Indemnity for lost tax declaration requires immediate payment on demand and property security for misuse losses. The obligor must furnish an indemnity bond on loss of statutory declarations (Form C, F, E-I, E-II) binding itself to pay the Government on demand and without demur for any loss from misuse of the lost form, to indemnify and keep the Government harmless, and to secure the liability by mortgaging or charging specified property when required by the assessing authority; the Government's decision on loss is final and the bond remains effective despite forbearance or changes in the obligor's constitution.
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 for lost tax declaration requires immediate payment on demand and property security for misuse losses.
The obligor must furnish an indemnity bond on loss of statutory declarations (Form C, F, E-I, E-II) binding itself to pay the Government on demand and without demur for any loss from misuse of the lost form, to indemnify and keep the Government harmless, and to secure the liability by mortgaging or charging specified property when required by the assessing authority; the Government's decision on loss is final and the bond remains effective despite forbearance or changes in the obligor's constitution.
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