Drafts 2 on 07012021 Compress
Drafts 2 on 07012021 Compress
2021
DPC (2044)
II. CONVEYANCE
INDEX
SL.No. Particulars Page No. Marks
1. Affidavit 83
2. Demand Notice 86
3. Rental Agreement 90
4. Indemnity Bond 96
5. Letter of undertaking 99
6. General Power of Attorney 101
7. Gift Deed 109
8. Special Power of Attorney 116
9. Agreement of Sale 119
10. Sale Deed 127
11. Partnership Deed 134
12. Release Deed 143
13. Partition Deed 149
14. Memorandum of understanding 155
15. Will 160
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1. AFFIDAVIT
AFFIDAVIT
Smt. A. P. Gayathri approached an advocate stating that, she wanted to sale
her immoveable property bearing old No.258, New BBMP PID No.59/1-1-
1/12/2, Situated at Kanakapura Road, presently known as S. Kariyappa
Road, 7th Block, Jayanagara, Bangalore-70 and the purchaser of the is in
requirement of family tree affidavit. Hence require help and assistance of
advocate in swearing affidavit.
Question: Place yourself as an Advocate and draft the Affidavit for the
same.
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AFFIDAVIT
1) I state that, I am the Daughter of Smt. D.P. Saroja and Late. Sri A.N.
Prabhushamappa.
2) I state that, out of wed clock with Mr. J.D.A. Subramanyam, we have got a
Son and Daughter and Geological Tree of my family is as fallows.
3) I state that, Except the above persons there are no legal heirs to me.
What is stated above are true and correct to the best of my knowledge information
and belief.
Identified by me DEPONENT
Advocate
Place: Bangalore
Date:
No.of correction
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SWORN TO
BEFORE ME
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2. DEMAND NOTICE
DEMAND NOTICE
The Advocate being the panel advocate for the bank, got an requirement
from the banker for sending demand notice to its customer, as the customer
has not repaid the loan amount along with interest to the bank after obtaining
the loan from the bank. The Letter to an advocate was enclosed with details
of amount, details of customer and statement of loan account of the said
customer.
Question: Place yourself as an Advocate and draft the demand Notice for
the same.
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To:- Dt.
Mrs. N. Susheela,
Proprietorix
M/s. N.S. Borewell,
W/o. A Nataraj,
26th Cross, Karesandra ,
BSK II Stage, Bangalore – 70.
Mr. A. Nataraj,
S/o. Armugam,
26th Cross, Karesandra ,
BSK II Stage, Bangalore – 70.
Sir/ Madam,
Under instructions from my client, the Chief Executive Officer, The National Co-
operative Bank Limited, Gandhibaazar, Bangalore, I hereby issue this notice for you
which is as follows:
2. You are well aware of fact that, first of you being a member of my client Bank
made an application for Over Draft (OD) facility to the limit of Rs. 5,00,000/-
dated 27.01.2010 and on your application the Bank has resolved and sanctioned
said OD facility which was renewed upto Rs. 5,00,000/- for improvement of your
business on the security of house property No. 76, New No. 45/1, Karesandra
Village, II Cross, BSK II Stage, Bangalore – 70, as a continuing security though it
was given as security for other loans and the said OD facility was operative for
the period of 12 months and for the said facility, it was resolved to charge interest
at the rate of 14%p.a. and also Mr. A. Nataraj should be a Co-obligant. The said
resolution was passed on 30.01.2010 and accordingly on 03.02.2010 the same was
intimated to you under Sanction Letter which was acknowledged by First of you
and Mr. A. Nataraj, thereby agreeing for the terms and condition put forth in the
sanction letter and after receipt of the said sanction letter, First of you as
Proprietorix and Second of you as Co-obligant signed On Demand Promissory
Note and Take Delivery of Letter to DPN DT.17.03.2010 agreed to avail the said
loan amount by operating the account for the period of 12 months in OD A/c No.
153. Further, you have agreed to pay 2% penal interest in case of default in
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payment of said Over Draw facility or in regularizing or clearing the account as
per the agreed terms.
4. My client instructed that, after availing the said OD facility by first of you, you
have become irregular towards maintaining account and thereby there was a
balance outstanding of Rs. 5,12,597=50 upto 31.12.2011. My client inspite of
informing you again and again by my client you have failed and neglected to clear
or renew the OD facility with interest and finally, my client was forced to recall
the said loan by its Demand Notice dt.14.12.2011 which is acknowledged by both
of you and inspite of which, you have failed and neglected to pay the said overdue
amount.
Therefore, I hereby call upon both of you on behalf of my client to pay the said
outstanding Rs. 5,12,597=50 which was due as on 31.12.2011 within SEVEN (7)
DAYS from the date of receipt of this legal notice, failing which, my client shall
be compelled and constrained to take suitable legal action against first of you by
attaching all the movables which are hypothecated in favour of my client bank and
also shall take necessary action for auction of the Immovable property which is
mortgaged in favour of my client bank and also will take action against Second of
you also for the recovery of the said amount, as both of you are jointly and
severally liable to discharge the said loan and further, both of you are liable to pay
the damages, costs, etc., at your own risk.
You are liable to pay to my client Rs.2,000/- being charges of this notice.
Yours faithfully
(XYZ)
Advocate.
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3. RENTAL AGREEMENT
RENTAL AGREEMENT
Question: Place yourself as an Advocate and draft the Rental Agreement for
the same.
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RENTAL AGREEMENT
This RENTAL AGREEMENT is made and entered on this FIRST day of JULY
2020 (01/07/2020) at Bangalore.
BETWEEN
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the OWNER has agreed to let-out the Schedule Premisesin favour of the
TENANT. The parties have reduced the terms and conditions herein below:-
2) Whereas the OWNER has handed over the possession of the Schedule
Premises to the TENANT in good and tidy condition and the TENANT
has accepted the possession and he assures the OWNER that he shall
keep the Schedule Premises in good and tidy condition and he shall not
cause any damage to the Schedule Premises and also shall not undertake
any alteration to the said property without the written consent of the
OWNER.
