Form Of Bond Under Section 106 Of The Sea Customs Act, 1878


In the document as attached above the statute having relevance is the sea customs act 1878

The section having sheer importance is section 106 of the aforesaid act and the usage of it has been confied to filling of form of bond as per scetion 106 of the act

the contents of the document goes as follows:-

KNOW ALL MEN BY THESE PRESENTS that we................of.................. (hereinafter called "the Owner" which expression shall include his heirs, executors, administrators and legal representatives) and................ of..................... (hereinafter called "the Surety" which expression shall include his heirs, executors, administrators, and legal representatives) are held and firmly bound jointly and severally unto the President of India (hereinafter called "the Government" which expression shall include his successors and assigns) in the sum of Rs.......................... of lawful money of India to be paid to the Government for which payment to be well and I truly made we the owner and the surety jointly and severally bind ourselves. Sealed with our respective seals dated the....................... day of.............. one thousand nine hundred and.................. and each of us the said owner and the said surety do hereby covenant with the Government that if any suit shall be brought

touching the subject matter of this obligation or the conditions hereunder written in any court subject to the superintendence of the High Court of Judicature at.......other than the said Court in its Original Jurisdiction the same shall and may at the instance of the Government be removed into, tried and determined by the said High Court in its extraordinary Original Jurisdiction.

And at last a note has been attached which goes as

And it is hereby declared that the liability of the surety here under shall not be impaired or discharged by reason of time being granted or by any forbearance, act or omission of the President of India or of any person authorised by him (whether with or without the consent or knowledge of the said surety) nor shall it be necessary for the President to sue or take any steps or proceedings against the said..................... before suing or taking any steps or pro-ceedings against the said surety for the amount due hereunder.

User Comments


×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.
×

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail info@soolegal.com