Dinesh Divekar
Business Mentor, Consultant And Trainer

Dear All, I am a subcontractor and in need of an Indemnity Bond to be submitted to my principle employer stating that after the closure of my contract we assure you that will submit all statutory compliance and also take the responsibility of any dues which comes in the future related to my contract or contractual worker working under me

From India
Dear Hemesh Rawal,
You are asking the draft of the letter that is fine, however, please confirm the type of contract that you had. Was it a work contract or a service contract or a contract to provide the labours? Why was the contract closed? Was it because of the completion of the project or the project is on but the contract period of your contract has expired and the principal employer does not wish to renew it? Did the principal employer issue you the PO before the execution of the contract?
Drafting the letter requires complete information. Hence the above queries.
Dinesh Divekar

From India, Bangalore
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