Affidavit & indemnity bond
Dipen
(Querist) 02 March 2013
This query is : Resolved
What is the purpose for affidavit & indemnity bond.....
prabhakar singh
(Expert) 02 March 2013
What is the purpose behind this query?
To know all you need to tell facts you have.
R.K Nanda
(Expert) 02 March 2013
state real facts.
Arvind Singh Chauhan
(Expert) 02 March 2013
Affidavit may be of multipurpose.
Indemnity bond is of specific purpose as to indemnify any authority if loss is caused to such authority in future.
Both requires different stamp value.
Shashikant V. Patil
(Expert) 02 March 2013
In Affidavit, facts of any things are deposed on a oath to whom it is produced or submitted. In Idemnity bond, you have to indemnify to the other party about in case , any loss or damage if occurred or resulted by you.