Indemnity bond for company strike-off: director undertakes to indemnify and settle any future lawful claims arising after strike-off. Director executes an indemnity bond to support a request for company name strike-off, providing identity and address proof and an affidavit that the company is defunct or inoperative. The director undertakes to indemnify and to pay or settle all lawful claims, liabilities, and losses that may arise after the company's name is struck off, including liabilities not yet discovered, and completes execution formalities with witnesses and documentary evidence.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Indemnity bond for company strike-off: director undertakes to indemnify and settle any future lawful claims arising after strike-off.
Director executes an indemnity bond to support a request for company name strike-off, providing identity and address proof and an affidavit that the company is defunct or inoperative. The director undertakes to indemnify and to pay or settle all lawful claims, liabilities, and losses that may arise after the company's name is struck off, including liabilities not yet discovered, and completes execution formalities with witnesses and documentary evidence.
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