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Bond For Temporary Railway Servants Proceeding On Study Leave Under The Study Leave Rules Contained In Appendix Ix Of Indian Railway Establishment Code
Circularstaff-establishmentOpen the official Railway source
| Type | Railway Board Establishment Circular / Letter |
|---|---|
| Topic | staff-establishment |
| Directorate | Establishment |
| Official source | indianrailways.gov.in |
Summary
nor shall it be necessary for the Government to sue the obligor before suing the sureties
Text of the circular
ANNEXURE ‘B’ (See 4 (3)(a) BOND FOR TEMPORARY RAILWAY SERVANTS PROCEEDING ON STUDY LEAVE UNDER THE STUDY LEAVE RULES CONTAINED IN APPENDIX IX OF INDIAN RAILWAY ESTABLISHMENT CODE KNOW ALL MEN BY THESE PRESENTS THAT WE……………………….. resident of ……………..in the District of…………………….at present employed as………………………in the Ministry/Office of……………………(here-in-after called “the obligor”) and Shri………………………….son of…………………………of………………(here-in after called the sureties) do hereby jointly and severally bind ourselves and our respective heirs, executors and administrators to pay to the President of India (here-in-after called “ the Government”) on demand the sum of Rs…………………(Rupees…………………..)together with interest thereon from the date of demand at Government rates for the time being in force on Government loans or, if payment is made in a country other than India, the equivalent of the said amount in the currency of that country converted at the official rate of exchange between that country and India AND TOGETHER with all costs between attorney and client and all charges and expenses that shall or may have been incurred by the Government. WHEREAS the obligor is granted a study leave by the Government. AND WHEREAS for the better protection of the Government the obligator has agreed to execute this bond with such condition as hereunder is written. AND WHEREAS the said sureties have agreed to execute this bond as sureties on behalf of the above bound on…………………………NOW THE CONDITIONS OF THE ABOVE WRITTEN OBLIGATION IS THAT in the event of the obligor Shri………………….. resigning from service without returning to duty after the expiry of termination of the period of study leave or at any time within a period of three years after his return to duty the obligor and the sureties shall forthwith pay to the Government or as may be directed by the Government on demand the said sum of Rs…………………..(Rupees…………….) together with interest thereon from the date of demand at Government rates for the time being in force on Government loans. AND upon the obligor Shri………………………………………………….and, or Shri……………………..and, or Shri……………………………………………..the sureties aforesaid making such payment the above written obligation shall be void and of no effect otherwise it shall be and remain in full force and virtue. PROVIDED ALWAYS that the liability of the sureties hereunder shall not be impaired or discharged by reason of time being granted or by any forbearance act or omission of the Government or any person authoriesed by them (whether with or without the consent or knowledge of the sureties) nor shall it be necessary for the Government to sue the obligor before suing the sureties Shri………………..and Shri………………….or any of them for amounts due hereunder. The Government of India have agreed to bear the stamp duty payable on this bond. Signed and dated this…………..day of………………….one thousand nine hundred and…………. Signature of the Obligor……………………… Sureties (1)… … … … … … … … … … … … … … . (2)… … … … … … … … … … … … … . Witnesses (1)… … … … … … … … … … … … … .. (2)… … … … … … … … … … … … … .. • … … … … … … … … … … … … … … … … For and on behalf of the President of India
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