top of page

Making It Easy

  • Instagram
  • Twitter
  • Facebook

Search Results

4070 results found with an empty search

  • PARTITION IN JOINT HINDU FAMILY (MITAKSHRA)

    PARTITION IN JOINT HINDU FAMILY (MITAKSHRA)  NOTE: In view of the decision of the Supreme Court in V. Tulasamma v. Keshava Murthy, (1977) 3 SCC 99: AIR 1977 SC 1944,  a share received by a female Hindu at a partition of joint Hindu Family property will be her absolute property even if it is described as a life estate or a widow estate in the deed of partition. THIS PARTITION  is made the ___________________________,                BETWEEN  AA.,  aged about ____________ years  hereinafter called the First Party  AND  BB  aged about_____________.years,  hereinafter called the Second Party, sons of the late CC. AND DD. aged about________.years, widow of the said CC. and mother of the First and Second Party, hereinafter called the Third Party, all residents of________.in the city of________.  WHEREAS  the said CC. was the Member of a Joint Hindu Family governed by the Mitakshara School of Hindu Law comprising the following:  AA., First party son of CC. the deceased,  BB., Second Party son of CC. the deceased,  DD., Widow of CC. mother of the First and Second party.  AND WHEREAS the said CC. died leaving considerable property some of which was ancestral, whilst most of which was his self-acquired property and after his demise in ________ AA. being the eldest son acquired membership of the family but as differences and disputes have arisen and the parties to this deed have mutually settled the said differences and disputes and are agreed that the properties, movable and immovable, given in Lists AA and C, made part of this deed be divided and given to the respective parties on the conditions and terms hereinafter appearing. NOW THEREFORE THIS PARTITION WITNESSES:  1. That it is mutually agreed that the properties, movable and immovable, subject of this partition are of the value of Rs. 9,00,000預nd the value of the separated share shall be Rs. 3,00,000容ach which shall be the value for purposes of stamp duty.  2. That the properties given in List A shall heretofore belong absolutely to the First Party and the properties given in List B shall heretofore belong absolutely to the Second Party and the properties given in list C shall heretofore belong absolutely to DD.  3. That the respective documents and deeds of title pertaining to the properties have been handed over to their respective owners.  4. That this deed has been drawn up in triplicate and the stamped original shall remain with AA while the remaining two, bearing the registration endorsements remain with BB and DD. IN WITNESS whereof the parties have hereto affixed their hands the day and the year first abovementioned. Witness: Sd. AA.  Sd. BB.  Sd. DD.  List A with value of each item and a total.  List B with value of each item and a total.  List C with value of each item and a total. .  Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Partition Deed

    Partition Deed This Deed of Partition made at (city) this ___ day of __________, year __________, between Shri ______________, son of ____________, resident of __________________________________ hereinafter called Party of the First Part, Shri ____________, son of _______________, resident of ____________________ , hereinafter called Party of the Second Part, (3) Shri _____________, son of __________________, resident of ______________________________, hereinafter called Party of the Third Part Whereas Shri ___________ is the Karta and Manager of the joint and undivided Hindu family, carrying on the activities under the name and style of "________________________" (hereinafter referred to as "the said ___", consisting of the said ___________, his wife, the said __________, and the said ____. And Whereas the said _______ owned and possessed immediately before the partition one telephones Nos. ________and _______, shares in ______ Ltd. Bank balance of Rs._______ with ________, __________, _____________ Bank The HUF had also incurred certain liabilities. And Whereas the parties hereto have agreed on the ___ day of _____ to have a total partition all the assets held by the said HUF on such partition :- ___ Shares of _____________ Ltd. Rs. _______/- ___ Shares of _____________ Ltd. Rs. _______/- Total Rs.________/- the above named shares will be transferred to ________ on receipt of Rs.________/- And Whereas the net capital of the said HUF immediately before the full partition is Rs.________ consisting of Rs._______ as bank balance and Rs.____/- And Whereas the parties hereto are desirous of affecting the full partition of the said HUF by donating the entire amount to a charitable trust. NOW THIS INDENTURE WITNESSETH AND IT IS HEREBY AGREED AND DECLARED BY and between the parties hereto as under: 1.     The parties hereto hereby declare that the said HUF has been fully partitioned on the ___ day of ______________. 2.     The parties hereto agree to donate the entire capital of Rs.______- held by the said ___ to _______ ____________ ( a public charitable trust). 3.     The parties hereto have issued a cheque for donation of Rs._____/- in favour of "__________________" immediately before the execution of these presents. 4.     The parties hereto agree to give further donation to _________________ as and when any refund is received from the income-tax department. 5.     The said ____ has been allotted telephone number _______. IN WITNESS WHEREOF the parties hereto have set and subscribed their respective hands on the day and year first hereinabove written. Signed Sealed and Delivered by the withinnamed 1) __________________________ ___________________ 2) __________________________ ___________________ 3) __________________________ ___________________ in the presence of ............ WITNESSES: 1. 2. Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Deed of Partition with a Cash Payment for Equalization

