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| THIS DEED of Indemnity is made at .on this ..day of .. 20..........by ... son of Shri .resident of (hereinafter referred to as the claimant which expression, shall unless repugnant to the context or meaning thereof include his heirs, successors, legal representatives and executors) in favour of ., a company incorporated under the Company Act, 1956 and having its registered office at ; (hereinafter referred to as ABC, which expression, shall unless repugnant to the context or meaning thereof include its Successors and Assigns). WHEREAS 1. The claimant has represented to ABC, that the claimant has lost Bonds for Rs .. (Rupees .Only), full particulars whereof are set forth in the Schedule hereunder written (which bonds are hereinafter referred to as the lost bonds) and that the claimant is still the true and lawful owner of the lost bonds. 2. The claimant has applied to ABC for issue duplicate bonds (hereinafter referred to as duplicate bonds) in his favour, in place of the lost bonds. 3. ABC has agreed to issue the duplicate bonds to the claimant, subject to the claimant furnishing indemnity for Rs .Only NOW THIS INDENTURE WITNESSETH THAT in consideration of ABC agreeing to issue the duplicate bonds, the claimant agrees and undertakes that he/she shall indemnity and keep indemnified ABC to the extent of Rs from and against all claims, demands, actions, proceedings losses, damages, recoveries, judgments, costs, charges and expenses which may be made or brought or commenced against ABC or which ABC may or may have to bear, pay or suffer, directly or indirectly; (a) in respect of any of the lost bonds; (b) in the event of and in respect of issue of duplicate bonds; (c) in the event of and in respect of interest which ABC has to pay to the claimant in respect of the lost bonds; (d) in connection with any other matters arising upon or by virtue of these presents CLAIMANT WITNESSES1. 2. |
Awaz
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