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Bond By Debtor And His Surety

· One min read
Priyansh Khodiyar
Vaquill co-founder
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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)
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