Section 47(6) in The Orissa Forest Contract Rules, 1966
(6)Security deposit - The forest contractor hereby binds himself to perform all acts and duties required and to abstain by himself and his servants and agents from performing any act forbidden by or under the Indian Forest Act, 1972/Madras Forest Act, 1882 by the Forest Contract Rules and by the agreement and to pledge as security for the due performance and observance by, him of the terms of this agreement the sum of Rs...... deposited in favour of the Divisional Forest Officer...... Division.
