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Deed Of Indemnity - Legal Draft

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Category : Agreements Contract Law

DEED

OF INDEMNITY made at Mumbai this ____ day of __________ by (1)______________________,

(2) ________________, (3) ____________________ and (4) __________________ of

Mumbai hereinafter called "the Obligors" (which expression shall

unless it be repugnant to the context or meaning thereof mean and include their

heirs, executors and assigns).IN

FAVOUR OF (1) ____________(2) ________________(3) ________________ (4)

____________ (5) __________all presently residing _______________ hereinafter

called "the Obliges" (which expression shall unless it be repugnant

to the context or meaning thereof mean and include their respective heirs,

executors, administrators and assigns);WHEREAS

one Shri _________is the monthly tenant of ________Trust and other Trusts

(hereinafter called "the Owners") in respect of flat no.__ on the

____floor of the building known as "_____" situated at

_________________ (hereinafter referred to as "the said flat").AND

WHEREAS Shri __________ is the husband of Oblige No.1, father of Oblige no.2,

father-in-law of Oblige no.3 and grand father of Obliges no.4 & 5;AND

WHEREAS the Obligors __________AND WHEREAS the Obliges hereto being the legal

heirs of Shri ____________ and in consideration Shri _______________ agreeing

to the Obligors' request, the Obligors hereby declare and indemnify the Obliges

as under:-NOW

THIS INDEMNITY WITNESSETH:-1. That the Obligors

hereby indemnify and agrees to keep indemnified the Obliges against any claim

or demand that may be made against the Obliges in respect of the said flat.2. That it shall be the

Obligors responsibility at the Obligors costs and expenses to handle any

litigation or any other matter in relation to the said flat and to pay all

costs and manse profits and other expenses, whatsoever, in relation to the said

flat and the Obliges shall not be responsible or liable in any way.3. That it shall be the

Obligors responsibility to pay all costs, manse profits and other expenses in

relation to the said flat, whether they are in possession of the said flat or

not.4. That the Oblige shall

not be responsible in any way, if the right, title and interest of Shri

______is not transferred/transmitted to the names of the Obligors due to any

reason whatsoever.5. That this Indemnity

shall be binding on the heirs, executors, successors and assigns of the

Obligors.SOLEMNLY

AFFIRMED AND DECLARED)this

___ day of ________ )by

the within named Obligors )1. ________________________________)2. ________________________________)3. ________________________________)4. ________________________________)in

the presence of ____________ )BEFORE

MEIDENTIFIED

BY MENotary


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