What is a Indemnity Bond for Duplicate Marksheet and Degree Certificate?
An Indemnity Bond for Lost Documents in India is a sworn legal undertaking on stamp paper wherein an applicant indemnifies a university, board, or municipal authority against any financial loss or legal claim if a duplicate marksheet or degree certificate is issued and the original document is later misused.
Enforceability in Indian Courts
Enforceable under Section 124 of the Indian Contract Act 1872.
Execution on Stamp Paper
Executed on Non-Judicial Stamp Paper of Rs 50 or Rs 100 as prescribed by the respective educational board.
Documents Needed to Execute This Indemnity Bond for Duplicate Marksheet and Degree Certificate
Keep the following self-attested documents ready before signing and attesting the agreement:
Essential Clauses in This Agreement Draft
Every clause is structured according to Indian statutory jurisprudence to safeguard the interests of both executing parties:
01.Affirmation of Loss
Affirms that original certificate was genuinely lost and cannot be retrieved after diligent search.
02.Indemnity and Surrender Clause
Promises to indemnify the institution against misuse and immediately surrender the original if found.
Legal FAQs on Indemnity Bond for Duplicate Marksheet and Degree Certificate
Is a police lost report required along with the indemnity bond?
Yes. Most Indian universities mandate an online police lost article report or FIR copy alongside the notarized indemnity bond.
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