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Q.

How to Get Indemnity Bond for Duplicate Share Certificate of Housing Society?

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The indemnity bond for issue of duplicate share certificate is a legal document required when applying for a duplicate share certificate in a housing society in India. This bond ensures the applicant indemnifies the housing society against any claims or disputes arising because of the issuance of the duplicate certificate. To get an indemnity bond, you must file an FIR.

Steps to Get Indemnity Bond for Duplicate Share Certificate of Housing Society

Here's how you can get an indemnity bond:

  1. File a First Information Report (FIR) or a police complaint about the lost share certificate.

  2. The indemnification bond should specify you are seeking a duplicate share certificate. Do mention the reason like the original has been misplaced. It must contain a statement promising to hold the housing society harmless from any financial or legal obligations brought on by the duplicate certificate's issuing.

  3. The bond must be printed on non-judicial stamp paper (value depends on state laws). Sign the bond in the presence of a notary public.

  4. Attach the following documents:

  5. Police complaint or FIR copy

  6. Identity proof (Aadhaar, PAN, etc.)

  7. Proof of address

  8. Application of a duplicate share certificate addressed to the housing society

  9. Submit the notarized indemnity bond and documents to the housing society. The society may require a publication of a notice in a local newspaper to prevent disputes. 

This is how to get indemnity bond for issue of duplicate share certificate.

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