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Simple Form For Money Due Legal Draft Template

Category Agreements Bonds
Format
File name Simple Form for Money Due

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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.

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This

bond is made on this..day ofby me ( KB, s/o Mr. RP, r/o ., on

the following accounts:Whereas

I owe Rs..to Mrs/o .. r/o .. on the following

accounts.1.

On

account of the principal amount and the interest due to him under a bond

dated.executed by me in his favour for Rs2.

On

account of Gold ornaments purchased from him vide his bill dated for

Rs..3.

On

account of loans taken form him on various dated and interest due on them

Rs.4.

On

account of the rent for the period from.to .@ Rs.. per moth, Rs..5.

On

account of a decree of the Court of Judge Small Cause dated.in his favour

against my deceased brother late RP, RsNow in

consideration of the aforesaid liabilities, I promise to pay the above amounts

being Rsin years by half yearly instalment of Rsplus 18% interest per

annum on the day of.and on the day ofeach year.and

I hereby agree that in case any interest is not paid with the instalment, the

same shall be added to the principal amount and interest shall be charged on

that also.In

Witness Whereof I sign this bond on this..day ofin the presence of the

following wintess:Witnesses:1.

Name.Signature ofAddress.

(KB)2.

NameSignature ofAddress..(KB)

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