Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 348 views

    Bank Agriment

    Uploaded by

    Suresh Mamilla
    1) This agreement appoints P. Penchalaiah as the jewel appraiser for the Kadapa DCC Bank Pullampet Branch. 2) As appraiser, Penchalaiah will value gold jewelry and bullion pledged to the bank and be responsible for any losses due to incorrect appraisals. 3) B. Lathamma acts as surety and will reimburse the bank for any losses caused by Penchalaiah's misconduct or improper performance of appraisal duties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Bank Agriment

    Uploaded by

    Suresh Mamilla
    348 views2 pages
    1) This agreement appoints P. Penchalaiah as the jewel appraiser for the Kadapa DCC Bank Pullampet Branch. 2) As appraiser, Penchalaiah will value gold jewelry and bullion pledged to the bank and be responsible for any losses due to incorrect appraisals. 3) B. Lathamma acts as surety and will reimburse the bank for any losses caused by Penchalaiah's misconduct or improper performance of appraisal duties.

    Original Description:

    DCC And Agreiment for Gold Checking Man

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1) This agreement appoints P. Penchalaiah as the jewel appraiser for the Kadapa DCC Bank Pullampet Branch. 2) As appraiser, Penchalaiah will value gold jewelry and bullion pledged to the bank and be responsible for any losses due to incorrect appraisals. 3) B. Lathamma acts as surety and will reimburse the bank for any losses caused by Penchalaiah's misconduct or improper performance of appraisal duties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    348 views2 pages

    Bank Agriment

    Uploaded by

    Suresh Mamilla
    1) This agreement appoints P. Penchalaiah as the jewel appraiser for the Kadapa DCC Bank Pullampet Branch. 2) As appraiser, Penchalaiah will value gold jewelry and bullion pledged to the bank and be responsible for any losses due to incorrect appraisals. 3) B. Lathamma acts as surety and will reimburse the bank for any losses caused by Penchalaiah's misconduct or improper performance of appraisal duties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    (Agreement to be obtained from Jewel Appraiser and Surety on Stamp paper of

    requisite value & Nature)

    This agreement made this day the 24th day of August, 2016 between the
    Kadapa district Co-operative Central Bank Limited here in after referred to as
    the Bank and Sri P.Penchalaiah S/o P.Narasimhulu here in after referred to as
    the Appraiser of the Kadapa DCC Bank Pullampet Branch second part and
    B.Lathamma W/o Pedda Pullaiah, Kothapet, Pullampet, Kadapa aged 50 years,
    herein after called Surety of the other part is as follows:
    Whereas the Bank has agreed to appoint the party of the second part as
    Appraiser at the Kadapa DCCB (Pullampet) of the Bank for the purpose of
    appraising the gold bullion and jeweler whom the terms and conditions here in
    after mentioned. It is hereby agreed between the Bank and the appraiser as
    follows:-
    1) The appraiser shall value in terms of the correct qualities, quantity and
    current international rate as also the market rate, all gold ornaments,
    jewellery and bullion, which may be pledged to the Bank and which will
    be sent to him for appraised by the Bank and the shall be bound by the
    value fixed by him and shall be responsible for any loss which may bank
    suffer on account of any wrong appraisal by him.
    2) The Bank shall pay to the appraiser at 0.30 paise per hundred on the
    amount advanced for which the jewels are pledged and sent to him for
    appraisal or valued by him.
    3) It is herby agreed that if loss is accrued by the Bank on account of the
    conduct of the appraiser of improper performance, he shall be liable to
    make good such loss to the Bank and the Bank would also be at liberty to
    recover such amount by proceeding against the appraiser personally or on
    the assets belonging to the appraiser.
    4) Sri B.Lathamma shall be the surety for Sri P.Penchalaiah the jewel
    appraiser and he has subscribed his signature to this agreement in such
    capacity. He shall be liable as principal debtor to reimburse from his own
    funds/property and personally liable also on any such loss which might be
    occasioned to the Bank by the losses, lapse or misconduct of the
    appraiser.
    5) In witness whereof the parties hereto have set their bonds in the presence
    of witnesses who have attested this document.

    WITNESSES :-

    1.

    Appraiser

    Surety

    You might also like