4) The TENANT shall allow the OWNER or his agents to inspect the
Schedule Premises at any reasonable hours.
5) The TENANT shall pay any monthly rent of Rs. 6000/- (Rupees Six
Thousands only) to the OWNER until 30.05.2021 and If the TENANT
continue to hold premises even after 30.05.2021 the TENANT shall pay
10% extra on the previous rent for the period of each eleven months. If
the TENANT fails to pay the rent for a continuous period of two months
or violate the conditions stipulated under this agreement, the OWNER
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shall be entitled to terminate this agreement and take vacant possession
of the rented house without serving any notice evict the TENANT in
addition to the right to recover the arrears of rent from the TENANT and
damages if any and other expenses.
7) Both the parties shall inform one months prior notice as to termination of
this Lease Agreement.
8) The TENANT hereby agrees that the OWNER shall not pay any interest
to the advance amount of Rs.20,000/- (Rupees Two thousands only) to
the TENANT.
9) The TENANT at the time of vacating the premises has to hand over the
building with all repairs and a new coat of premium paint to the premises
as it was handed over on TENANT’s arrival time, and also without any
damages including repairs to wall, flooring sealing, doors should be
carried out within 10 days at the expenses of the TENANT before
vacating or otherwise the OWNER has the right to deduct the same in the
security deposit amount.
SCHEDULE PREMISES
All that piece and parcel of Immovable Property bearing the immovable Property
bearing Westerner Portion of Municipal No.1:7-1A, New No. 238, PID. No.52-
112-238, Situated at Varsha Rutu Road, Formerly Veerabhadra Swamy Temple
Street, Gavipuram West, Bangalore – 560019 consisting of one shop,
approximately measuring 12 X12 built –up with RCC Top roofing with electricity.
WITNESSESS
1. OWNER
2.
TENANT
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4. INDEMNITY BOND
INDEMNITY BOND
Mrs. SUGANDHI K RAO being the client approached the advocate stating
that, the his father has taken life Insurance policy with LIC and his father
dead on 15.11.2020 due to accident and he is the only legal heir for his father
and after demise of his after Mr. Sugandhi K.Rao approached LIC to comply
the terms of policy and give him the benefits of said policy. The LIC is in
requirement of execution of Indemnity Bond while claiming the policy
amount their favour and also provided the details of the policy.
Question: Place yourself as an Advocate and draft the indemnity bond for
the same.
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INDEMNITY BOND
This Deed of Indemnity is made and executed on this SEVENTH Day of MARCH
2014.
WHEREAS, I am the only heir to my father my father late .Umanath Shenoy and I
bind myself that, if any other person come forward to claim the death benefits
amount of Mr. H. Umanth Shenoy value of the amount which I have collected
from LIC i.e Rs.10,00,000/-, I Indemnify a person/s who may be entitle to all, are
to the subject matter of the above and to conduct myself properly and the same
shall remain in force until such time to final settlement of claim such person is
satisfied/dismissed by concerned Authority.
WITNESSES:-
1. EXECUTANT
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5. LETTER OF UNDERTAKING
LETTER OF UNDERTAKING
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LETTER OF UNDERTAKING
We both hereby jointly and severally undertake to repay the said amount of
Rs.91,00,000/- along with interest @ 2% per month before may 2020 to Mr. N.R.
Subramanyam.
We have signed this document today i.e. Viz., 05.12.2019 before the following
witnesses.
WITNESSES
SASHIDHARAN.S
1.
PUSHPALATHA
2. N.R.SUBRAHMANYAM
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6. GPA – GENERAL POWER OF ATTORNEY
Mrs. ABC approached an advocate and had a discussion with the advocate stated
that, she had the property in her name wanted to transfer the property to her elder
son who is staying in US. Hence request for an advice for the same.
On the initiation of same, GPA was drafted and was shared to her elder son through
mail and informed him to make the Notary for the same and send the said
document through courier to Mrs. ABC.
Later on receiving the same, Mrs. ABC handed over the document to the Advocate
to complete the further formalities of adjudication of GPA and registration of Gift
Deed.
Question: Place yourself as an Advocate and draft the GPA and Gift Deed for the
same.
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GENERAL POWER OF ATTORNEY
THIS GENERAL POWER OF ATTORNEY is made and executed on this First day
December, TWO THOUSAND AND TWENTY (01.12.2020) at Bangalore.
WHEREAS, the Vacant Property bearing site No. 33, III stage, in the Society’s
Layout situated at Gubbalalu village, in the BDA approved layout formed by the
Jayanagara Co-operative Housing Society Ltd., comprising of lands bearing Sy no.
3/1(p), 3/2, 4(p), 60/1(p), 60/2(p) and 60/3(p) of Gubbalalu village, Uttarahalli
Hobli, Bangalore South Taluk, Bangalore is belonging to Mother of the First and
the Second Party. Herein after the same shall be referred as Schedule Property.
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WHEREAS, the Mother the First Party and Second Party being the absolute owner
of the Schedule Property is intending to gift the Schedule Property to the Second
Party. As, the First Party is residing in US. Hence the First Party is appointing,
nominating and constituting the Second Party Mr. Suresh K.S who is the brother
of the First Party as Attorney Holder to act on behalf of the First Party and to do
the following acts and deeds on behalf of the First Party through this Power of
Attorney.
2. To sign all the papers in respect of Schedule Property and to appear before
the authorities concerned in respect of receiving schedule property through
registered Gift Deed from his mother.
6. To apply for Financial assistance under various forms and to furnish various
other formalities regarding giving information, for giving any statement,
Letter, Clarification or any other writing required or necessary for availing
such assistance, as may be necessary in relation thereto.
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7. To sign the writing/ letters/ papers/ documents in token of my acceptance of
the terms and conditions therein contained and pay all fees, charges and all
amounts in respect of the Facilities.
