Application Form Page 3

ADVERTISEMENT

:3:
On Rs. 100/- Stamp Paper (Duly notarized)
INDEMNITY BOND
This Indemnity Bond is executed on this _____________day of ___________ 2011 by
Sh/Smt _______________________________ S/o/W/o/D/o___________________________
R/o___________________________________________________________________________ in
favour of DSIIDC Ltd. N-36, Bombay Life Building Connaught Circus New Delhi
.
WHEREAS, in records of the DSIIDC, the industrial land bearing Plot no. ________
Pocket______ Sector______ situated in _____________ Industrial area of DSIIDC and measuring
______ sq.mt. stands in the name of M/s/Sh./Smt.________________________________________
by virtue of lease deed registered as document no. _______________ entered in Addl Book No.
_____________ Volume no. ________ at pages ________ to ________ on ___________________
with
the
Sub
Registrar
vide
allotment
letter
no.
_______________________
dated
_______________ . The said industrial plot was allotted under the scheme of relocation of
industries.
AND WHEREAS the original Allottee Sh./Smt./M/s. ____________________________ has
sold his/her above mentioned plot to me/us vide documents such as GPA/SPA/Will/Agreement to
Sell etc. and DSIIDC has launched a scheme of transfer of these industrial plots in the name of the
outsiders.
AND WHEREAS I /We have applied for transfer of the said plot in my/our name on the
basis of the above mentioned documents and DSIIDC has proposed to transfer the said plot in
my/our name in place of the original Allottee mentioned above subject to completion of certain
formalities under the said scheme of transfer and approval of the lessor i.e. Hon’ble LG, Delhi on
case to case basis and on payment of outstanding dues and UEI charges as applicable.
AND WHEREAS DSIIDC has proposed to do so on our/my first executing bond to
indemnify the lessor against any losses/damages which it may sustain by reason of any claims which
may arise due to the said transfer of the said plot and any other reasons including misrepresentation /
concealment of any material facts.
AND WHEREAS in consideration to the aforesaid agreement, the Executant(s)
________________________ r/o ____________________________ and his/her heirs,
successors, executors and administrators jointly and severally undertake to keep lessor harmless
and indemnified against all claims whatsoever against the aforesaid plot of land or in respect
thereof together with all interests, losses, damages, penalty, action and demand and cost of all
kind whatsoever arising out of this transfer.
IN
WITNESS
WHEREOF
I/WE
__________________________
S/O
Sh___________________________ R/o
________________________signed and delivered this
Bond on this _________________ day of __________________20_________
WITNESS
EXECUTANT/TRANSFEREE
1
2
...xxx…

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Legal
Go
Page of 3