INDEMNITY BOND
This indemnity bond is executed at______________, on this___________ day
of____________, by: Sh/Mrs.____________, s/o d/o SH ____________,r/o_____________,
hereinafter called “the executants”, of the one part;
IN FAVOUR OF
M/S. Jaiprakash Associated Limited, a company incorporated under the companies act, 1956
and having its registered office at sector 128, NOIDA- 201304, Uttar Pradesh, hereinafter
referred to as “The Company”, of the other part.
The expression of the terms, the executants and the company shall mean and include the
respective parties, their respective successors, executors, representatives, administrators,
nominee/s and assignee/s.
WHEREAS Sh______________ s/o /d/o Sh___________, r/o___________(Allottee”) has
been allotted, a Flat/plot no. ___________in jaypee greens, NOIDA (the unit) By Jaiprakash
Associates Limited, sector 128, NOIDA-201304, Uttar Pradesh(the company), on
provisional basis, on the terms and conditions contained in and vide provisional allotment
letter n. ____________dated__________(the allotment);
And whereas Sh,___________, r/o _____________the Allottee has died on
____________leaving behind a WILL wherein he has bequeathed the said unit to the
executant herein.
And whereas the company has agreed to transfer the rights, or interest of the allottee to the
executants subject to the condition that the executant executes an indemnity bond in favour of
the company indemnifying the company against any loss or damage that it may sustain or any
action that may be brought against it on account of allowing transfer of provisional allotment
of above unit in favour of the executants.
Therefore, in consideration of the aforesaid agreement, the executants hereby indemnifies and
shall always keep the company indemnified against any loss or damage that it may sustain by
transferring the rights, or interest of the allottee in his favour or any claim, proceedings or
litigation that may be taken out or brought by any person including the other legal heirs of the
allottee against it or arising out of or in connection with the transfer of rights, or interest of
the allottee in favour of the executants.
In witness whereof I, __________, the executant, have executed this bond, on the date, month
and year as first written above, in the presence of the following witnesses:
WITNESSES:
1.
2.
___________
(EXECUTANT)
(Co-heirs seeking relinquish their share of provisional allotment in favour of other
legal heirs on rs. 100/- stamp paper.)
RELINQUISHMENT DEED
This relinquishment deed is executed at___________, on this__________ day of
_____________, by:
Mr./Mrs. ____________,S/o / d/o Mr. _______,r/o___________,
Mr./Mrs. ____________,S/o / d/o Mr. _______,r/o___________,
Mr./Mrs. ____________,S/o / d/o Mr. _______,r/o___________, hereinafter called
“the releaser(s)”, of the one part;
Mr./Mrs. ____________,S/o / d/o Mr. _______,r/o___________, hereinafter called
“The release”, of the other part.
The expression of the terms, releaser and release shall mean and include the
respective parties, their respective legal heirs, successors, executors, representatives,
administrators, nominee/s and assignee/s.
WHEREAS the Mr. /Mrs.__________, s/o /d/o Mr. ____________, r/o__________,
hereinafter called "The Allottee", has been allotted, a Flat/Plot No. in Jaypee Greens,
(the Unit) by Jaipakash Associates Limited, Sector 128, NOIDA 201304, Uttar
Pradesh (the Company), on provisional basis, on the terms and conditions contained
in the Provisional Allotment Letter No._________ Dated __________ (the
Allotment);
AND WHEREAS the Allottee has died on _____________at____________
and is survived by the following legal heirs.
S.No. Age Relationship with the Allottee
1.
2.
AND WHEREAS there is no other legal heir of deceased and nobody else is entitled
to any claim, any right, or interest in the above mentioned provisional allotment.
AND WHEREAS the Releasers are desirous of giving up their share in the above
mentioned provisional allotment in favour of the Releasee on account of natural love
and affection without receipt of any consideration amount from them.
NOW THIS DEED OF RELINUISHMENT WITNESSETH AS UNDER:
THAT the Releasers voluntarily, without any outside pressure from any side and in
their full senses give-up and release all their right, and interest in the provisional
allotment of the unit bearing No.________________ at jaypee greens in favour of the
Releasee without taking or receiving any consideration from him to the extent of their
share and now the Releasee is the absolute owner of the rights & interest which were
earlier vested in the Allottee in above mentioned provisional allotrment.
THAT the Releasers, their heirs, successors and assigns have been left with no claim
or interest in the aforesaid provisional allotment as hereby relinquished.
THAT the release is henceforth fully entitled to get the above mentioned provisional
allotment transferred in his name.
THAT the original relevant papers regarding the above mentioned provisional
allotment are with the releasee.
IN WITNESSES WHEREOF the releasers and the releasee have set their respective
hands to this deed of relinquishment at ________________ on the date mentioned
above.
1. WITNESSES 1.RELEASERS
(PASSPORT SIZE
PHOTOGRAPH)
2.RELEASERS
(PASSPORT SIZE
PHOTOGRAPH)
2. WITNESSES
3.RELEASERS
(PASSPORT SIZE
PHOTOGRAPH)
4.RELEASEE
(PASSPORT SIZE
PHOTOGRAPH)
