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FORM NO.6 SURETY BOND (vide Rule 5) KNOW ALL MEN BY THESE PRESENTS THAT I, Son/ daughter /wife of resident of, in the District of at present employed as a permanent in the (hereinafter called the

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What is form no6 surety bond?

Form no6 surety bond is a legal document that serves as a guarantee for the fulfillment of a contractual obligation or performance of a duty by a third party, known as the surety.

Who is required to file form no6 surety bond?

Form no6 surety bond is typically required to be filed by individuals or businesses who are entering into a contract or agreement that requires the assurance of financial security or performance.

How to fill out form no6 surety bond?

To fill out form no6 surety bond, you will need to provide information such as the name and contact details of the surety, the name of the principal (the individual or business being bonded), the contract or agreement details, the amount of the bond, and any additional terms or conditions.

What is the purpose of form no6 surety bond?

The purpose of form no6 surety bond is to protect the obligee (the party who is owed the contractual obligation) from financial loss in the event that the principal fails to fulfill their duties. It provides a level of assurance and a source of compensation for the obligee in case of non-performance or breach of contract.

What information must be reported on form no6 surety bond?

Form no6 surety bond typically requires information such as the names and contact details of the principal and surety, the contract or agreement details, the bond amount, and any specific terms or conditions related to the bond. However, the exact requirements may vary depending on the jurisdiction and the specific type of bond being filed.

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