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INDEMNITY BONDPROFORMA OF INDEMNITY BOND FOR SUPPLY OF MATERIALS BY OWNER (To be executed on nonjudicial stamped paper of appropriate value)WHEREAS Central UP Gas Limited. (hereinafter referred to
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Get a copy of the undertaking cum indemnity bond form from the concerned authority or website.
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Read the form carefully to understand the terms and conditions.
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Fill in your personal details such as name, address, contact information, etc.
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Enter the details of the activity or transaction for which the bond is required.
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Sign the form in the presence of a witness as required.
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Submit the completed form along with any required documents or fees to the relevant authority.

Who needs undertaking cum indemnity bond?

01
Individuals or organizations who are required to provide a guarantee or assurance for a particular activity or transaction may need an undertaking cum indemnity bond.
02
Common examples include contractors, suppliers, financial institutions, and government agencies.
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Undertaking cum indemnity bond is a legal document that combines an undertaking by one party to the contract and an indemnity by another party to the contract.
The party specified in the contract as requiring the bond is typically required to file the undertaking cum indemnity bond.
The undertaking cum indemnity bond must be filled out with all required information including names and signatures of the parties involved, the amount of the bond, and the terms and conditions of the bond.
The purpose of undertaking cum indemnity bond is to provide financial security to one party in case the other party fails to meet their obligations under the contract.
The undertaking cum indemnity bond must report the names of the parties involved, the amount of the bond, the effective date of the bond, the terms and conditions of the bond, and any other relevant information.
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