INDEMNITY BOND FOR THE PURPOSE TO CLAIM DEATH-CUM-RETIREMENT GRATUITY MONEY FROM THE CONCERNED AUTHORITIES OF RAILWAY DEPARTMENT

INDEMNITY BOND FOR THE PURPOSE TO CLAIM DEATH-CUM-RETIREMENT GRATUITY MONEY FROM THE CONCERNED AUTHORITIES OF RAILWAY DEPARTMENT

Known to all men by these presents that I __________________________son/wife/daughter of _____________________residence of __________________________________(Address with pin code, P.S, P.O and District) and guardian of the minor children of _____________________ deceased.

 

Namely  (1) ________________________ (2) _______________________ hereinafter called the Principal obligor and  I ________________________ S/D/W of __________________ residence of ______________________________ (Address with pin code, P.S, P.O and District) and I _____________________ S/D/W of _______________________ residence of ______________________________________ (Address with pin code, P.S, P.O and District), (hereinafter called the sureties) are hell bound to the president of India (acting through the North East Frontier Railway Administration, which expression shall unless excluded) by the or repugnant to the Railway Administration in the sum of Rs ______________ only to be paid by the Railway instruction for which payment will truly be made ourselves our heirs, executors administrators and legal representatives jointly and such of us binds himself, severally, firmly by these presents.

 

Sealed without scale ___________ this __________ day of ___________ month _______ year.

 

2) Whereas ___________ designation ___________________ an employee of the Northern Frontier railway diea on__________________ and a sum of Rs._____________ is sanction by the said Railway administration as Death-cum-Retirement Gratuity for the serving members of his family as defend in the Pension Rules for his minor children mentioned above is due to him as his death-cum-retire gratuity.

 

            3)       And whereas the said principal children claim to be one of heirs/to be the sold heirs of the said late                                        ________________________________.

 

           4)       There as the said minors acting through the said principal obliged claim to be one heirs of the said late                                   _________________________.

 

          5)       Whereas the Railway Administrator agreed to pay the sum of Rs. _______________ only to                                                   _________________________________ towards a claim for the payment of Death-cum-Retirement Gratuity                         claimed for the payment of Death-cum-Retirement Gratuity by the Principal obligor or his own behalf and on                          behalf of the aforesaid minor of the deceased in respect of D.C.R.G. for the period of the quite on                                            ________________ by the deceased the principal and the sureties execution bond to indemnity the Railway                          Administration against all claims in respect of such payment condition.

 

        6)       Now the condition of the above written bond or obligation is such that if after payment of the said sum of                                Rs.__________________ to above bounder principals aforesaid and claims to be made by any other persons                        against the Railway Administration in respect of such D.C.R.G of other money payable in respect thereof. The                        above bounder principal and the sureties to shall forthwith refund to the Railway administration the said sum of                      Rs. __________________ on or otherwise indemnity bond keep indemnified the Railway Administration against                    persons claiming through and against all losses, damages, costs, charges, and expenses and proceedings and                      claims and demand whatsoever to which the Railway Administration or be or they is or are or shall or any                              become subject or liable or the made against or any of them by or on behalf of any person whatsoever from an                      account of the payment to the above bounder principal and the principals and the sureties shall also refund to                        the Railway Administration any sum that may be found to have been over and when the necessary Vouchers,                        Papers and documents have been duly.

 

7)       Provided always that the liability of the sureties of them hereunder shall not be impaired or discharge by reason of time being granted or for any forbearance act or omission of the Railway Administration where her with or without consent of  knowledge of the sureties nor shall it is necessary for the Railway Administration to sue the principal party before Suring the sureties or either of them for the amount due hereunder.

 

IN WITNESS WHERE THE SAID _________________ AND _____________ have put their signature below.

 

Witnesses ___________________________   Signature _________________________

                                                                                                 (Principal Party)

 

 

Address _____________________________ Date _____________________________

 

 

Witnesses ___________________________   Signature _________________________

                                                                                                 (Surety Name)

 

 

Witnesses ___________________________   Signature _________________________

                                                                                                 (Surety No. 2)

 

 

ACCEPTED:

           Designation for the and on behalf of the president of India

 

 

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