Indemnity Bond For Title Transfer

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INDEMNITY BOND

1. This Deed of Indemnity executed on this the


Day of
by
Sri/Smt.
(Name). S/o,D/o,W/o
Residing at house No.
, here after called the indemnifier
(which term shall mean and include Executers, administrators, heirs, successor
and assignees) to in favour of the Andhra Pradesh Central Power Distribution
Company Limited, hereinafter called the APCPDCL (Which term means shall
mean and include its successors in office and assigner.
2. Whereas the indemnifier has requested APCPDCL to change a service
connection bearing No.
i n his/her name subject to execution of an
indemnity bond by him indemnifying the APCPDCL against any damage or loss
caused to the APCPDCL in respect of the service connection in his name
3. The indemnifier undertakes the responsibilities in connection with the
correctness of documents submitted for the purpose of transfer of service which
is running in the name of ______________ to his/her favour.
4. The indemnifier further undertakes to make good any sum that may be found
to be done payable to the APCPDCL with regard to all liabilities and claimers
personally as well as by means of both movable and immovable properties and
the APCPDCL shall be at liberty to disconnect the service connection which is
changed in his name.
5. The indemnifier further undertakes the responsibility for all purposes and any
legal obligations and liabilities which may arise due to transfer of service in
his/her favour and the transferring authority is at liberty to cancel the above said
transfer executed in his/her favour and may be continued in the previous title
without any further transaction.
6
Now the conditions of the above written Bond is such that if the indemnifier
shall duly and faithfully observe and perform the above said conditions, then the
above written bond shall be void, other wise the same shall remain in full force.
7 In witness where of Sri/Smt.
. The indemnifier has signed
this deed on the day, month and year wherein before first mentioned.
SIGNED AND DELIVERED BY
In the presence of:
Witnesses (Name and address)

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