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Indiminity Bond Format

This Indemnity Bond is executed between a consumer and MSEDCL regarding a security deposit for energy bills. The consumer acknowledges the loss of the original deposit receipt and agrees to indemnify MSEDCL against any claims arising from it. The consumer commits to repay any losses incurred by MSEDCL due to this situation within one month of demand.
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0% found this document useful (0 votes)
1K views1 page

Indiminity Bond Format

This Indemnity Bond is executed between a consumer and MSEDCL regarding a security deposit for energy bills. The consumer acknowledges the loss of the original deposit receipt and agrees to indemnify MSEDCL against any claims arising from it. The consumer commits to repay any losses incurred by MSEDCL due to this situation within one month of demand.
Copyright
© © All Rights Reserved
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INDEMNIW BOND

This Indemnity Bond made & executed between Mls. ------ --. -—.
Pune (Con. No. ------------------) & the Superintending Engineer (GKUC), Maharashtra
State Elect. Distribution Co. Ltd., Pune. Here in after referred to as the MSEDCL which
term shall including his successors in office of the other part this date-------------.

1) Where as we are a consumer of MSEDCL & we have paid a sum of Rs---------/-


(Rs.-----------------------------------------------------Only) to MSEDCL towards Security
Deposit against energy HT bill. The details of Security Deposit is as under:
Sr. No. Receipt No. Date Amount fRs.)

2) Where as the Original Deposit Receipt issued by the Company are lost in respect of
Deposit Amount mentioned above & so the company has executed this Bond Agreeing to
Indemnify the Company against any loss on account of second claim arising later on
production of the Original Document of in any other manner.

3) We Mls. - -- hereby state that in consideration of the MSEDCL


repaying to us the deposit amount after mentioned in cash/ by cheque.

4) We undertake to indemnify the Company against all loss & claims arising on the basis
of the original deposit receipt issued by the Company. If the company sustains any loss, we
undertake to pay the company the amount demanded within one month of the demand.

In witness where of M/s.--------------------. have here to set out Signature on the


day ----------& the year----------- herein above written in the presence of the following
witnesses.

Date: SIGNATURE OF THE INDEMNIFIER

WITNESSES :

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