BOND

KNOW ALL BY THESE PRESENTS that WE, ………………………………………………………the……………………….(designation) of the………………., a Society registered under the Societies Registration Act, 1860 (21 of 1860) and having their office in the National Capital Territory of Delhi at …………………….(hereinafter called the obligors) are held and family bound to the President of India through the Secretary, Social Welfare/Women and Child Development, Government of National Capital Territory of Delhi (hereinafter called “the Government”, which expression shall, unless excluded by or pungent to the context, be deemed to include his a successors and assigns) in the sum of Rs………….(Rupees………………)only, well and truly to be paid to the President on deemed and without a demur for which payment we firmly bind ourselves and our successors and assigns by these presents.

Signed this……………………..day of……………….., the year Two thousand……………..

Whereas, on the obligors request, the Government has as per Director of Social Welfare/Women and Child Development, Government of National Capital Territory of Delhi Order No……….dated……. (hereinafter referred to as the “Letter of sanction”) which forms an integral part of these presents and a copy where of its annexed here to as annexure-A to this Bond, agreed to make in favor of the obligors grant of…………… (Rupees……………..) only out of which Rs……………………. (Rupees…………….) have been received by the obligors on condition of the obligors executing bond in the terms and manner contained hereinafter and which the obligors have agreed to do so.

Now, the condition of the above written obligation is such that if the obligation duly fulfill and comply with all the conditions mentioned in the letter of sanction, the above written bond or obligation shall be void and of no effect. But otherwise it shall remain in full force and virtue.

The Government agrees to bear the stamp duly payable on these presents.

In witness whereof these presents have been signed under the day herein above mentioned on behalf on the obligors pursuant to the resolution dated…………………..Passed by the Governing body of the Obligors.