Supreme Court Forms Form Of Bank Guarantee

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THE GAZETTE OF INDIA : EXTRAORDINARY                         [PART II—SEC. 3(i)] 

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NO. 27 
Form of Bank Guarantee  

In the matter of : ________________________ 
Civil Appeal /Petition/C.M.P. _________________________ (here give the number of Cause/matter/appeal). 

In the matter of : ____________________. 
_____________________________ (Give the name of the parties). 

And 

     Whereas __________________________ (Here give the name of the party obtaining the order) ________________________above-named has filed 
an Appeal in the Supreme Court against the Judgment and  decree/order of the __________________________________ (here describe the 
Court and the number of the cause) ________________________  
      And whereas on a motion made for the purpose on the ______________ (here give the date) the Supreme Court of India has in 
the aforesaid proceedings been pleased to order inter alia as follows : 
        (Here quote the relevant terms of the order ). 
         And  whereas  (here  give  the  name  of  the  party  concerned  )____________________.  the  respondent  (or  appellant,  as  the  case 
may be )___________________________ has requested us ____________________.. (here give the name of the Bank) having its registered office at 
____________________ (here give the registered address of the place of business of the Bank) to guarantee the due payment of the 
said  sum  of  Rs____________________..  (here  give  the  amount)  by  the  said  ____________________  (here  give  the  name  of  the  Party)  in  the 
event of the Supreme Court allowing / modifying / dismissing the said appeal and setting aside the decree or such other 
lesser  amount  as  the  Court  may  order.  We____________________________  (here  give  the  name  of  the  Bank)  are  hereby  held  firmly 
bound  unto  the  Supreme  Court  of  India  through  the  Registrar  of  the  said  Court  for  the  payment  to  it  or  to  the 
____________________. (here give the name of the party concerned) ___________on demand and without demur of the said sum _______________ 
(here give the amount) or such other lesser amount as may be ordered by the Supreme Court and require to be paid or 
refunded by the __________________ (here give the name of the party concerned, to the ___________________ (here give the name of the 
party  to  whom  the  amount  is  to  be  paid)  as  a  result  of  the  final  disposal  of  the  said  ____________________..  (here  indicate  the 
appeal, cause or matter) and the  guarantee herein contained shall not be affected by any change in the constitution of the 
Bank and it is HEREBY agreed by and between the parties that this guarantee shall remain in full force and virtue till the 
disposal of the _______________ (here give the number of the case, appeal, cause or matter) to which the aforesaid order of the 
Court relates and until an order of the Supreme Court is made discharging this guarantee. 
     IN WITNESS WHEREOF we the _________________________(here give the name of the Bank) has executed this. 
       This the ______________ day of __________________ 20______ 

                                                                 Signed                                               

For the ____________________. 

 (here give the name 
of the Agent of the Bank) 

Witness :___________________________ 

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