SECURITY BOND MORTGAGING PROPERTY GIVEN OR ORDER BEING MADE TO STAY EXECUTION OF DECREE

SECURITY BOND MORTGAGING PROPERTY GIVEN OR ORDER BEING MADE TO STAY EXECUTION OF DECREE

SECURITY BOND MORTGAGING PROPERTY GIVEN OR ORDER BEING MADE TO STAY EXECUTION OF DECREE

This security bond on stay of execution of decree executed by
WITNESSETH:

That ..,the plaintiff in suit no..of 2000, having sued the defendant, in this court and decree having been
passed on the. day of, 2000 in favour of the plaintiff, and the defendant having preferred an appeal from
the said decree in the..court, the said appeal is still pending;

Now the plaintiff-decree holder having applied to execute the decree the defendant has made an
application praying for stay to execution and has been called upon to furnish security. Accordingly, I, (of
my own freewill) stand security to the extent of Rs. mortgaging the properties specified in the Schedule
hereunto annexed, and covenant that if the decree of the first court be confirmed or varies by the
Appellate Court the said defendant shall duly act in accordance with the decree of the Appellate Court
and shall pay whatever may be payable by him there under, and if he should fail therein then any amount

so payable shall be realized from the properties hereby mortgaged, and if the proceeds of the sale of the
said properties are insufficient to pay the amount due, I and my legal representatives will be personally
liable to pay the balance. To this effect I execute this security bond this .day of., 2000.

SCHEDULE

Witnesses by- (Signed)

1..s/o.of
2.s/o..of..

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/