ankit (engineer) 26 January 2017

Confirmation for surety in indemnity bond

Dear All,

I have to join Punjab National Bank as Manager IT, and as per the joining formalities they have asked for Indemnity bond with surety( I have attached the format).

I just have a question , Can i include my Father's name as surety in Bond.

Thanks in advance,

Ankit

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4 Replies

Kumar Doab (FIN) 26 January 2017

There seems to be NO restriction or bar on anyone to sign as surety as per attachment.

It is your sweet will to sign the Indemnity Bond and agree to its T&C.

(Guest)

Surety may be anyone of your choice subject to the willingness of the person, whom you want to quote as a surety to indemnify.

(Guest)

No workable advice by Mr. Dooba, as, "

There seems to be NO restriction or bar on anyone to sign as surety as per attachment. It is your sweet will to sign the Indemnity Bond and agree to its T&C.

Even otherwise also, his advice can make a person perplexed like sinking in some river, as DOAB IS KNOWN AS A LAND BETWEEN TWO RIVERS, denoting his fake ID.

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Law Aspire (Legal) 30 January 2017

U have to refer to the employment policies of the Bank concerned