SURETY BOND[see regulation 8]

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................................. are held and firmly bound to the President of India in the sum of Rs. 5,00,000/- (Rupees Five Lakh) only for payment whereof we hereby bind ourselves and each of us binds himself and each of our heirs, executors and administrators firmly by these presents dated this day................................... of ................................... in the year two thousand ....

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.......................... their executors, or administrators some or one of them do, and shall at all time make good to the President of India all and every sums of money which being due to the Government shall by reason of the misfeasance or negligence of the said ............................ (A) .................................. have not been paid to the President of India then the above written b....