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Saturday, 5 October 2019

GENERAL POWER OF ATTORNEY


GENERAL POWER OF ATTORNEY


KNOW ALL MEN BY THESE PRESENTS THAT I, __________ S/o. / W/o. aged ______ about years, residing at No.___________ do hereby nominate, appoint constitute and appoint Sri./Smt______________________ S/o. /W/o. aged about _____ years residing at ______________________as my true and lawful power of attorney holder to do the following acts, deeds and things on my behalf and in my name in respect of the schedule property.

Whereas, the sole and absolute owner in and possession of the schedule property, which is self acquired property.

Whereas, I am being unable to maintain manage and look after the affairs of the said property, I hereby appoint the said attorney holder to the following acts, deeds and perform things on my behalf and in my name with entire powers thereon.

1.  To appear before the authorities of BDA Corporation, Revenue office / Village Panchayath Office, or any other office pertaining to state or central Government or any other office and to represent in all respect.

2.  To make payment of taxes, rates, cesses, assessments, to get plan sanction to any competent authority levied by them from time to time on my behalf.

3.  To appoint advocate/s, pleader/s, prosecutor/s, or any other competent authority for all purpose.

4.  To file cases either civil or criminal in any competent court/s and to complete the proceedings.

5.  To apply and to obtain relevant document in respect of the schedule property on my behalf, and to put up any constructions in the schedule property.

6.  To sign all documents, papers, agreements, affidavits forms vakalaths, receipts, declarations, etc., and to derive all kind of benefits and profits in respect of the schedule property on my behalf.

7.   I have not given any power to this attorney holder to alienate property.

I hereby agree to ratify and confirm all and what so ever that my said attorney shall lawfully do or cause to be done be virtue of this document.

SCHEDULE

All the piece and parcel of immovable property bearing No.____________* Measuring _______________
Bounded by: -

On the East

On the West
On the South

On the North


Stamp duty paid as per Article 41(f) of the Schedule to the Karnataka Stamp Act, 1957.

IN WITNESS WHEREOF I the executant above named has signed to this general power of attorney on this ______day _________ month ________year.

WITNESS:


EXECUTANT

PARTNERSHIP DEED



This deed of partnership is made on this (date). . . . . . . .  . between:

1. . . . . .  . ..  . ..  . . . . … …… . . . . . . . . . . . . . hereinafter referred to as first

part.

2. . . . .    . . . . . . . . . . . . . .     …….   ………………… hereinafter referred to as

second party.

3. . . . . . . . . . . . . . . . . . . . . .. . . . . . . .. . . .. .hereinafter referred to as third party and

4. . . . ..    .. . . . . . . . . ……………………………….. hereinafter referred to as

fourth party.

Whereas, the parties hereto have agreed to commence business in partnership and it is expedient to have a written instrument of partnership.

NOW THIS PARTNERSHIP WITNESSES AS FOLLOWS:

1)   The parties here to have mutually agreed to carry on the business of civil contract like, construction of building, layout formation, land development and builders under the name and style of . . . . . . . .. . . . . . .

. . . . . . (Firm Name)

2)   PLACE OF BUSINESS:

The principal place of partnership business situated at No.

3) DURATION OF PARTNERSHIP:

The duration of the partnership will be at will

4) CAPITAL OF THE FIRM:

Initially the capital of the firm shall be Rs.. . . . . . . .. . and contributes by all the partners as per their profit sharing ratio.

5) PROFIT SHARING RATIO:

The profit or loss of the firm shall be shared equally among all the partners and transferred to partners current account.



6) MANAGEMENT:

The first party of the firm shall be the Managing partner and he will look after all the day to day transaction of the firm and any legal activities in the name of the firm and the remaining partners has to co-operate to do so.

7) OPERATION OF BANK ACCOUNTS:

The firm shall open a current account in the name of . . . . . . . . . . . . . at any nationalized banks, scheduled Banks or any co-operative Banks and such account shall be operated by first and second partners jointly as declared from time to time to the Banks.

8) BORROWING:

The firm shall require any additional capital/working capital, shall being from any financial institutions only with written consent of all the partners.

9) ACCOUNTS:

The firm shall regularly maintain in the ordinary course of business, true and correct account of all its in comings and out goings and also of all its assets and liabilities, the proper books of account, which shall ordinarily kept at the firms place of business. The accounting year shall be the financial year from 1st April onwards and the balance sheet shall be properly audited and the same shall be signed by all the partners. Every partner shall have access to the books and the right to verify their corrections.

10) PATIREMANT:

If any partner shall at anytime during the subsistence of the partnership, be desirous of retiring from the firm, it shall be competent from his to do so, provided he shall give at least one calendar month notice of his intention of gadding so: The continuing partner shall pay to the retiring partner or his legal representatives of the deceased partner, the purchase money of his share in the assets of the firm.

