Container Indemnity Bond – Shipment wise

To,

RCL AGENCIES EAST INDIA PRIVATE LIMITED

40, RAJAJI SALAI,

FIRST FLOOR, PO BOX 1880

CHENNAI – 600 001

DEAR SIR,

VESSEL / VOY : ATHENS BRIDGE / 136W

CONSIGNEE : HYUNDAI ENGINEERING PLASTICS INDIA PVT LTD

CHA : ALWAR SHIPPING SERVICES

BL NO & DATE : LCHCB22030329 & 04.10.2022

IGM NO & DATE : 2324117 & 11.10.2022

LINE NO : 177

CNTR NO : CAIU9759936, TXGU6722478, TXGU7083577, TXGU7333932/4x40’

DESTUFFING PLACE:NO.137, VAYALUR VILLAGE , THIRUVALLUR DISTRICT,

602105.

CFS : KATTUPALLI PORT

In consideration of your permitting us to remove the above mentioned container with above details, to
enable us to conveniently de-stuff i.e Empty the same and receive the cargo therein contained, we do
hereby expressly agree and undertake and accept :

The container and cargo has been taken delivery by us in good order and sound condition with seals
intact. We hereby agree and undertake to return the same in sound condition at the plot nominated by you.
In the event of any discrepancy or the notice of damage subsequent to taking delivery of the said
container/s , We shall not hold you liable or responsible for the same.

1. We agree and undertake to return the empty container/s within DO valid date and agree to pay a
compensation of a sum of Rs.2,500/- for each day inclusive of the date of return in the event of
non- return within the said DO valid date. The count of DO valid date begins that 0600Hrs from
the date of removal of the container /s in any event. We hereby agree and undertake to return the
container/sat the nominated plot within 30 days from the date of delivery . We undertake to pay a
compensation for the said containers and non –use as per clause 9 stated infra .. here-in. The said
compensation is agreed to be paid in addition to other charges, costs and liability undertaken.

2. undertake and guarantee that the container/s covered under the subject Bills of Lading will not be
destuffed or given delivery without the Line Delivery Order and upon payment of all charges by
the Forwarder / CHA / NVOCC / Consignee to the respective Line or their Agents.

3. agree that in the event where Goods are registered for Customs Examination, the Goods can be
examined / inspected by the Customs Officer without the insistence of the Delivery Order.
However, this does not constitute that the shipment has been released, until the production of
Delivery Order and the same being verified.

4. agree that in event that our nominated vendor made delivery or release cargoes to a wrong party,
not authorized by the shipping line, we shall hold harmless and waive all claims / damages
against you, your servants and agents.

5. In event of any cargo loss / damages / shortages / missing due to seal discrepancy howsoever
arising after trucking out CY, we shall hold harmless and waive all claims against you for any
and all losses, liabilities, costs, expenses or damages arising as a result of or in connection with
the seal discrepancy.

6. We hereby undertake to pay the crane charges and the incidental charges incurred for the
unloading the empty containers at your plot.

7. We undertake and indemnify you against all loss or damage from time of removal of container/s
and all liabilities will be at our risk and expenses. We hereby indemnify and hold you harmless
against all claims of whatever nature, that may be made upon you in this regard either by reasons
of and/or in connection with, where directly or indirectly involved for such removal of the
container/s and for the cargo until safe return of the empty container/s to you.
 8. We hereby undertake and agree that the container/s will not be removed from the truck /trailer at
any point of time whilst it is in our custody and the said container /s will not be used for any
illegal and unlawful purpose which would be violative of any laws under force . We state that the
said import is a legal import and the said container/s does not contain any contraband or
smuggled goods.
We take absolute responsibility over the containers whilst in our custody and all handling,
loading , unloading including transportation commencing from entrustment of the container till
re-delivery as agreed herein shall be ours solely.

9. We undertake to arrange for the customs clearance of the cargo and indemnify you and hold you
harmless in respect of all obligations and /or duty and /or penalty in this regard inclusive of all
obligations and liabilities under sections 116 & 117 of the Customs Act and any and all other
related provisions that may be levied upon you and /or for which you may be called upon to
either show cause or for alleged violation of any of the provisions of the Customs Act in respect
of the goods in the said container/s by the customs authorities.

10. We hereby indemnify and undertake that we shall not hold you responsible in respect of the said
cargo and the container from the date of such delivery in our hands until the date of return and
guarantee that we take absolute liability in respect of all violations of law and answerable to the
other statutory bodies inclusive of Port Trust, Revenue authorities , RBI , Etc.,

We hereby agree and undertake to indemnify you against all claims , costs, charges, expenses
and / or any liability whatsoever from any person/s in the event of any injury and/or death caused
to any person /s and /or damage caused to the property and accident to any person/s arising out of
the use, operation or possession of the container/s by us or our agents or our servants and / or
representatives, whilst in our custody. We agree that the container/s are in our custody and
control until the expiry of 24Hrs from the time we give written intimation of the return of the
container/s at your nominated plot, until physical handover of the same with your
acknowledgement.

11. In the event of any disfigurement /damage to the container /s subsequent to the date of delivery in
our hands shall be our absolute liability and we shall forthwith settle the estimate bill issued by
you on the basis of the said disfigurement and damage, without any delay or protest immediately.
In the event of any delay in payment, we agree to pay interest at the rate of 24% p.a. on the said
estimate. We also undertake to pay you all the costs and expenses incurred in this regard.

12. We hereby indemnify you to a minimum sum of Rs.3,00,000/ - towards 20 ft.Container and
Rs.6,00,000/- towards 40 ft Container Plus Customs Duty, Taxes, Costs and expenses that may
be incurred on the said container. If the same is not returned within the time specified in the said
agreement. We also undertake to make the payment of the value of the Container as demanded by
you without any further delay.

13. We agree that any demand made by you in excess of the value as stated supra. Is calculated based
on the life and utility of the containers so provided by you and is not restricted to the value stated
above, which is agreed to be compensated by us on demand.

WITNESSES YOURS FAITHFULLY

1. NAME _______________

2. NAME_______________