Indemnity Bond Clause Clarification
Summary
The user is seeking guidance on an indemnity bond involving Mahanadi Coalfields Limited (MCL). They need help understanding specific clauses or addressing disputes within the bond. The conversation includes questions about the details of the bond and the specific issues the user needs assistance with.Full Conversation
THIS INDEMNITY executed this .day of , in favour of Mahanadi
Coalfields Limited, a Govt. of India Enterprise having its registered office at P.O. Jagruti Vihar, MCL Complex, Burla, Sambalpur, Odisha– *, hereinafter referred to as ‘MCL/Indemnified’ which expression unless excluded by or repugnant to the context shall mean and include its successors, assigns of the ONE PART; By M/S , a sole Proprietorship Firm/Partnership Firm/Company registered under the Companies Act,* having its Registered Office at hereinafter referred to as the ‘Indemnifier’ which expression unless excluded by or repugnant to the context shall mean and include his/their/its heirs, representatives, administrators, assigns of the OTHER PART.
It looks like you're dealing with an indemnity bond with Mahanadi Coalfields Limited (MCL). Could you clarify what specific guidance or assistance you need? For example, are you looking for help in drafting, understanding specific clauses, or addressing a dispute?
create a question with regards to the companies mentioned in the above para
Could you please specify the particular aspect or clause of the indemnity bond with Mahanadi Coalfields Limited (MCL) that you need guidance on?
create a question using the above facts
Sure, here's a question based on the provided facts:
What specific issue or clause within the indemnity bond with Mahanadi Coalfields Limited (MCL) do you need assistance with?