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FORM 57 See rule 75(4) INDEMNITY BOND KNOW ALL MEN BY THESE PRESENTS I S/o. registered dealer under the Madhya Pradesh Vat Act, 2002 under the TIN (hereinafter called the Obliged) is/are held and
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What is tut contract and indemnity?
A tut contract and indemnity is a legal agreement that outlines the responsibilities and liabilities of the parties involved, ensuring that one party indemnifies the other against any potential losses or damages.
Who is required to file tut contract and indemnity?
Typically, individuals or businesses entering into a contractual agreement where indemnification is necessary are required to file a tut contract and indemnity.
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To fill out a tut contract and indemnity, parties must provide their names, addresses, describe the scope of the agreement, outline the indemnity provisions, and sign the document.
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The purpose of a tut contract and indemnity is to protect one party from financial loss that may arise due to the actions or negligence of the other party.
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Information that must be reported includes the identities of the parties, the nature of the contract, terms of indemnity, limits of liability, and relevant dates of the agreement.
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