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Legal Format & Draft

Money Bond with a Surety: Draft & Format

Reference draft used in Indian courts — replace the blanks with your own case details.

THIS BOND is made on the ………… day of ……….. 20 …….by X son of .......... resident of …………. (hereinafter referred to as the Debtor) of the FIRST PART and Y, son of Shri ………………. resident of …………..(hereinafter referred to as the Surety) of the SECOND PART, and Z son of X ………… resident of ………..(hereinafter referred to as the creditor) of the THIRD PART. X has request ed the creditor Z to lend him a sum of Rs ……..which the creditor has agreed to do on the debtor executing this bond and the same being secured by one surety and which the debtor and surety have agreed to do.
NOW THIS BOND WITNESSES that in consideration of the creditor lending to the debtor the sum of Rs ………. (receipt whereof the debtor hereby admits), the debtor hereby covenant to pay the creditor the said sum of Rs …………… on or before …………..with interest @ thereon and this bond further witnesseth that at the request of the debtor the surety hereby jointly and severally covenant with the creditor that in the event of the debtor committing default in payment of the said amount with interest on the due date, the surety shall pay to the creditor the said amount or part thereof remaining unpaid with interest on demand by the creditor
IN WITNESS WHEREOF, we the said debtor and surety have set and subscribed our hands on the day and year first above written.

Using this format

This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

Our Criminal Law team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our criminal defence team handles bail, trial and pre-trial applications in Kolkata courts.

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Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.

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