Legislative Dictionary - B

Judicial Dictionary


Legislative Dictionary


Bond

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CategoryB
TitleBond
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"Bond" includes—

(a) any instrument whereby a person obliges himself to pay money to another, on condition that the obligation shall be void if a specified act is performed, or is not performed, as the case may be;

(b) any instrument attested by a witness and not payable to order or bearer, whereby a person obliges himself to pay money to another; and

(c) any instrument so attested whereby a person obliges himself to deliver grain or other agricultural produce to another.

[See, section 2(5), the Stamp Act, 1899 (Act No. II of 1899)].
Created OnJune 1, 2011, 12:38 PM
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