Can indemnity bond be challenged

Ninu Kapoor (Querist) 04 May 2010 This query is : Resolved
Dear Experts,

Need your advice.

Can we challenge the indemnity bond in the court given by us to someone which is only noterise and not registered?
As i have given one indemnity bond to my uncle to avoid a certain situation.
Now i want court to decide what is right and what is wrong.

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prakash vathore (Expert) 04 May 2010
if u admit that u have given that indemnity how can u challenge? not registering is just the irregularity and not the illegality.

ESTHERPRIYA (Expert) 04 May 2010
yes i agree with Mr. Prakash. Indemnity meaning itself convey the whole thing

Ninu Kapoor (Querist) 04 May 2010
Dear Experts,

I agree that indemnity bond has signed and given by me but that was given to avoid certain situation. I was under pressure to sign it.

But let say if that indemnity bond is not registered and i take the help of court and file the legal case on my uncle than what will be court reaction. Will court stand on that indemnity bond or the will void it???

nishad (Expert) 04 May 2010
Yes my friend Indemnity will be valid and can be enforced as against you unless and untill u have a strong case in favour of you..what you mean by Indemnity not registered..its not required to do so...

Parveen Kr. Aggarwal (Expert) 04 May 2010
No law makes the registration of an indemnity bond compulsory. So even if it is not registered, it will not affect its enforceability.

You are estopped from challenging the validity of a document executed by you.

Manish Singh (Expert) 06 May 2010
why the provisions of indemnity bond can not be challenged in the court of law?
if there is any dispute over the provisions and applicability, it can certainly be challenged.

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