Bond By Debtor And His Surety Legal Draft Template
| Category | Agreements Bonds |
| Format | |
| File name | Bond by Debtor and his Surety |
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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 executed on this ..day of ..at ... jointly by :1.
Mr. KN s/o PK r/o .., hereinafter called the security.Whereas
Mr. CP s/o Mr. IB r/o has advanced , sum of Rs. 1,00,000.00 to Mr.
KN, above named.Now
we the said KN and KB jointly and severally bind ourselves to pay the said sum
to Mr. CP on demand along with interest at the rate of 18% per annum.Witnesses:1.
Name.. Signature.Address..
(KN)2.
Name. Signature .Address
(KB)