PROFORl\IA FOR !

JANK G UA RANTEE TOWA RDS SECURrTY DEPOS IT

(To be execu ted on n on -ju d i ci a l stam p paper worth Rs. 250/- and reven u e stam p
wort h Rs. 1 /- mav be a ffixed on Ba n k G u a ra n tee)
To.
CE (S& P) CSPDCL, RA I PU R
Ba n k G u n rn n tcc No. .................. dtd . ............
I n considerat ion of t he C.S. Power Dist ri but i on Com pan y Ltd . (A
Su ccessor Com pa n y of Ch h a tt isgarh State E l ect ri c i ty Board - h erei na fter
referred to as (.._DI CO'") h av i n g agreed t o accept t h i s ban k gu arantee i n l i eu of
cash d eposi t by way o f secu ri t y for d ue and fa i t h fu l performance
req u i red from Mis
f ..·....························...........
b· rk ··; h erei n a ft er referred t o as cont ractors, th e
h er:e.by a_g r ·; ·;,;; ·l;; ·,j;· rd ·,; ; ji·t·i r ·l·l y ;;· ; ·. ii'1 i;,·48.·h ·l; .
·,.d ·d··i
wnt r ng f rom t he C.S. Power Dist ri b u t i on Com pany Ltd . or any Officer au thorized
by i t i1.1 t h is behal f of any am ou nt u p t o and not exceed i ng R s. .. ............. .. . . . .
........... . .. ·· (111 \VOrd s) . . ................ . .... . ... ..... ....... . ....... . . . . . . ........ . . . .
... . ....... .... . . . . . on l y
t o t he sa i d C.S. Power Dist ri but ion Com pany Ltd . (A Su ccessor Com pany of
CSEB) on behal f of t he aforesaid Mis ...... .................................... . ........
who h ave t endered and contracted for t he supp l y of material s eq u ipm en ts or serv
i ces to t he sa i d
C.S. Power Di st ri but ion Com pa ny Ltd . aga i n st Order No . ........................·
···········.......... Dtd ............................ for t he order va l ue of Rs. ..... .... . . .......
The benefici ary of t h i s Ban k G u aran tee sha ll be Ch hatt i sgarh State
Power Dist ri but i on Company Ltd . (A Su ccessor Com pany of CSEB).The
proceeds/encash men t of t hi s Bank Guarantee shall go i n t he name of Ch hatt isgarh
State Power Distri but ion Com pany Ltd , Rai pu r ( A Su ccessor com pa n y of Ch hatt i
sgarh State Electri ci ty Board , )
The agreement shou l d be va l id and bi nd i ng on t h i s ban k u pto and i ncl ud i ng
...... ... ... .. ... or for su ch furt her period as may hereu nd er be m ut u a l l y fixed from
ti me to tim e i n wri ti ng by t he C.S. Power Dist ri but ion Com pany Ltd . and t he cont
ractors and shall not be term i nabl e by n ot ice or any change i n t he con st i t u t i on of t
h e aforesaid ban k or the firm of Contractors or by any ot her reason s whatsoever and t h
e ba n ker's l i abi l i ty hereu nd er shall not be i m paired or d ischarged by any
extensi on of t i me or vari at ion or a l terat i on made, g i ven conceded or agreed to with
or wi t hout t he Ban ks k nowl edge or consent by or between t he C.S. Power Di st ri but
ion Compan y Ltd . and t he contractors i n t he exist i ng and/ or fu rt her tend ers and I
or cont racts.
It i s agreed to by t h e Ban k wi th t he DISCOM t hat i f for any reason a d i
spute arises concern i ng t he Ban k 's l i abi l ity to pay t he requ i si te amou nt to t he DI
SCOM u nd er t he t erm s of t h i s guarantee t he com petent cou rt at Raipu r
al one sha ll have the
juri sd ict ion to determ i ne t he said d i sput e and t hat t h i s shall be without prejud i ce
to t he l i abi l ity of the Ban k u nd er th e term s of th i s guarantee bei n g u neq u
ivocal and u n cond it ional as ment i on ed above.
The I iabi Ii ty u nd er th i s guarantee i s restricted to Rs. ....... .......... .... . ............
(i n \VOrd s) ... ... . .............·························..·················.. .... . .... .......on l y
. Th i s guarantee shall remai n i n force u nt i l . ... . .................. u n less a dem and to
en force a cl a im u nd er the guarantee is made u nd er t h i s Ban k Guarantee by th e DI
SCOM to t he Ban k wi t h i n si x mon th s i .e. u pto ...... . . ............ from t h at date t h i s
rights of t he C.S. Power Distr i bu t ion Company Ltd . u nd er t h i s guaran tee sha ll
be forfeited and the Ban k shal l be rel ieved and d i scharged from a ll l i abi l i ty t here u
nd er.
W ITN ESSES: I. ..............................(Signat u
 re)
. . .... ....... . . ...............(Narn e)
........ ... .......... ...... ... (Official Add
ress)
2 . .. . ... . ... ..... . .... . . ........(Signat u re)
. .. ...........................(N ame)
A ut hori sed Signatory Ban k
... ... . ..... ...... .. ... . ......(Signatu re)
······. .............. . ..... ...(Name)
······························
(Designat ion wi t h Stamp A ttorney
as per Power of Attorney No.