    Deed of Partition with a Cash Payment for Equalization This Deed of Partition is made on the ……… day of ………… between KK, resident of ……………………. of the first part AND RK, resident of ………………………. of the second part AND SK, resident of ……………………………. of the third part. Whereas the parties hereto being in possession as absolute joint owners in equal share free from all encumbrances whatsoever the houses, gardens, lands and premises made part of this deed have agreed with each other to put an end to their community of ownership and to divide the properties contained in the said Schedules for the purposes of the same being separately and individually owned, possessed and enjoyed ; And Whereas the said KK, who assumed Karataship of the family now comprising of the parties hereto on ……………, that is, on the death of JK, father of the parties hereto, has rendered full account for the period beginning with the said ………………, to the date hereof and no money, claim or charges are due and owing by any of the parties hereto against him or any other cosharers. And Whereas KK is prepared to pay a sum of Rs. …………. to each of the remaining parties for the purposes of equalising the shares. NOW THIS DEED WITNESSES as follows : 1.     That in pursuance of the said agreement and in consideration of premises , the said KK and the said RK as absolute owners hereby transfer free of all encumbrances and their two-third shares in the houses, gardens , lands and premises and the said SK shall hereinafter hold the properties described in the Schedule I absolutely and for ever. 2.     That in pursuance of the said agreement and in consideration of the premises and payment of the sum of Rs. ………….. each by KK to RK and SK which sums the said RK and SK hereby individually acknowledge as having received, said RK and SK hereby transfer free of all encumbrances and convey absolutely unto and to the use of the said KK their two-third share in the house, grands, lands and premises and the said KK shall hereafter hold the properties described in the Schedule 2 absolutely and for ever. 3.     That in pursuance of the said agreement and in consideration of the premises, the said SK and the said KK as absolute owner hereby transfer, free of all encumbrances, and convey absolutely unto and to the use of the said RK their two-third share in the houses gardens, lands and premises and the said RK shall hereafter hold the properties described in the Schedule 3 absolutely and for ever. 4.     That as the documents of titles mentioned in list D pertain to the properties subject of this parties and are common, it is hereby mutually agreed that the said KK shall as custodian for and on behalf of all parties keep the same upon the express conditions that whenever needed by the parties, the said KK shall produce the same for inspection of, and allow copies to be made, if so desired. 5.     That the value of each share shown in details in the Schedules hereto is Rs. ………… which is the value for the purposes of stamp duty. 6.     That this deed is being executed in triplicate, the original stamped copy shall be kept with said KK and duplicates bearing the registry endorsements by the remaining parties. IN WITNESS WHEREOF parties hereto have signed this deed at ………… of the …………………... Witnesses : (Sd)……………….. (KK) 1………………….. (Sd)…………………….. (RK) 2…………………… (Sd)…………………….. (SK) SCHEDULE A (PROPERTY WITH VALUATION) SCHEDULE B(PROPERTY WITH VALUATION) SCHEDULE C(PROPERTY WITH VALUATION) SCHEDULE D (LIST OF DUCUMENTS OF TITILE Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Deed of Partial Partition by One Member from the Other Members of Joint Hindu Family