10.To give my property on lease of any kind or any part thereof and to demand,
sue for and collect and receive and give effectual discharges of receipts,
rents and profits now due and henceforth to become due in respect thereof
and to take all lawful proceedings for recovering the said dues, rents and for
enforcing the performance of any covenants and agreements with the Lessee
and for ejecting the tenants and for recovering damage and compensations
from them for non performance of any covenant or agreement of tenancy.
11.To execute the lease deeds in favor of the Lessees/ tenants to present before
the registering Authority, to admit the execution, to get the same registration
under his signature.
12.If any dispute arises regarding the said property, to engage an Advocate for
all these purposes. To file any case in any court in respect of the schedule
property and to defend me in any case filed against me in any court.
13.And I hereby agree that all acts, deeds and things lawfully done by my said
attorney shall be deemed as acts, deeds and things done by me personally
and I undertake to ratify and confirm all and whatsoever that my said
attorney shall lawfully do or cause to be done for me by virtue of powers
hereby given.
IN WITNESS WHEREOF, I, Mr. Suresh K.S the above named set my hands into
this deed of General Power of Attorney on this the …. day of December, 2020.
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SCHEDULE PROPERTY
All that piece and parcel of the Vacant Property bearing site No. 33, III stage, in the
Society’s Layout situated at Gubbalalu village, in the BDA approved layout formed
by the Jayanagara Co-operative Housing Society Ltd., comprising of lands bearing
Sy no. 3/1(p), 3/2, 4(p), 60/1(p), 60/2(p) and 60/3(p) of Gubbalalu village,
Uttarahalli Hobli, Bangalore South Taluk, Bangalore measuring East to West – 30
feet, North to South – 40 feet, totally measuring 1200 Sq ft and bounded on:-
WITNESSES:
1. (Satish S.K. Kalale Iyengar)
EXECUTANT
2.
(Suresh K.S)
POWER OF ATTORNEY
Drafted by:
……………………..
Advocate,
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INDEMNITY BOND
This Deed of Indemnity is made and executed on this SEVENTH Day of MARCH
2014.
WHEREAS, I am the only heir to my father my father late .Umanath Shenoy and I
bind myself that, if any other person come forward to claim the death benefits
amount of Mr. H. Umanth Shenoy value of the amount which I have collected
from LIC i.e Rs.10,00,000/-, I Indemnify a person/s who may be entitle to all, are
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to the subject matter of the above and to conduct myself properly and the same
shall remain in force until such time to final settlement of claim such person is
satisfied/dismissed by concerned Authority.
WITNESSES:-
1. EXECUTANT
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5. LETTER OF UNDERTAKING
LETTER OF UNDERTAKING
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LETTER OF UNDERTAKING
We, SRI. SASHIDHARAN.S, Aged about 53 years, Son of Late D.Shanmugam
and SMT. PUSHPALATHA, Aged about 51 years, W/o Sri.Shashidharan.S both
are Residing at “Sampurna” No.5 (96), 1st Floor, 6th Cross, N.R.Colony,
Bengaluru- 560 019, are hereby acknowledged the receipt of loan amount of
Rs.9,80,000/- on 07.12.2006, Rs.14,70,000/- on 08.12.2016, Rs.6,00,000/- on 16th ,
17th, and 18th August 2017, Rs.60,50,000/- on 05.12.2019 totally to Rs.91,00,000/-
from Mr.N.R.SUBRAHMANYAM, S/o Late Narasimha Murthy, Residing at
No.923, 7th Cross, 2nd Block, B.S.K. I Stage, Bengaluru- 560 050.
We both hereby jointly and severally undertake to repay the said amount of
Rs.91,00,000/- along with interest @ 2% per month before may 2020 to Mr. N.R.
Subramanyam.
We have signed this document today i.e. Viz., 05.12.2019 before the following
witnesses.
WITNESSES
SASHIDHARAN.S
1.
PUSHPALATHA
2. N.R.SUBRAHMANYAM
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6. GPA – GENERAL POWER OF ATTORNEY
Mrs. ABC approached an advocate and had a discussion with the advocate stated
that, she had the property in her name wanted to transfer the property to her elder
son who is staying in US. Hence request for an advice for the same.
On the initiation of same, GPA was drafted and was shared to her elder son through
mail and informed him to make the Notary for the same and send the said
document through courier to Mrs. ABC.
Later on receiving the same, Mrs. ABC handed over the document to the Advocate
to complete the further formalities of adjudication of GPA and registration of Gift
Deed.
Question: Place yourself as an Advocate and draft the GPA and Gift Deed for the
same.
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GENERAL POWER OF ATTORNEY
THIS GENERAL POWER OF ATTORNEY is made and executed on this First day
December, TWO THOUSAND AND TWENTY (01.12.2020) at Bangalore.
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WHEREAS, the Mother the First Party and Second Party being the absolute owner
of the Schedule Property is intending to gift the Schedule Property to the Second
Party. As, the First Party is residing in US. Hence the First Party is appointing,
nominating and constituting the Second Party Mr. Suresh K.S who is the brother
of the First Party as Attorney Holder to act on behalf of the First Party and to do
the following acts and deeds on behalf of the First Party through this Power of
Attorney.
2. To sign all the papers in respect of Schedule Property and to appear before
the authorities concerned in respect of receiving schedule property through
registered Gift Deed from his mother.
6. To apply for Financial assistance under various forms and to furnish various
other formalities regarding giving information, for giving any statement,
Letter, Clarification or any other writing required or necessary for availing
such assistance, as may be necessary in relation thereto.
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7. To sign the writing/ letters/ papers/ documents in token of my acceptance of
the terms and conditions therein contained and pay all fees, charges and all
amounts in respect of the Facilities.
11.To execute the lease deeds in favor of the Lessees/ tenants to present before
the registering Authority, to admit the execution, to get the same registration
under his signature.
12.If any dispute arises regarding the said property, to engage an Advocate for
all these purposes. To file any case in any court in respect of the schedule
property and to defend me in any case filed against me in any court.
