapani Street or
against any of your branches of Karur Vysya Bank in India against this act, I/we
undertake by this deed at all times
hereafter to indemnify, to save, defend and make good and hold harmless
from all manner of such actions, suits, claims and demands whatsoever and from
all damages, costs, charges whatsoever which The Karur Vysya Bank Limited at
any time hereafter sustain, bear or be put to by reason of returning an amount
of Rs._______ by the Bank, to us.
In witness whereof I
have executed this bond on this 31th day of March 2012.
Witness Signature
1.
2.
Before me
Notary Public
No comments:
Post a Comment