Model Format of Indemnity for Loss of Allotment Letter

Model Format of Indemnity for Loss of Allotment Letter

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Model Format of Indemnity for Loss of Allotment Letter
Model Format of Indemnity for Loss of Allotment Letter

To M/s. XYZ and Company Ltd ……….

Sir

I have paid a sum of rupees …….. towards the price of …….. shares out of the recent issue of shares made by you and you have allotted to me …….. shares by your letter of Allotment No ……… dated . ……. received by me.

You have now requested me to return the said letter of allotment in exchange of the share certificate for the said shares.

I have informed you that the said letter o ]’allotment is lost or misplaced and by your letter dated …….. you have agreed to issue the Share Certificate in respect of the said …….. shares against my indemnifying you for any loss your may suffer or incur on account of any claim made against you by any body else on the strength of the said allotment letter….

Legal Agreements

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