For as long as the document is valid.
I can try to answer with respect to the legal status of stamp duty indemnity bond in India.Firstly, an indemnity bond, anyway, will have to be attested. In other words, there cannot be a valid indemnity bond without being attested.Secondly, indemnity bond is an instrument which is on the state list of the Indian Constitution, meaning, it is governed by State Statutes. The Bombay Stamp Act, which provides for Stamp Duty in the State of Maharashtra, levies (a straight/ uniform) stamp duty of Rs. 200/- on an indemnity bond executed in Maharashtra.Thus, stamp duty chargeable on an indemnity bond will notchange if it is attested by a witness, rather it has to be compulsorily attested.
there is no time frame or a bank draft, it is valid for as long as you have it.
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contact of insurance is an example of indemnity contracts
Dumbbell Indemnity was created on 1998-03-01.
Indemnity always goes to the credit side.
form_title=Professional Indemnity Insurance form_header=If your company gives advice or provides services at a professional level then you need professional indemnity insurance. Protect your company today. What is your profession?=_ How long have you been in business?=_ Does your company give out professional advice?= () Yes () No Has your company ever been a party to a lawsuit?= () Yes () No
Most insurance contracts are indemnity contracts. Indemnity contracts apply to insurances where the loss suffered can be measured in terms of money.
As a result of Bob's indemnity to the bank, he was left with only six dollars.
The principle of indemnity is one of the most important rules in insurance. The principle of subrogation and indemnity protects someone from multiple claims.
It is valid for one month.