Bond By Debtor And His Surety
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Bond by Debtor and his Surety
This bond is executed on this ______day of ______at _______ jointly by :
1. Mr. KN s/o PK r/o __________, hereinafter called the security.
Whereas Mr. CP s/o Mr. IB r/o _________ has advanced , sum of Rs. 1,00,000.00 to Mr. KN, above named.
Now we the said KN and KB jointly and severally bind ourselves to pay the said sum to Mr. CP on demand along with interest at the rate of 18% per annum.
Witnesses:
1. Name________ Signature______
Address________ (KN)
2. Name________ Signature _______
Address______ (KB)