13.And I hereby agree that all acts, deeds and things lawfully done by my said
attorney shall be deemed as acts, deeds and things done by me personally
and I undertake to ratify and confirm all and whatsoever that my said
attorney shall lawfully do or cause to be done for me by virtue of powers
hereby given.
IN WITNESS WHEREOF, I, Mr. Suresh K.S the above named set my hands into
this deed of General Power of Attorney on this the …. day of December, 2020.
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SCHEDULE PROPERTY
All that piece and parcel of the Vacant Property bearing site No. 33, III stage, in the
Society’s Layout situated at Gubbalalu village, in the BDA approved layout formed
by the Jayanagara Co-operative Housing Society Ltd., comprising of lands bearing
Sy no. 3/1(p), 3/2, 4(p), 60/1(p), 60/2(p) and 60/3(p) of Gubbalalu village,
Uttarahalli Hobli, Bangalore South Taluk, Bangalore measuring East to West – 30
feet, North to South – 40 feet, totally measuring 1200 Sq ft and bounded on:-
WITNESSES:
1. (Satish S.K. Kalale Iyengar)
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EXECUTANT
2.
(Suresh K.S)
POWER OF ATTORNEY
Drafted by:
……………………..
Advocate,
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7.GIFT DEED
GIFT DEED
Mrs. ABC approached an advocate and had a discussion with the advocate stated
that, she had the property in her name wanted to transfer the property to her elder
son who is staying in US. Hence request for an advice for the same.
Later on receiving the documents, Mrs. ABC handed over the document to the
Advocate to complete the further formalities for registration of Gift Deed.
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GIFT DEED
THIS DEED OF GIFT made and executed on this FIRST day of DECEMBER,
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TWO THOUSAND TWENTY (01.12.2020) at Bangalore.
BETWEEN
Smt. T.S. RAJALAKSHMI,
W/o. K.R. Seshadri,
Aged about 73 Years,
R/at No. 1/01, Oblappa street,
Near Lalbagh West gate,
Chikka Mavalli, Basavanagudi,
Bangalore – 560 004
Hereinafter she will be referred to as the ‘ DONOR’ (which expression shall unless
inconsistent with the context mean and include her heirs, successors, legal
representatives, executors and assigns) of the One Part;
AND
Mr. SATISH S.K KALALE IYENGAR
S/o. K.R. Seshadri, Aged
about 63 years R/at
5021, Russel Ave S,
Minneapolis, MN 55410.
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WHEREAS, the immovable Property i.e., the Vacant Property bearing site No. 33,
III stage, in the Society’s Layout situated at Gubbalalu Village, in the BDA
approved Layout formed by the Jayanagara Co-operative Housing Society Ltd.,
comprising of lands bearing Sy No. 3/1(p), 3/2, 4(p), 60/1(p), 60/2(p) and 60/3(p)
of Gubbalalu Village, Uttarahalli Hobli, Bangalore South Taluk, Bangalore, which
is more fully and particularly described in the schedule hereto and herein after
referred to as the “SCHEDULE PROPERTY”.
WHEREAS, the office of BDA has also issued Khatha Certificate dt.23.10.2018 in
favour of Donor. The DONOR is in peaceful possession and enjoyment of the
entire Schedule Property as absolute owner. Presently there are no encumbrances
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in respect of the Schedule Property. It0 is free from all encumbrances. Thus the
Schedule Property belongs to the DONOR absolutely as per documents. The
DONOR fully competent to gift the Schedule Property in accordance with his
desire as stated herein.
WHEREAS, the DONOR hereby gifted the entire Schedule Property in favour of
the DONEE who is none other than her Son to have and to hold absolutely by her
as an absolute owner.
WHEREAS, this gift is executed by mother in favour of her daughter and there is
no consideration passed under this Gift Deed and the DONOR, due to the love and
affection towards her Son, the DONEE herein decided and agreed to gift the
Schedule Property to her to have, to hold and to enjoy the Schedule Property by
her as an absolute owner with a right to sell, mortgage, rent, lease. etc., as she
deems just and proper and deal with the Schedule Property as an absolute owner in
the best interest.
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NOW THIS DEED OF GIFT WITNESSETH AS FOLLOWS:
1. This Deed of Gift of the Schedule Property hereby executed by the DONOR
in favour of the DONEE is absolute.
2. The DONOR has been put the DONEE in physical / symbolic / actual
possession of the Schedule Property.
3. The DONOR covenant with the DONEE
a. Title to the Schedule Property hereby gifted by the DONOR under this
gift deed subsists and that the DONOR has powers to convey the same
and there are no impediments of whatsoever.
b. Schedule Property hereby gifted is free from encumbrances,
attachments, leans, maintenance claims, acquisitions, requisitions or
in attachment from Court, charges, and minor claims of whatsoever.
4. The DONOR has handed over the Originals/Xerox copies of the Title Deeds
pertaining to the Schedule Property to the DONEE.
5. The DONOR hereby declares that this Gift is absolute, unconditional and
irrevocable and the DONEE shall be free to deal with the Schedule Property
in any manner he likes without any restrictions or conditions and the
DONEE shall be entitled to exercise all rights of ownership over the
Schedule Property without any claim, interference or disturbance from any
person whatsoever.
6. The DONOR further covenants that he shall at the request of and at the cost
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of the DONEE execute at any time hereafter, any further deed’s or assurance
PARTNERSHIP DEED
This DEED of PARTNERSHIP is made and entered on this TWENTY EIGHTH
day of JANUARY month TWO THOUSAND & NENITEEN, (28.01.2019) at
Bangalore.
BETWEEN :
3. Mr. V. DINESH,
S/o. M. Venkatesh ,
Aged about 26 years,
Residing at No.125,
Indira Gandhi Nagar,
Ejipura, Bangalore -560 047
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4. Mr. KRUPA LAWRENCE
S/o. Lakshman,
Aged about 25 years,
Residing at No.2,
OM Shakti Nilaya,
7th Cross, 1st Main, Near Life T.V. Rameshnagar,
]Marathahalli, Colony,
Bangalore -560 047
The Parties 1 to 4 which expression shall unless inconsistent with the context mean
and include their respective legal heirs, representatives, executors, administrators and
assigns.
