BOND BY DEBTOR AND HIS SURETY

BOND BY DEBTOR AND HIS SURETY

BOND BY DEBTOR AND HIS SURETY

<h2>BOND BY DEBTOR AND HIS SURETY</h2>

This bond is executed on this ..day of ..at … jointly by :
1. Mr. KN s/o PK r/o .., hereinafter called the security.
WHEREAS Mr. CP s/o Mr. IB r/o has advanced , sum of Rs. 1,00,000.00 to Mr. KN, above named.
Now we the said KN and KB jointly and severally bind ourselves to pay the said sum to Mr. CP on
demand alongwith interest at the rate of 18% per annum.

Witnesses:

1. Name.. Signature.

Address.. (KN)

2. Name. Signature .

Address ( KB)


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We understand that navigating the complexities of legal judgments can be challenging. That’s why our case briefs are designed to be both informative and accessible, ensuring that readers gain a clear understanding of the key legal principles involved. Each brief includes a summary of the facts, the legal issue at hand, the court’s reasoning, and the ultimate decision. This structured approach makes it easier for our audience to grasp the nuances of each case.

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