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SECURITY BOND TO BE GIVEN ON ORDER BEING MADE OR STAY EXECUTION OF DECREE
SECURITY BOND TO BE GIVEN ON ORDER BEING MADE OR STAY EXECUTION OF DECREE
SECURITY BOND TO BE GIVEN ON ORDER BEING MADE OR STAY EXECUTION
OF DECREE
(Under Order 41, Rule 5, Code of Civil Procedure)
(Form No. 2, Appendix G, CPC)
In the Court of ………
Suit No . ……..of……..
A Plaintiff degree holder
versus
B Defendant
Judgment Debtor
This security bond on stay of decree executed by ………
WITNESSETH:
THAT the plaintiff in suit No . ……..of 20……..having served . ……..the defendant in
this court and a decree having been passed on the ……..day of ……..20…….. in
favour of the plaintiff, and the defendant having preferred an appeal from the said decree
in the court, occured 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 of execution, and as has been called upon to
furnish security. Accordingly, I of my own free will stand surety to the extent of
Rs…………….mortgaging the properties specified in the Schedule hereto annexed, and
covenant that if the decree of the First Court be confirmed or varied by the appellate
court, the said defendant shall duly act in accordance with the decree of the appellate
court and shall pay what ever may be payable by him there under and if he should fail
therein,
then any amount so payable shall be realised 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 20
WITNESSES Schedule
1 .
- Signed