Whereas, the Parties 1 to 4 are being friends and who are having common intention to
come up in their life have decided to make the Partnership in order to invest and to do
the partnership business and thereby the parties 1 to 4 have decided to form the
partnership and thereby all of them have agreed to abide the terms and conditions as
enumerated in this deed of partnership.
1. NAME OF THE FIRM: M/S. HARVEST TIME MUSIC ACADEMY
Place of Business: 116/2, 3rd Floor, 1st Portion, 19th ‘B’ Cross, 3rd Block,
Jayanagar, Bangalore – 560 011 and such other places as decided by the
partners in future.
ii. The Partnership Firm also have the additional objects like entering in
media/ social media for giving programs.
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iii. The Partnership Firm also have the additional objects like
programming for live stage programs in festivals, marriages, other
social as well as religious functions.
The Partners have contributed the amount towards the capital of the firm for
the purpose of purchasing musical instruments and also for the purpose
paying advance to the premises opted for place of business is as follows:-
NAME CONTRIBUTION
SL.No.
1. FIRST PARTNER 25%
2. SECOND PARTNER 25%
3. THRID PARTNER 25%
4. FOURTH PARTNER 25%
The partners hereby agreed to distribute the profit after all deductions and also
have agreed to share the losses, under the following ratio.
5. BANK ACCOUNT
a. All the partners hereby agreed to open bank account in any Schedule,
Nationalized, co-operatives, MNC Bank in the name of the firm and the First
Partner being the managing partner will operate the accounts, including
opening of account, including execution of loan documents, execution of
mortgage deeds, etc.,
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b. The First Partner being the managing shall be responsible to maintain true and
correct account of the firm and First Partner is responsible for the day to day
business of the firm.
c. The partners hereby authorized the First Partner as authorized representative of
the firm to sign for all necessary papers on behalf of the firm while dealing
with the Government Offices, individual firms, parties and to defend on behalf
of the firm.
6. MEETINGS
Each Partner shall have the right to participate in the business of the
Partnership. Meetings of the Partners can be called by any Partner of the
partnership upon reasonable time.
7. DISSOLUTION / RETIREMENT
d. The partnership may dissolve at any time and at the time of such dissolution,
the entire accounts shall be get audited including movable and immovable
assets and after deducting all statutory levies, payments to creditors, etc., the
balance outstanding will be distributed as per the ratio agreed upon and in
case there is any loss occurred all the partners shall contribute such amount
as per the ratio stated above and only after closure of entire account the
partnership will dissolve.
All the accounts and the books of accounts of the Partnership Firm shall be
maintained by the managing partner or on the advice of the managing
partner by any other partner, but such partner is responsible for providing
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details of accounts to the Partnership Firm. All other documents relating to
the business of the Partnership shall be maintained at its principal place of
business and shall be available for inspection at reasonable times by any
Partners (or any designated representative of any Partner).
9. ACCOUNTING YEAR
The accounting year of the shall be the financial year commenting from 1st
April to 31st March.
10. AMENDMENT
The partners from time to time may amend the clauses by adding, deleting
or substituting, including to invite others to the Partnership Deed.
11. ARBITRATION
The parties hereby agreed that if any dispute arises, between them regarding
sharing of profit, interpretation of clauses, etc., shall refer the dispute to two
an arbitrators appointed by the parties with mutual consent and if the
decision of such arbitrators are different, it may be referred to an Sole
Umpire under the provisions of Arbitration and Consolation Act.
IN WITNESS WHEREOF, the parties hereto have affixed their signature to this
Partnership Deed on the day, month and year first above mentioned at Bangalore.
WITNESSES:
Drafted by:
………………….,
Advocate,
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12. RELEASE DEED
RELEASE DEED
Mr. Chinnappa Reddy approached the advocate stating that, his grandfather
had purchased properties and died intestate leaving behind his legal heirs.
The Mr. Chinnappa Reddy and his brother Mr. Raja Murthy being legal heirs
for the said grandfather, had oral partition and divided the properties by
themselves and are peacefully residing in their respective portions as per
divisions made by themselves. Such being the case Mr. Chinnappa Reddy
came to an Advocate and enquired regarding the requirement of Law to have
absolute right over his portion of the property.
Opinion: Advocate suggested Mr. Chinnappa Reddy, for the execution and
registration of Release Deed and Advocate explained the charges levied
under Stamp duty and Registration charges.
Question: Place yourself as an Advocate and draft the Exchange Deed for
the same.
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DEED OF RELEASE
THIS DEED OF RELEASE is made and executed on this EIGHT day of
OCTOBER, TWO THOUSAND AND TWENTY (08.10.2020) at Bangalore
BY
Mr. P.N. RAJAMURTHY,
Aged about 55 Years,
S/o. P. K. Narayana Reddy,
Residing at No.67/2,
Parappana Agrahara,
Electronic City Post,
Bangalore - 560 100
IN FAVOR OF
WHEREAS, the term RELEASOR and RELEASEE shall unless inconsistent and
context mean and include their respective Legal Heirs, Legal Representative,
Executors, Administrators, Assigns etc.
WHEREAS, Releasors has already got share in the joint family property situated
next to the Schedule Property and the Releasee to avoid further litigation and for
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proper documentation all the parties have decided to make this Deed of Release
between themselves and have reduced the terms as hereunder by relinquishing
undivided share, respective rights, titles and interest in and over the Schedule
Property in favor of the Releasee to have and to hold the Schedule Property
absolutely by him as an absolute owner hence this Release Deed.
3. The RELEASOR hereby under this deed of Release, relinquish all there
undivided share, right, title and interest, etc., in and upon the Schedule
Property in favor of the RELEASEE absolutely, free from all charges and
without any reservation in respect of Schedule Property.
4. The RELEASEE shall hereafter hold, possess and enjoy the Schedule
Property as an absolute owner thereon without any one’s obstructions or
interference in whatsoever manner.
