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a format of the Indemnity Bond cum Affidavit - Cgglobal.com

a format of the Indemnity Bond cum Affidavit - Cgglobal.com

a format of the Indemnity Bond cum Affidavit - Cgglobal.com

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(vi) This <strong>Indemnity</strong> is in addition to and not in derogation <strong>of</strong> any o<strong>the</strong>r <strong>Indemnity</strong>/Guarantee and/orSecurity which <strong>the</strong> Indemnifiers may have executed in favor <strong>of</strong> <strong>the</strong> <strong>Indemnity</strong> Holders or which<strong>Indemnity</strong> Holders may at any time hold.(vii) that this <strong>Indemnity</strong> <strong>cum</strong> <strong>Affidavit</strong> shall ensure upon and also be enforceable jointly and severallyagainst all <strong>the</strong> Indemnifiers and all <strong>the</strong>ir respective legal heirs, representatives, successors andassigns, for all times in future.(8) In consideration <strong>of</strong> <strong>the</strong> Company transferring <strong>the</strong> abovementioned shares as requested at Clause (5)<strong>the</strong> Indemnifiers hereby declare and agree that in <strong>the</strong> event <strong>of</strong> <strong>the</strong>ir failure to <strong>com</strong>pensate <strong>the</strong><strong>Indemnity</strong> Holders as per Clause (7) above, <strong>the</strong> Company can have a lien in general on allshares/debentures or o<strong>the</strong>r securities which <strong>the</strong> Indemnifiers may be holding presently or in <strong>the</strong>future and also <strong>the</strong> dividend. interest declared or payable on <strong>the</strong> shares/debentures or o<strong>the</strong>rsecurities.VERIFICATIONWe, <strong>the</strong> Indemnifiers abovenamed, do hereby verify that <strong>the</strong> statements mentioned in <strong>the</strong> aboveparagraphs are true to <strong>the</strong> best <strong>of</strong> our knowledge and belief and that nothing material has been concealed.Verified at ................................. on this ..............day <strong>of</strong> .............20IN WITNESS WHEREOF <strong>the</strong> Indemnifiers have hereunto set and subscribed <strong>the</strong>ir hands to this do<strong>cum</strong>ent<strong>the</strong> day and year hereinabove mentioned.Heir 1Heir 2Heir 3Surety No 1Surety No 2Witness for Heir 1Witness for Heir 2Witness for Heir 3Witness for SuretyNo 1Witness for SuretyNo 2Name 6 Address Signature Phone No Email Id BankDetails 7: BEFORE ME(Signature & Stamp <strong>of</strong>Notary Public)6 Please take care that sureties and witness are not <strong>the</strong> same individuals. Fur<strong>the</strong>r sureties should be inaddition to <strong>the</strong> heirs7 Name <strong>of</strong> Bank, Branch and Account No. to be filled in

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