(Section 21 of the Provincial Insolvency Act)

KNOW ALL MEN that we, KC, r/o ., and Mr. KC , s/o Mr. DS, r/o .. (Surety for Mr. KC) bind ourselves jointly and severally to the Insolvency Court of Shri RS, Judge for payment of Rs
Signature
Debtor
Signature..
Surety
Whereas Mr. KC has been ordered by the said Insolvency Court to give reasonable security for appearance before the Court until further orders are passed on the insolvency petition filed by him (or, his creditor)
And whereas said Mr. KC has agreed to be surety of the said Mr. KC.
NOW THE CONDITION OF THIS BOND IS AS UNDER:- The condition of the above obligation is that if said Mr. KC appears before the Court when he is called by the Court, the above written bond shall be otherwise it shall remain in full force.
We the above noted parties have signed this bond on thisday ofat Varanasi after fully understanding the contents of this bond, in the presence of the following witnesses.
1. Name. Signature
Address.. Debtor

2. Name. Signature..
Address. Surety

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.

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.

Security Bond by Debtor: Format & Sample

Using this format

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