5. The RELEASOR will support any application made by the RELEASEE for
the change of Khatha in his favor in respect of the Schedule Property and shall
undertake to do all that may be required for any such other acts, things and
deeds in favor of the RELEASEE in respect of the Schedule Property.
6. The RELEASEE shall be liable for all the taxes, rates, charges, etc., payable in
respect of the Schedule Property hereinafter.
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8. The parties hereto agree that, from this day they have no monetary
relationship of whatsoever nature except blood relationship and whatever they
earn and possess and already holding in their respective names, no one has
claim against it in future with respect to Schedule Property.
9. By virtue of this Deed of Release, from this day, the RELEASEE shall be an
absolute owner vested with all the rights, title, interest & possession etc., in or
upon the Schedule Property, the RELEASEE shall henceforth be entitled to
possess, enjoy, transfer, to deal with, to encumber, to gift or to do all or any
act, deeds and things that may be exercisable by any absolute owner.
SCHEDULE PROPERTY
All that piece and parcel the immovable residential Property / House Property i.e.,
Western portion of site bearing No.2, in Sy No.67/1, property No. 67/1-2, Khatha
No.191-W0860-15, situated at Parappana Agrahara Village, Begur Hobli,
Bangalore South Taluk, presently comes within the limits of B.B.M.P Electronic
City Post, Bangalore - 560 100 measuring East to West 68.6 feet, North to South
60 feet in all measuring 4116 Sq., having built –up area 4600 Sq feet consisting of
Three floors Ground, First & Second together with all appurtenances whatsoever,
whether situated on below or above the surface and bounded on to the:-
WITNESSES:
1.
2. RELEASOR
RELEASEE
Drafted by
………………….
Advocate,
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13.PARTITION DEED
PARTITION DEED
Smt. Ambika, came to advocate office and explain that, herself and her
siblings have decided to partition the Hindu joint family property. and
requested the advocate to draft the same and asked above the registration of
the same.
Opinion: Advocate suggested her bring all required documents and Smt.
Ambika brought all necessary documents to draft a deed and Advocate
explained the charges levied under Stamp duty and process of registration.
Question: Place yourself as an Advocate and draft the Partition Deed for the
same.
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PARTITION DEED
This deed of Partition is made and entered on this day of March Two
Thousand & Fourteen (00.03.2014) at Bangalore.
Between :
1. Mr. S. RAMASWAMY
S/o. Mr. D.Sethuraman
Aged about 65 years,
Residing at No.348, Ground Floor,
11th ‘A” Cross, 30th Main Road,
J.P. Nagar, 1st Phase,
Bangalore – 560 078.
2. Mr. ARVIND. R
S/o. Mr. S. Ramaswamy
Aged about 30 years,
Residing at No.348, Ground Floor,
11th ‘A” Cross, 30th Main Road,
J.P. Nagar, 1st Phase,
Bangalore – 560 078.
The expression First Party, Second Party and Third Party shall unless inconsistent
with the context mean and include their respective legal heirs, executors, legal
representatives, administrators & assigns.
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WHEREAS, the parties herein are belongs to a Joint Hindu Family. The First Party
is the father of the Second Party and the Third Party.
WHEREAS, the wife of the First Party and mother of the Second Party and Third
Party namely Smt. V. Kanthimathi who had applied for a site to the Accountant
General’s Office Co-Operative Housing Society Ltd., on her application, she being
the member of the said Society, allotted the Site No.106 situated at Hulalu Village,
Yeshwanthapura Hobli, Bangalore North Taluk, Bangalore present BBMP
No.106/106, measuring East to West 41ft. and North to South 30 ft. which is
morefully described in the schedule hereinunder and hereinafter referred to as the
“SCHEDULE PROPERTY”.
WHEREAS, the wife of the First Party as well as mother of the Second Party and
Third Party namely Smt. V. Kanthimathi died interstate on 14.06.2009 leaving behind
the parties herein as her legal heirs. The Second Party and the Third Party have
decided to reside separately and thereby they have decided to Partition the properties
and to divide the proceeds of the Joint family funds, in order to have a cordial blood
relation they have decided to partition the properties under this Deed of Partition.
In pursuance to the above said understanding between the parties, they have agreed to
abide by the following terms and conditions.
1. The First Party being the father of the Second Party and the Third Party, who is
comfortably living with the Second Party as well as the Third Party, the First
Party hereby release and relinquish all his share, right, title and interest in and
over the “SCHEDULE PROPERTY” and also the properties which are
hereby fallen to the share of Second Party and Third Party.
2. The Second Party hereby agreed to take Southern Portion of the Schedule
Property measuring East to West 41 ft. and North to South 15 ft. which is
morefully described in the schedule hereunder and hereinafter referred to as the
“SCHEDULE ‘A’ PROPERTY”. The First Party and the Third Party who
have agreed and accepted the same and both the First Party and the Third Party
hereby release and relinquish all their respective share, right, title and interest
in and over the Schedule “A” Property in favour of the Second Party
3. The Third Party hereby agreed to take Northern Portion of the Schedule
Property measuring East to West 41 ft. and North to South 15 ft which is
morefully described in the schedule hereunder and hereinafter referred to as the
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“SCHEDULE ‘B’ PROPERTY”. The First Party and the Second Party who
have agreed and accepted the same and both the First Party and the Second
Party of them hereby release and relinquish all their respective share, right, title
and interest in over the Schedule ‘B’ Property in favour of the Third Party.
4. The Second Party and the Third Party shall get bifurcate the Khatha to their
names and from hereinafter Second Party and Third Party shall pay taxes in
respect of their properties to the office of BBMP and both the parties are
competent to get construct houses of their choice.
5. All the parties hereby confirm and declare that, from this day onwards they
have no right over the property of the other and from this day onwards they
have only blood relationship and have no other financial commitments or any
other right, claims, demands, etc., against each other and whatever the property
which is or which may be standing in the individual names of the Second Party
and/or the Third Party, it shall be their self earned property/ies and for which
other person shall have no right over the same.
