Bond by Debtor and Surety for Existing Liability

Legal Resource Category(s)

Bonds


	Sr.No	Form Name

	1.	Administration Bond (SECTION 291, INDIAN SUCCESSION ACT)'

	2.	Administration Bond (Section 291, Indian Succession Act)'

	3.	Bond and Bail Bond under Criminal Procedure Code, 1973 after Arrest Under a Warrant'

	4.	Bond by an Employee for not Engaging himself with a Competitor'

	5.	Bond by an Employee for not Engaging himself with a competitor'

	6.	Bond by Debtor and his Surety'

	7.	Bond by Debtor and Surety for Existing Liability'

	8.	Bond by One Person to Two Persons Providing Payment by Installments'

	9.	Bond given to an Employer for Faithful Discharge of Duties by the Employee'

	10.	Bond Given to an Employer for the Faithful Discharge of Duties by an Employee'

	11.	Bond to Keep the Peace'

	12.	Bond to Secure the Performance of a Contract'

	13.	Equal Installment Bond'

	14.	Installment Bond'

	15.	Installment Bond in Deed form'

	16.	Loan Bond with Sureties and Lower Rate of Interest in Case Punctuality in Payment'

	17.	Loan Bond with Surety and Hypothecation of Property'

	18.	Security Bond'

	19.	Security Bond by a Surety'

	20.	Security Bond by Debtor (Section 21 of the Provincial Insolvency Act)'

	21.	Security Bond by Receiver'

	22.	Security Bond for Costs of Appeal Where in Property is Mortgaged'

	23.	Security Bond for Grant of Succession Certificate (Section 375, Indian Succession Act)'

	24.	Security Bond for Removal of Attachment'

	25.	Security Bond in Injunction Suit Requiring Defendant not to do or Repeat the Wrongful Act Complained of'

	26.	Security Bond Mortgaging Property given or Order Being Made to Stay Execution of Decree'

	27.	Security Bond on behalf of Defendant for the Production of Property'

	28.	Security Bond to be given during the Pendency of Appeal Where in Property is Mortgated'

	29.	Simple Bond'

	30.	Simple Bond for Money Borrowed'

	31.	Simple Form for Money Due'

	32.	Simple Money Bond'

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Bond by Debtor and Surety for Existing Liability

This bond is executed on this…………..day of…………..at …………………. jointly by :

1. Mr. HR s/o BS r/o …………………, hereinafter called the debtor and

2. Mr. RM s/o RM r/o ………………….., hereinafter called the security.

Whereas Mr. HR has borrowed a sum of Rs………from Mr. JS s/o Mr. BS r/o ………………………. on……….with an interest on 18% per annum.

Whereas the said sum was to be refunded alongwith interest latest by …………………..

Whereas the debtor failed to return the principal amount and interest within time.

Whereas the creditor has agreed not to institute a civil suit for recovery of the said sum, provided some body stands as surety.

I. RM, above named, stand a surety and give this bond after the signature of debtor and myself and agree that the debtor shall pay the said sum in 12 monthly instalments alongwith interest at the rate of 24% per annum.

I further agree that in case of failure to pay the money by debtor in time, the whole amount shall become payable at once.

Witnesses:

1. Name………… Signature …………….

Address……….. (HR)

2. Name………… Signature…………….

Address……….. (RM)