Breaking News

Bond to be given by Receiver.(O.40, R.3.) format

 Bond to be given by Receiver.(O.40, R.3.)


(Title)


KNOW all men by these presents, that we, .................and .............and.................., are jointly and severally bound to of the Court of in RS.................. to be paid to the said........................ or his successor in office for the time being. For which payment to be made we bind ourselves, and each of us, in the whole, our and each of our heirs, executors and administrators, jointly and severally, by these


Dated this ...........day of ........2021.............


Whereas a plaint has been filed in this Court by .................against................ for the purpose of [here insert the object of suit];


And whereas the said has been appointed, by order of the above-mentioned Court, to receive the rents and profits of the immovable property and to get in the outstanding movable property of in the said plaint named:


Now the Condition of this obligation is such, that if the above bounder shall duly account for all and every the sum and sums, of money which he shall so receive in account of the rents and profits of the immovable property, and in respect of the movable property of the said at such periods as the said Court shall appoint and shall duly pay the balances which shall from time to time be certified to be due from him as the said Court hath directed or shall hereafter direct, then this obligation shall be void, otherwise it shall remain in full force.


Signed and delivered by the above-bounder in the presence of................


Note-- If deposit of money is made, the memorandum thereof should follow the terms of the condition of the bond.

No comments