6. Presently, the Khatha in respect of the Schedule Property stands in the name of
the Second Party after the demise of Smt. V. Kanthimathi. The Second Party
hereby agreed to bifurcate the Khatha and further agreed to sign for all such
paper/s for transfer of Khath to the name of the Third Party.
SCHEDULE PROPERTY
All that piece and parcel of the Residential Site bearing No.106, measuring East
to West 41 ft. and North to South 30 ft. Present BBMP No.106/106, Situated
at Hullalu Village, Yeshawanthapur Hobli, Bangalore North Taluk, total area
being 1230 Sq.ft and bounded by
East By : Road,
West By : Site No.133,
North By : Site No.105,
South By : Site No.107,
All that piece and parcel of the Residential Site bearing No.106, Southern
Portion of the Schedule Property measuring East to West 41 ft. and North to
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South 15 ft. situated in Hullalu Village, Yeshawanthapur Hobli, Bangalore
North Taluk and bounded on to the
East By : Road
West By : Site No.133
North By : Portion fallen to the share of Mrs. Ashwini R
South By : Site No.107
All that piece and parcel of the Residential Site bearing No.106, Northern
Portion of the Schedule Property measuring East to West 41 ft. and North to
South 15 ft. situated in Hullalu Village, Yeshawanthapur Hobli, Bangalore
North Taluk and bounded on to the
East By : Road
West By : Site No.133
North By : Site No.105
South By : Portion fallen to the share of mr. Arvind R.
IN WITNESS WHEREOF, the parties hereto have affixed their signature to this
Partition Deed on the day, month and year first above mentioned at Bangalore.
WITNESSES:
1.
1. (Mr. S. RAMASWAMY)
FIRST PARTY.
2. (Mr. ARVIND R)
SECOND PARTY.
3. (Smt. ASHWINI R)
THIRD PARTY.
Drafted by:
………………….
Advocate,
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`14. MEMORANDU OF UNDERSTANDING
MEMORANDU OF UNDERSTANDING
Mr. SYED ASLAM, came to advocate office and explain that, as he has
received notice from his land lord he approached the landlord and requested
for the time for vacating the said premises rented to him and hence landlord
demanded for entering of memorandum of understanding and also explained
the terms of memorandum of understanding and requested to draft the
Deed.
Question: Place yourself as an Advocate and draft the Partnership Deed for
the same.
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MEMORANDU OF UNDERSTANDING
THIS MEMORANDUM OF UNDERSTANDING is made and entered on this
FIRST day of OCTOBER, TWO THOUSAND & NINITEEN (01.10.2019) at
Bangalore.
BETWEEN:
The terms 'First Party' & 'Second Party' wherever the context so admit or require
shall mean and include their/its respective, heirs, legal representative, Successors,
successors-in-office, administrators, nominees, assigns, etc.,
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WHEREAS, the above FIRST PARTY is the tenant in the item No.1 of the
Schedule Property and the SECOND PARTY is the land lord. Even after the grant
of sufficient time by the SECOND PARTY to the FIRST PARTY, the FIRST
PARTY did not vacate the item No.1 of the Schedule Property.
WHEREAS, the above SECOND PARTY being the landlord was forced to sent the
legal notice dt.24.09.2019 to vacate the item No.1 of the Schedule Property to the
FIRST PARTY. After receiving the legal notice sent by the SECOND PARTY to
the FIRST PARTY, the FIRST PARTY requested the SECOND PARTY to grant
time to vacate the item No.1 of the Schedule Property. Both FIRST and SECOND
PARTIES have entered into this MOU with such terms and conditions as follows :-
2. The FIRST PARTY agreed to receive and the SECOND PARTY agreed to
pay sum of RS.10,50,000/- (Rupees Ten Lakhs Fifty Thousands only)
towards the advance amount paid to the earlier Land Lord. Out of the above
said Rs.10,50,000/- (Rupees Ten Lakhs Fifty Thousands only) the Second
Party shall pay Rs.1,50,000/- (Rupees one Lakh Fifty Thousands only)
dt…….i.e earlier to vacating the item No.1 of the Schedule Property and the
balance Rs.9,00,000/- (Rupees Nine Lakhs only) shall be paid to the
SECOND PARTY after vacating the item No.1 of the Schedule Property.
3. The FIRST PARTY agreed to vacate the item No.1 of Schedule Property
within Two month from the date of receiving a sum of Rs.1,50,000/- (Rupees
One Lakh Fifty Thousands only) from the SECOND PARTY. If the FIRST
PARTY fails to vacate the item No.1 of the Schedule property within above
said period, the FIRST PARTY is liable to pay a sum of Rs.1,50,000/-
(Rupees One Lakh Fifty Thousands only) along with interest @ of 2% per
month to the SECOND PARTY and in addition to the same
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the SECOND PARTY shall have right recover rent of RS.20,000/- from July
2020 in repect of item NO.1 of Schedule Property.
4. The SECOND PARTY shall pay sum of RS. 9,00,000/- (Rupees Nine Lakhs
only) to the FIRST PARTY at the time of handing over the keys of the
vacant house of the item No.1 of Schedule Property and said payment of
sum of RS.9,00,000/- (Rupees Nine Lakhs only) shall be subject to the
reasonable deductions towards water charges, electricity charges, painting
charges and damages if any.
5. The item No.2 of the Schedule Property originally belongs to the Smt.
Nagalaksmi. P. Inamdar having been purchased by Sri Hemanth Kumar rep
by GPA Holder Sri. Ramu and after the demise of Smt. Nagalaksmi. P.
Inamdar her husband being legal heir of Smt. Nagalaksmi. P. Inamdar
authorized the SECOND PARTY to Deposit the title Deeds of the item No.2
of the Schedule Property.
6. The FIRST PARTY hereby state that, One Mr. Prakash Inamdar through the
SECOND PARTY has handed over the original title deeds to the FIRST
PARTY for the security of RS.10,00,000/- (Rupees Ten Lakhs Only) towards
the loan barrowed by the one Mr. Prakash Inamdar in respect of item No.2 of
Schedule Property.
