Government company indemnity bonds (Form STK-3A) must be executed by an authorised ministry representative of Under Secretary rank or equivalent. The rules insert a proviso to require that the indemnity bond in Form STK-3A, for one or more directors appointed or nominated by the Central or State Government in any government company or its subsidiaries, shall be given by an authorised representative not below the rank of Under Secretary or equivalent in the administrative Ministry or Department of the Government on behalf of the company.