Deed Of Indemnity

Updated at:March 2010
 
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Deed Of Indemnity

DEED OF INDEMNITY made at Mumbai this ____ day of __________ by (1)______________________, (2) ________________, (3) ____________________ and (4) __________________ of Mumbai hereinafter called "the Obligors" (which expression shall unless it be repugnant to the context or meaning thereof mean and include their heirs, executors and assigns).

IN FAVOUR OF (1) ____________(2) ________________(3) ________________ (4) ____________ (5) __________all presently residing _______________ hereinafter called "the Obligees" (which expression shall unless it be repugnant to the context or meaning thereof mean and include their respective heirs, executors, administrators and assigns);

WHEREAS one Shri _________is the monthly tenant of ________Trust and other Trusts (hereinafter called "the Owners") in respect of flat no.__ on the ____floor of the building known as "_____" situated at _________________ (hereinafter referred to as "the said flat").

AND WHEREAS Shri __________ is the husband of Obligee No.1, father of Obligee no.2, father-in-law of Obligee no.3 and grand father of Obligees no.4 & 5;

AND WHEREAS the Obligors __________AND WHEREAS the Obligees hereto being the legal heirs of Shri ____________ and in consideration Shri _______________ agreeing to the Obligors' request, the Obligors hereby declare and indemnify the Obligees as under:-

NOW THIS INDEMNITY WITNESSETH:-

  1. That the Obligors hereby indemnify and agrees to keep indemnified the Obligees against any claim or demand that may be made against the Obligees in respect of the said flat.

  2. That it shall be the Obligors responsibility at the Obligors costs and expenses to handle any litigation or any other matter in relation to the said flat and to...

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