Indemnity bond

saket (Querist) 18 September 2017 This query is : Resolved
In indemnity bond for loss of share certificate,two surity needs to sign.
I had one surety who earn 15000 p.m and had .filed ITR. and no form 16.
and another having C.A firm receiving professional fees.

Can these be surety in indemnity bond

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Isaac Gabriel (Expert) 19 September 2017
You have not stated the purpose.

P. Venu (Expert) 19 September 2017
You may check up the matter with the company concerned.

Hemant Agarwal (Expert) 19 September 2017
1. "Indemnity Bond", is a self-surety & stand-alone document and does NOT require any "surety" whatsoever.

2. Must be on a 500/- stamp paper and duly notarised.

Keep Smiling .... Hemant Agarwal
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