FORM TT XLVIII
Form of Indemnity Bond
(See Rule 108)

       KNOW ALL MEN BY THESE PRESENTS that we ............................................................................ son of ....................................................................................................... ...resident of ......................... ................................................................................................................. ......(hereinafter called "the Obliger" which expression shall unless excluded by or repugnant to the context include his / her heirs, executors, administrators and legal representatives) and
(1) .................................................. son of ....................................................... ...Resident of .... ... .... .. . . . .... .................................................................................................................................................... and
(2) ................................................. son of ........................................................ Resident of ...... .... .... ............................................................................................................................................................ sureties on behalf of the obliger (hereinafter called "the sureties" which expression shall unless excluded by or repugnant to the context include their heirs, executors, administrators and legal representatives) bind ourselves jointly and severally to pay to the Govemor of U.P. (hereinafter called "The Govt." which expression shall unless excluded by or repugnant to the context include his successors in office and assigns) on demand and without demur the sum of Rs....................................(Rupees................................. ..................................only) for which payment will and truely to be made we bind ourselves firmly by these presents.

Signed this.........................................day of................................... Two thousand ......................... corresponding to Saka Samvat the............................................day of ............ ..... ..... ... ... ...

      Whereas rule 108 of the Uttar Pradesh Trade Tax Rules, 1948 as amended from time to time requires that if at any time after the refund is granted to the purchaser the assessing authority is satisfied that the refund was not due or, as the case may be, such amount became not refundable due to any judicial pronouncement, change of law or for any other reason, such purchaser shall on demand deposit the amount refunded to him / her or any part thereof, as may not have been found refundable to him / her, with the Government.

      AND WHEREAS the obliger herein as a purchaser who has obtained the refund.

       NOW THE CONDITION of the above written bond or obligation is such that the obliger and / or the sureties shall in the event of the amount becoming not refundable (in respect of which the decision of the Government or the authority appointed by it for the purpose shall be final and binding on the obliger and the sureties) pay to the Govemment on demand and without demur the said sum of Rs............................. (Rupees.........................................................................................................only (in words).

      AND THESE PRESENTS ALSO WITNESS that the liability of obliger and the sureties hereinafter shall not be impaired or discharged by reason of any for-bearance act or omission of the Government or for any time being granted or indulgence shown by the Government or by reason of any change in the constitution of the obliger (in cases where the obliger is not an individual).

      AND it is hereby agreed and declared that without prejudice to any other remedy the Government may on a certificate of the...................................................................... ... .................which shall be final, conclusive and binding on the obliger and the sureties recover all dues hereunder from the obliger and / or the sureties jointly or severally as arrears of land revenue.

      IN WITNESS WHEREOF the obliger and the sureties have hereunto set their respective hands have caused these presents to be executed by his / her / their authorised representatives, on the date, month and year above written.

Signed by the above named obliger in presence of -

(1)............................................................................

(2)...........................................................................

 
(Name and full address of the witness)  
Signed by the above named surities in presence of -
(1) ........................................................................ (1) ...........................................................................
(2) ....................................................................... (2) ...........................................................................
(Name and full address of witness)

Accepted for and on behalf of the Governor of Uttar Pradesh by.................................................................... .........................................(name and designation of the Officer duly authorised in pursuance of Article 299(1) of the Constitution, to accept the bond for and on behalf of the Governor of Uttar Pradesh).

In presence of -

(1)..........................................................................

(2) ........................................................................

 

Signature
Name and designation of the Officer

(Name with full address)