(for issue of duplicate FDR in lieu of original FDR misplaced / lost – Institution deposit)
INDEMNITY BOND
Whereas the Deposit Certificate No. , dated for
Rs. issued by the Tamil Nadu Power Finance and Infrastructure Development
Corporation Limited, Madras – 35 in favour of (Name of the Institution) has been lost and whereas the Tamil Nadu Power Finance and Infrastructure Development Corporation Ltd. request for an indemnity for renewal / refund of Rs. being the matured proceeds of deposit amount of (Name of the institution)
.
We, , S/o residing at
And , S/o. residing at on behalf of (Name of the Institution) an agreement to indemnify in favour of Tamil Nadu Power Finance and Infrastructure Development Corporation Ltd. and in accordance therewith.
The Bond is executed on by Mr. S/o and Mr.
S/o. in favour of Tamil Nadu Power Finance and Infrastructure Development
Corporation Ltd. for the following:
“Whereas, we, S/o. and
S/o. , the holder of the Deposit
Certificate
No. for Rs. do hereby promise to compensate and indemnify any loss or damage which may arise in the normal course of business by renewal / refund of such certificate for
Rs. plus interest as applicable and payment made on maturity of such renewed / refunded deposit, by the said Corporation to the holder of the original Deposit Certificate in good faith.”
Signature of the authorized signatories along with seal.
Witness with address:
1.
2.
Attested by Notary Public