SECURITY BOND FOR GRANT OF SUCCESSION CERTIFICATE (SECTION 375, INDIAN SUCCESSION ACT)

SECURITY BOND FOR GRANT OF SUCCESSION CERTIFICATE (SECTION 375, INDIAN SUCCESSION ACT)

SECURITY BOND FOR GRANT OF SUCCESSION CERTIFICATE (SECTION 375, INDIAN SUCCESSION ACT)

KNOW ALL MEN that we, JN, s/o Late GP r/o and Mr. NK, s/o r/o (Surety for Mr. JN) bind ourselves
jointly and severally to Shri JP, Distt. Judge, . for payment to him or his successor in office of the sum of
Rs

We have signed this bond on this day ofat .
Signature.
Administration
Signature.
Surety
Whereas the Court of the said District Judge, Mr. JP, has passed the order on the day offend has
granted the succession certificates in favour of the said Mr. JN to the estate of Late JN deceased on the
condition that said Mr. JN execute a bond with one surety of Rs..
And whereas the said Mr. JN has agreed to execute the bond for the said Rs..and the said Mr. NK has
agreed to enter into the above bond as surety for said Mr. JN.
NOW THIS BOND WITNESSES AS UNDER:
Now the condition of the above bond is as under:

1. That the said Mr. JN shall prepare an inventory of the property of the deceased within six months
   form the date of the execution of the bond.
2. That the accounts of the debtor and creditor shall also be prepared by the said Mr. JN.
3. That the said Mr. JN shall indemnify the person who may be entitled to the whole or any part of
   such debts.
4. That if the above condition is satisfied then the bond shall remain in force, otherwise the bond shall
   be void. We the above mentioned parties have signed this bond on this. day of after fully understanding
   the contents of this bond in the presence of the following witnesses.
   Witnesses:
5. Name.. Signature ..
   Address Successor
6. Name.. Signature ..
   Address Surety

Barelaw, an online platform dedicated to comprehensive delivery of legal knowledge, is proud to present its exclusive case briefs category. This section is made in such a way that it offers deep and useful analyses of landmark decisions which are seen as important resources for the legal professionals, students and anyone wishing to know about law’s complexities. Our case briefs are probing deeper into the crucial court decisions by explaining the logic behind each decision and how it has influenced law.

We recognize that understanding legal judgments can be difficult because they are quite intricate. It is due to this reason that our case briefs are designed in such a way that they give information while being easy to understand so that readers can comprehend the key principles of law involved. Each brief contains facts’ summary, an issue at bar legally, court’s reasoning and final decision arrived at. By using this method, our audience will find it easier to identify fine points of every case.

We are aware that the labyrinthine nature of legal judgments is difficult to fathom. For this reason, our briefs are both informative and understandable, thus enabling readers to grasp the fundamental legal principles involved. It contains an abstract of facts, the legal issue decided by court, the rationale behind it and finally the verdict. This systematized pattern allows our audience to understand every shade of a case.

Drop in on our case briefs and dive into law. Go to our website immediately and explore a cornucopia of legal knowledge available to you online. Below is a link for your easy access to our online library.

More drafts on law can be reached here – https://www.barelaw.in/legal-drafts/