Indemnity Bond for arrears of land revenue
Sandeep
(Querist) 02 September 2009
This query is : Resolved
Can you plese provide me a draft of Indemnity Bond in respect of arrears of Land Revenue. Elaborating further, an individual wants to avail loan from a bank on mortgage of land for which land revenue is outstanding - pending a litigation. The bank is demanding an Indemnity bond for such arrears of land revenue. Please provide me a draft of the same
Sarvesh Kumar Sharma Advocate
(Expert) 03 September 2009
sh there is no any performa of i.bond.
d bank has their performa's for i.bond in which bank mantion all condition regarding recover loan and about d troth of mortgage property.
Shashikant V. Patil
(Expert) 10 September 2009
Yes Sarvesh is right, otherwise you can get drafted the indemnity bond by any lawyer.riven