Security Bond to be given on Order being made to Stay Execution of
Decree.(O.41, R.5.)

(Title)

To

THIS
security bond on stay of execution of decree executed
by……………..witnesseth:–

That,
…………..the plaintiff in Suit No. ……….. of: 19, having sued, the
defendant, in this Court and a decree having been passed on the ………..day
of …………19……… in favour of the plaintiff, and the defendant having
preferred an appeal from the said decree in the Court, the said appeal is still
pending.

Now
the plaintiff decree-holder having applied to execute the decree, the defendant
has made an application praying for stay o execution and has been called upon
to furnish security. Accordingly I, of my own free will, stand security to the
extent of Rs. mortgaging the properties specified in the schedule hereunto
annexed and covenant that if the decree of the first Court be confirmed or
varied by the Appellate Court the said defendant shall duly act in accordance
with the decree of the Appellate Court and shall pay whatever may be payable by
him there under, and if he should fail therein then any amount so payable shall
be realized from the properties hereby mortgaged, and if the proceeds of the
sale of the said properties are insufficient to pay the amount due, I and my
legal representatives will be personally liable to pay the balance. To this
effect I execute this security bond this …….day of………19……..,

Schedule

Witnessed
by

1.

2.

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