Indemnity Bond in Case of Lost Receipts
Indemnity Bond in Case of Lost Receipts
Indemnity Bond in Case of Lost Receipts
THIS INDEMINITY BOND is executed at __________ on this _______ day of _______ 2023 by:
1. …………………………………………………………………………………………………………………….
………………………………………………. aged about ______ years.
2. ………………………………………………………………………………………………………………….
………………………………………………. aged about ______ years.
Hereinafter collectively referred to as “the Executant(s)” which expression shall mean and include
their respective legal heirs, representatives, administrators, executors, and assigns, of the one part
IN FAVOUR OF
Jaiprakash Associates Limited, a company incorporated under the Companies Act, 1956 and having
its Registered Office at Sector-128, Noida-201304, Uttar Pradesh hereinafter referred to as “the
Company”, which expression shall mean and include its officials, management, successors,
nominees and assigns, of the other part.
B. AND WHEREAS the Executant(s) have been provisionally allotted a residential Plot/
Apartment bearing unit No …………………………….. in JAYPEE GREENS KOSMOS project,
admeasuring area (approx) ……………. Sq Mtrs; (approx ………… Sq Ft/Sq. yards) situated at
Jaypee Greens, Noida/Greater Noida/ Sports City, U.P (hereinafter referred to as “the Unit”)
vide Provisional Allotment Letter No ……………………….. Dated ……………………….. (the
Allotment, with …………………………… as the First Allottee and ………………………… as the
Joint/Second Allottee;
C. AND WHEREAS the Executants(s) have lost/ misplaced the original documents issued by
the Company in respect of the said Allotment (hereinafter referred to as “the
documents”)- details of which have been given in SCHEDULE ‘A’ written hereunder;
D. AND WHEREAS the Executant(s) confirm and declare that they are well aware that all or
any of the aforesaid documents is/are vital document(s) in relation to the allotment of the
Unit and simultaneously with the reporting of the loss/misplacement thereof, by me/us to
the Company the original documents would suo moto deemed to be cancelled/rescinded,
non est/null and void in law and therefore become non usable for any purpose in relation to
the documents, the Executant(s) undertake to surrender the same to the Company without
any delay.
F. AND WHEREAS the Executant(s) confirm and acknowledge that except to the extent
stated above, they have not created any encumbrance, mortgage, charge or lien in respect
of the said provisional allotment or submitted any request to the Company, for recording
the assignment of their rights therein in favour of any third party. (Delete if not applicable ;)
NOW, THEREFORE, upon the Company agreeing to process the said request of the executants
without insisting on receiving back the said original documents , the Executant(s) jointly and
severally indemnify and keep the company, its directors officials, employees and successors,
indemnified and harmless against any injury, action taken, loss or damage including litigation costs
and expenses, that the Company may suffer or likely to suffer, in relation to the said documents
referred to in the SCHEDULE ‘A’ hereunder, or any misuse of the Original copies of the said
documents.
SCHEDULE ‘A’
IN WITNESS WHEREOF, the Parties hereto have signed this Indemnity bond on the day, month and
year first hereinabove written, in the presence of;
WITNESSES:
1. ________________________________ ___________________________________
______________________________________
2.____________________________________ ______________________________________
______________________________________