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Indemnity For Loss Of Allotment Letter - Legal Draft

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Category : Agreements Indemnity

To M/s. XYZ and

Company Ltd ..........SirI have paid a sum of

rupees ........ towards the price of ........ shares out of the recent issue of

shares made by you and you have allotted to me ........ shares by your letter

of Allotment No ......... dated . ....... received by me.You have now

requested me to return the said letter of allotment in exchange of the share

certificate for the said shares.I have informed you

that the said letter o ]'allotment is lost or misplaced and by your letter

dated ........ you have agreed to issue the Share Certificate in respect of the

said ........ shares against my indemnifying you for any loss your may suffer

or incur on account of any claim made against you by any body else on the

strength of the said allotment letter.I have therefore to

state that 1 hereby agree to indemnify you and keep you indemnified against all

loss. costs, charges and expenses which you may suffer or incur on account of

any body making a claim to the said shares issued to me on the strength of the

said allotment letter above mentioned.Yours faithfully,


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