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Bank Guarantee

Document Cited in Related
Vincent
Updated atMarch 2010

Reference No................ of

Suit No........... of 2000

In the Court of.......................

................ Plaintiff

versus

............. Defendant

Bank Guarantee of...........

Know all men by these presents that I/we................... son of.................... by occupation................... residing at No.................Mumbai (hereinafter called the defendant and Bank of.......... a body corporated and constituted incorporated under the Banking Companies (Acquisition and Transfer of Undertakings) Act of 1970 and carrying on banking business amongst other places at................ and having its registered office............... outside the jurisdiction of this court (hereinafter called the bank) are jointly and severally held and firmly bounded unto Sri.............. the District Judge/Registrar of the.......... Court at................ his successor or successors-in-office and assigns in the sum of Rs.................. (Rupees................) only of good and lawful money of the Union of India to be paid to the said Sri............. (hereinafter called the District Judge/Registrar) his successor or successors-in-office and assigns as the case may be for which payment well and truly to be made I/we the.............. and we the Bank for ourselves and our respective successors and assigns do hereby jointly and severally bind and oblige ourselves and each and every one of us and them for the whole of the said amount unto the District Judge/Registrar, his successor or successors-in-office and assigns firmly by these presents. We the bank do hereby covenant with the District Judge/Registrar his successor or successors-in-office and assigns that under the Memorandum and Articles of Association we are authorised to stand as guarantor and to execute the necessary bond therefore, and I/we the........... and the bank and our respective successors and assigns do hereby further covenant with the District Judge/Registrar, his successor or successors-in-office and assigns that we shall from time to time and at all times hereafter during the continuance of this security at our or their own costs and expenses execute in favour of the District Judge/Registrar his successor or successors-in-office and assigns such further and other assurance as may be required for the purpose of more fully and effectually securing the due payment of the said sum of Rs............... (Rupees................) only secured by this bond in accordance with the true...

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