7. The FIRST PARTY agreed to handover the Original title deeds of the item
No.2 of the Schedule Property to said Mr. Prakash Inamdar on payment of
the loan barrowed by Mr. Prakash Inamdar.
8. The Mr. Prakash Inamdar has agreed to pay interest @ of …..% per month
till the repayment of sum of RS.10,00,000/- (Rupees Ten Lakhs Only) to
the FIRST PARTY.
9. The FIRST & SECOND PARTY hereby agree that, in future if any dispute
arose in respect of loan of Rs. RS.10,00,000/- (Rupees Ten Lakhs Only)
the same shall be the Subject matter between the FIRST PARTY and Prakash
Inamdar and the SECOND PARTY shall not have liability whatsoever.
10.The FIRST PARTY hereby state that, the FIRST PARTY shall hold Original
title deeds of the of the item No.2 of the Schedule Property towards the
payment of RS.10,00,000/- (Rupees Ten Lakhs Only) till the repayment of
the loan amount.
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SCHEDULE PROPERTY
ITEM NO.1.
All that piece and parcel of the property No. 40, 1 st Floor, 3rd ‘I’ Main Road,
Near ST Paul College, Ramaiah Layout, Kancharakanahalli, Banaswadi,
Bangalore - 560 040. 2nd Floor partial portion of the property Measuring
about ………. Sq feet bounded on as follows:-
ITEM NO.2.
All that piece and parcel of residential site bearing No.599 formed in Sy No.49, of
Sri Balaji Township of Nagrur Village Dansanapura Hobli, Bangalore North Taluk
which has been converted from agricultural to non-agricultural residential purpose
by the Deputy Commissioner vide Order No. B.DIS.ALN.SR(N)8//96-97 dt.
08.07.1996 in the registration sub-district of Bangalore North Measuring East to
West 40’ -00(12.19 Mtrs), North to South 30’-00 (9.14 Mtrs) of the total area of
1200 Sq ft., (111.41 Sq. Mtrs ) and bounded as under:-
East by : Site No.526,
West by : 30Feet Road,
North by : Site No.576,
South by : Site No.578
IN WITNESSES WHEREOF, the FIRST & SECOND have set their hands to sign
this MEMORANDUM OF UNDERSTANDING on the day, the month and the
year first above mentioned, at Bangalore.
WITNESSES:
1.
FIRST PARTY
2.
Drafted by:
………………………,
Advocate,
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SECOND PARTY
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W/o. Mr. Y.G. Narayana Murthy
AND:
WHEREAS, the VENDORS are the absolute owners in possession and enjoyment
of the Immovable Residential Property bearing No.1411, New BBMP No.51,
Block No.II, in BSK 1st Stage, Present BBMP PID No.53-127-51, situated at 2nd
Cross, Ashoka Nagar, (Srinagar Ward No.53), New Ward No.164, Vidyapeeta
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Bangalore-50, which is more fully described in the schedule hereunder and
hereinafter referred to as “SCHEDULE PROPERTY”, has been allotted by the
Bangalore Development Authority, in favour of the VENDORS herein have
entered into Lease-Cum-Sale-Agreement dt.14.02.1983 and the same has been
registered as Document No.4082/82-83, Pages 494 to 501, SF Volume 124 of
Book-I, dt.14.02.1983 in the office of the Sub-Registrar, Basavanagudi, Bangalore,
The office of the Bangalore Development Authority delivered possession of the
Schedule Property to the VENDORS herein under a Possession Certificate bearing
No.PC.41/82-83, dt.07.03.1983.
AND WHEREAS the VENDORS who are in need of funds for their family
necessity, to purchase other property and to invest for better returns have agreed to
sell the Schedule Property for a valuable consideration on the assurance that, the
Schedule Property is their self acquired residential immovable property and is free
from acquisitions, requisitions, litigations, claims, attachments, minor or
maintenance claims, etc., and also the VENDORS have not entered into any
agreement with anyone or have not executed authority to deal with the Schedule
Property and the PURCHASER who is in need of immovable property, on the
assurance of the VENDORS, agreed to purchase the Schedule Property for a
valuable consideration.
1. PRICE:
The Price paid by the PURCHASER to the VENDORS for the
Schedule Property is Rs.1,42,00,000/- (Rupees One Crore and
Forty Two Lakhs only).
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b. The PURCHASER has paid a sum of Rs.20,00,000/- (Rupees Twenty Lakhs
only) by way of Cheque bearing No.282796 dt.16.05.2011 drawn on SBM,
Basavanagudi Branch, Bangalore in favour of the 1st VENDOR before the
witnesses.
c. The PURCHASER has paid this day a sum of Rs.1,00,00,000/- (Rupees One
Crore only) by way of Pay Order bearing No.090916 dt.02.06.2011 drawn
on Standard Chartered Bank, Koramangala Branch, Bangalore in favour of
the 1st VENDOR before the witnesses. The 2nd VENDOR hereby agreed and
accepted for having paid the entire sale consideration in favour of the 1 st
Vendor and the same has been acknowledged by the 2nd VENDOR.
2. TITLE:
The VENDORS hereby assure the PURCHASER that, the title to the
Schedule Property is free from Encumbrance, attachments, Court or
acquisition proceedings or charges of any kind.
3. POSSESSION:
The VENDORS this day delivered vacant physical possession of the Schedule
Property to the PURCHASER and the PURCHASER hereby acknowledges of
having been put in possession of the Schedule Property this day by the
VENDORS.
The VENDORS hereby further agreed that they will co-operate to fullfill all
statutory formalities by executing any of the documents for transfer of Khatha,
electrical, water etc., as and when it is requested by the PURCHASER.
4. DOCUMENTS:
The VENDORS this day delivered previous copies of Documents and original
Absolute Sale Deed, Khatha1 Certificate,
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Tax Paid Receipt in respect of the
Schedule Property to the PURCHASER and the VENDORS hereby agreed
and undertaken to deliver such other papers/Documents if any, in their custody