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Specimen of Indemnity Bond and Affidavit

 

INDEMNITY
(on non-judicial stamp paper worth Rs.100/-)

THIS DEED OF INDEMNITY is executed at_________________ this_______________
day of ___________200____ by Shri/Smt./Kumari/M/s___________________________
s/o/w/o/d/o Shri_________________________________________aged______________
resident of_______________________________________________________________
(hereinafter called the new assessee), which expression shall always include his heirs, executors, administrators and assigns in favour of the Municipal Corporation of Delhi (hereinafter called ‘the Corporation’), which expression shall include its heirs, executors, administrators and assigns.

WHEREAS Shri/Smt./Km.M/s_______________________________________________
is the recorded owner of property bearing Municipal No.__________________________
And has been the person primarily liable for making payment of property taxes leviable under the DMC Act to the Corporation.

AND WHEREAS the said Shri/Smt/Km._______________________________________
had died on_____________________________/has transferred the said property bearing
No.___________________________________________________ vide Registered Deed No.___________________________dated____________________ by way of sale/ perpetual lease/gift-dded/mortgage with possession/exchange of immovable property and the same New Assessee became the owner of the said property wholly/partly to the extent of ______________share therein distinctly shown in the plan submitted along with the application for mutation/sub-division.

AND WHEREAS the New Assessee has now moved an application under Section 128 of the Delhi Municipal Corporation Act, 1957 (as amended in 2003), read with the Bye-laws made there -under for mutation/sub-division of the property referred to above, in respect of the portion of which he/she is now the owner.

AND WHEREAS pending final disposal of and decision on the aforesaid application, the Corporation has provisionally agreed to mutate/sub-divide the said premises in favour of the New Assessee for the purpose of levy/collection of property taxes (only) under the Delhi Municipal Corporation Act, 1957, on the following terms & conditions:

1. That the New Assessee shall provide to the Corporation all the relevant documents and information on the basis of which the said mutation/sub-division is claimed.

2. That the New Assessee shall also furnish a site plan of the premises distinctly showing the respective portion therein of which the New Assessee claims mutation/sub-division.
3. That the New Assessee also agrees to the revision/re-assessment of the portion of the premises of which he/she is seeking mutation/sub-division provided that the same is otherwise warranted under the Act and the Bye-laws framed there -under.

4. That the New Assessee also agrees that in case by allowing sub-division of the premises under reference if the rate -able value or any portion thereof is reduced to Rs.1000/- per annum below, the same shall be reckoned with and reasonably enhanced so as to bring the same out of the exemption limits;

5. That the New Assessee agrees to make the payment of arrears of property taxes on the existing rateable values or the rateable values that may be fixed in the pending 126 proposals or the proposals to be issued hereinafter or the demand arising on the taking of any pending increase action or due to mistake in the calculation of taxes. The New Assessee also agrees that he/she shall not agitate or object to the disposal of 126 proceedings (since repealed) already initiated against the previous owners; and

6. That the New Assessee undertakes to indemnify the Corporation against all costs, damages, losses, claims etc. which the Corporation may have to suffer, undergo or pay as a result of mutation/sub-division of the property in the name of the New Assessee.

NOW, THEREFORE, THESE PRESENT WITNESSTH:

That in pursuance of conditions hereinbefore mentioned, which the New Assessee has accepted without any condition or reservation, the New Assessee hereby agrees to indemnify and keep harmless the said Corporation against all damages, losses, claims, costs etc. which the Corporation may have to suffer, undergo, incur or pay as a result of mutation/sub-division of property bearing No.___________________________________
As per plan attached with the application for mutation.

IN WITNESS WHEREOF the New Assessee, as aforesaid, has set and subscribed his hand on these presents, on the day, month and year first above written.



(Shri/Smt.)
New Assessee

Seal of Municipal Corporation of Delhi
Signed and delivered by the within named
The New Assessee in the presence of:

____________________________________ (witness)

____________________________________ (witness)
 
Real Estate Transfer, Mutation, MCD

Affidavit No objection, MCD

 
     

 

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