What is a 'Bond'?
A
bond generally means: A document by which, a person imposes on himself a
binding to pay to another person, on condition that such binding shall be void
if specified Act is performed or not performed as the case may be. A document
by which, a person imposes on himself a binding in the presence of witnesses,
to pay to another person, money, food grains, or agricultural income.
Comments
Post a Comment