Employees State Insurance Corporation Medical College, Bangalore

Bond value: Rs.100/- e-stamp/bond 1stParty: Student Name 2nd Party: The Dean, ESIC Medical College, Indore. ANNEXURE 6A FORMAT OF BOND (FOR UG MEDICAL / DENTAL STUDENTS in ESIC Colleges) (To be executed on Stamp Paper of value as applicable under Stamp Duty Act. Duly Notarized) (herein-aft (Residential and (2) Shri / Smt. here by bind ourselves and each of us & our respective heirs, executors & administrators jointly interest @ 12% towards failure to fulfill the obligation / for violation of the condition here-inafter mentioned. The bounden and sureties shall have the option to (i) furnish Bank Guarantee** amounting to Rs 5,00,000 (Rupees Five lakh only) 1 month before completion of internship, for a period of 14 months in favour of the Dean of the ESIC Institution in lieu of the amount, and original documents of the student would be retained by the Corporation pending the submission of Bank Guarantee; OR (ii) not furnish Bank Guarantee, as above, when original documents would be retained by ESIC till Bond conditions are met with, i.e. completion of service under bond or payment in lieu. The total obligation amount would not exceed Rs. 05 lakh at any stage. Signed this ................ Day of ............... in the year ................ by the bounden (Mr./Mrs./Ms.) Signature In the presence of witness*: 1. Signature (Name & Address with official seal) 1. Signature of BOUNDEN (Name & Address**, Photo ID No.) 2. Signature (Name & Address) 2. Signature of SURETY / SURETIES (Name & Address**, Photo ID No.) **The provision of Bank Guarantee is subject to final outcome in various Writ Petitions pending in the Hon ...................................................... (here enter the name of the course of study) on the basis of merit Central / State / Stake Holder in ESIC Medical Education Institution (Name of the AND WHEREAS the Corporation have agreed to incur the expenses on condition that after successful completion of the course of study the bounden shall serve any o