11) DEATH OF PARTNER:

In the event of death of any partner/s, one of the legal represents of the deceased partner shall become the partner of the firm and in the event the legal representative show their denial to point he firm, they shall be paid the part of the purchase amount calculated as on the date of the death of the partner.

12)  Whenever there by any difference of opinion or any dispute between the partners the partners shall refer the same to an arbitration of one person. The decision of the arbitrator so nominated shall be final and binding on all partners, such arbitration proceedings shall be governed by Indian arbitration Act, which is in force.

In witness whereof, this deed of partnership is singed sealed and delivered this the day of . . . . . . . . . . . at Bangalore.



WITHNESSES:

1.                                                                                                      1.



2.

2.

3.



PARTITION DEED


PARTITION DEED


THIS DEED OF PARTITION made at __________this _________ day of

(1)   Sri._________________,S/o._____________,Age______years,

Occupation__________, Residing at__________________________. hereinafter referred to as the Party of the First Part.

(2)   Sri._________________,S/o._____________,Age______years,

Occupation__________, Residing at__________________________. hereinafter referred to as the Party of the Second Part.

(3)   Sri._________________,S/o._____________,Age______years,

Occupation__________, Residing at__________________________. hereinafter referred to as the Party of the Third Part.

(4)   ……………………..Etc.

WHEREAS;

1        (a) The parties hereto are the members and coparceners of their joint and undivided Hindu Family and as such own immovable properties consisting of land and building thereon and situate at ________________and more particularly described in Schedule "A" hereunder written and each of the parties hereto is entitled to share in the Schedule "A" property.

(b)   Parties to this partition have thrown their properties described in Schedule "A" in the common hatch pot and declared themselves as these properties are belongs to Joint Family property.

2.  The parties desire to effect a partition of the said properties between themselves as they no longer desire to continue as members and coparceners of their joint family property and desire to be separate in food, worship and estate.

3.  The parties have agreed that the said Schedule "A" properties will be divided and partitioned in such a way that namely;

(a)   The property described in the said First Schedule shall be allotted and belongs to the Party of the First Part exclusively,

(b)  The property described in the said Second Schedule shall be allotted and belongs to the Party of the Second Part exclusively and,

(c)   The property described in the said Third Schedule shall be allotted and belongs to the Party of the Third Part exclusively.



4.  The parties hereto have proposed to effect and record the said partition in the manner following:

NOW THIS DEED WITNESSETH AS FOLLOW:

1.  The parties have agreed that the said Schedule "A" properties will be divided and partitioned in such a way that namely;

(a)   The property described in the said First Schedule shall be allotted and belongs to the Party of the First Part exclusively,

(b)  The property described in the said Second Schedule shall be allotted and belongs to the Party of the Second Part exclusively and,

(c)   The property described in the said Third Schedule shall be allotted and belongs to the Party of the Third Part exclusively.

2.  In consideration aforesaid, each of the parties hereto grant and release all his/her undivided share, right, title and interest in the property allotted to the other of them as aforesaid so as to constitute each party the sole and absolute owner of the property allotted to him/her freed and discharged from all rights, title, interest claims and demands of the other party hereto or concerning the same but subject to the payment of all taxes, rates, dues and duties and assessment payable to Government or Municipal Corporation or any other public body in respect thereof.

3.  Each party covenants with the other that he/she has not done any act deed or thing whereby or by means whereof he/she is prevented from conveying and releasing the property to the other in the manner aforesaid.

4.  Each party also covenants with the other that each party will execute and get registered, if necessary any deed, assurance or other document which may be required for fuller and more perfectly and effectually assuring the property, allotted to the other but at the cost and expenses of the other.

5.  Each party hereto further covenants with the other that the latter will hereafter hold and stand possessed of the property allotted to him/her quietly and peacefully and enjoy the rents and profits thereof without any suit, interruption, claim or demand by the covenanting party, his/her heirs, executors administrators and assigns or any person claiming under him/her.

6.  The original of the deed of partition will remain in the custody of the Party of the First Part and the duplicate copy hereof will remain in the custody of the Party of the Other Part.


7.  And  it  is  further  agreed  and  declared  that  the  title  deeds  relating  to  the properties and which are common to both of them and which are set out in the

____________Schedule hereunder written shall remain with the Party of the First Part who has agreed to give a covenant for production in favour of the Party of the ___________Part.

SCHEDULE "A"

(Details of Undivided properties belongs to Joint Family)

Sl.
Description of the Property
Property standing in the
No.

name of



1


2


3


4 etc.



FIRST SCHEDULE


(Property allotted to the share of Sri.__________________________ First part)




SECOND SCHEDULE

(Property allotted to the share of Sri.__________________________Second part)




THIRD SCHEDULE

(Property allotted to the share of Sri._________________________Third part)




WITNESS:

1.
FIRST PARTY
2.
SECOND PARTY
3.
THIRD PARTY