Indemnity Bond For Electricity

INDEMNITY BOND

This Deed of Indemnity Bond executed on this ___ day of ________ at __________ by and between:

__________ S/o D/o W/o ________ Aged about ____ years Occupation ________ R/o H.No. ____________________

(Hereinafter called the INDEMNIFIER which term shall mean and include his/her executors, administrators, heirs, successors and assigns etc., of the ONE PART)

___CPDCL A BODY CORPORATE CONSTITUTED UNDER THE ELECTRICITY (SUPPLY ACT, 1948) HAVING ITS OFFICE AT _________________________________________

(Hereinafter called the BOARD which term shall mean and include its executors, administrators, heirs, successors and assigns etc., of the OTHER PART.

Whereas the consumer has taken on lease or his/her otherwise lawfully occupying the premises without a lease in H.No. ____________ in the land pro romboke in Sy. No. ______ owned by ___CPDCL for the purpose of DOMESTIC and has applied for a service connection in the above premises in my name.

Whereas the indemnifiers has requested the Board to give a service connection in his/her name subject to execution or any indemnity bond by him/her indemnifying the Board against any damage or loss caused to the board in respect of the service connection in his/her name.

And whereas in consideration of the acceptance of the above for service connection in his/her name Indemnify the Board against all proceeding claims, demands costs damages expenses which the Board may incur by reasons or a fresh connection given to the Indemnifier.

The Indemnifier further undertakes that the Board shall be at liberty to disconnect the service connection given to him/her and also or loading the dues remaining unpaid by him/her to other service connections that may stand in him/her name.

The Indemnifier further undertakes to make good and sum that may be found to be and become payable to the Board with regard to all liabilities and claims personally as well as by means of both movable and immovable properties, the Indemnifier agrees that the current consumption deposit by shall be adjusted against the arrears of current consumptions charges but also against any claims that may rise in the event of termination of the agreement prior to the expiry of the contracted period.

In view of the nature of occupation as mentioned in class-3 above the executant hereby agrees and indemnifiers the Board shall never claim to possess legal right as owner of the premises on the ground on that the Board supplied energy to the premises.

That now condition of the above written bond is made that if the indemnifier shall duly and faithfully observe and performs the above said conditions then the above written bond be void or otherwise the same shall remain in full force.

In written whereas _________ H.No.___________ Indemnifier has signed this Deed on the day, month and year herein first mentioned.

WITNESSES:

                                                             

1.                                            

                                                                     SIGNATURE

2.