Simple Bond Legal Draft Template
| Category | Agreements Bonds |
| Format | |
| File name | Simple Bond |
This is a sample legal draft for reference. Review and adapt it for your facts, and consult a qualified advocate before filing or execution.
Draft Preview
This
Bond is given by me the undersigned... residing at ... in favour of Mr. B as
follows -Whereas
I am having several dealings with the said Mr. B as a result of which I have
become liable to pay to Mr. B in an aggregate sum of Rs.Whereas
the said Mr. B has refused to continue the dealings or business with me unless
I acknowledge the said liability as on today and execute this bond for the
payment thereof.Now
I ... hereby confirm that I am indebted to Mr. B in the said sum of Rs..
and I agree and covenant to pay to Mr. B the said sum on demand with interest
thereon at the rate of Rs... per cent per annum.Dated
this ... day of ..., 2000.Signature.WITNESSES;1.2.