    Deed of Partial Partition by One Member from the Other Members of Joint Hindu Family This Deed made at ................ this ................ day of ................, 2000, between A, son of ............................ resident of ................................. hereinafter referred to as the first party of the ONE PART and B son of ............................. C, son of ................................. D, son of ......................... and E, son of ..................... all resident of ................................. hereinafter collectively referred to as the Second Party of the OTHER PART. Whereas the parties hereto are the members of joint Hindu family governed by Mitakshara school and the first party is not able to adjust himself with the other family members, due to which relations in the family have become tense. And Where as the relatives and family friends have suggested to the Second Party that the first party is desirous to sever his connection from the Hindu joint family. And Where as the parties hereto have agreed that the first party may be partitioned with his share in the joint family properties. Now This Deed Witnesseth As Follows 1.     In pursuance of the agreement, the properties mentioned in the Schedule, hereinafter referred to as the scheduled property, are allotted to the first party and he shall hold, possess and enjoy the said scheduled property as absolute and exclusive owner without any interruption, claim or hindrance from any member or members of joint family or any person or persons claiming through him or them. 2.     It is hereby declared that there is no mortgage, charge, lien or encumbrance, on the property scheduled and allotted to the first party and if later on it is found that there is any mortgage, charge, lien or encumbrance on the said property, all the parties will be liable for the same in proportion of their shares in the joint family properties. 3.     The Second party covenants with the first party as follows: a.     That the first party will enjoy the scheduled property peaceably and without any interference, interruption or disturbance by any member of the second party or anybody claiming through, under or in trust for it. b.    The title deeds in respect of the scheduled property and this deed will be produced at the request and cost of the first party for inspection and in evidence in legal proceedings and deliver the copies thereof. c.     That it will at the cost of the first party do every act or thing as may reasonably be required for further or more perfectly assuring the scheduled property to the first party or mutation of the name of the first party in land revenue and municipal records. 4.     It is further declared and agreed that the expression "First Party" and "Second Party" will include their heirs, successors, legal representatives, executors, administrators of the first party and of all the members of the second party. 5.     It is hereby declared that the value of the property mentioned in the Schedule hereto is Rs. ................ The Schedule above referred to IN WITNESS WHEREOF the parties have set their hands the day and year first above written. …….......................... ................................ ................................ WITNESSES; 1. 2. Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • Deed of Partial Partition Dividing the Joint Family Business only While Other Properties Remaining Joint

    Deed of Partial Partition Dividing the Joint Family Business only While Other Properties Remaining Joint. This Deed of Partial Partition is made on the ……….. day of ………………, BETWEEN AK, S/0 PG R/o ………………………. (hereinafter called “the first party”) of the first part, AG, s/o PG R/o …………………………..(hereinafter called “the second party” of the second part AND PK s/o PG, R/o ………………. (hereinafter called “the third party “) of the third party. Whereas the aforesaid three brothers constituted a Hindu undivided family and the said Hindu undivided family besides owning immovable properties carried on the business of General Stone Supplying CO. in the city of …………... And Whereas the said members of the said Hindu family desire to divide the aforesaid joint business of he joint family Stone Supplying Co. for smoothly and profitably running the business on partnership basis while keeping the other property of the said family joint and intact. NOW THIS DEED WITNESSES as follows: 1.     That all other properties of the Hindu undivided family of which the parties are constituents will remain intact and joint of the Hindu undivided family as no partition has been affected of it. Only the business of the family known as Stone Supplying Co. is partitioned. 2.     That the interest of the interest of the Hindu undivided family in the said firm of Stone Supplying Co. has been determined at Rs……………….. which is called capital of the said joint family firm according to balance sheet appended with this deed. 3.     That the said capital or Rs ………….. is now apportioned in equal shares amongst the parties hereto and accordingly Rs. ………… each has been credited in the personal accounts of each party in each has been credited in the personal accounts of each party in the books of the firm so that each party holds the said amount of Rs. …………. in severalty. 4.     That all the property of the said family firm of stone Supplying Co. has now been transferred to each party in equal shares severally. 5.     That the parties aforesaid covenant with each other to discharge severally all the liabilities and claims against the family business of Stone Supplying Co. 6.     That from this date the said family business of Stone Supplying Co. ceased to exist as joint family business. 7.     That the value of two equal shares amounts to Rs. …………… on which duty is paid. IN WITNESS WHEREOF the said parties have set their hands to this deed on the day and year first above mentioned. Witnesses: 1……………. (Sd/-_________________ (First Party) 2_______________ (Sd/-_________________ (Second Party) Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • Gift of Money to Grand Son

    Gift of Money to Grand Son Let it be Known to All by this Deed of Gift that I, …………….. S/o…………… R/o……………….. do, hereby, out of natural love and affection and also out of my free will and without any force, compulsion or undue influence, transfer an amount of Rs………….. to my grandson Mr……….. X ……… S/o……….. R/o……………. as he requires money for setting up a small scale industry of ……………………….. IN WITNESS Whereof, I have signed this deed of gift on ……………………. In presence of Witnesses: Sd/-Donor………. 1…………….. 2……………….. Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • Deed Evidencing Oral Partition

    Deed Evidencing Oral Partition This Memorandum of Partition is drawn upon the day of…………………, 2000, and puts on record the oral partition between AB etc, of the first part, CD etc; of the second part and EF etc. of the third part, sons of the late GH, resident of ………………..Road, in the city of……….. Whereas Gh died intestate on the…………….day of……………..,2000, leaving three sons, named above, entitled to the properties, movable and immovable, left by the GH. And Whereas difference and disputes arose between the said three sons who approached KL of……………to divide and distribute the properties between them. And Whereas the said KL on the………….day of……………., 2000 before the parties divided all the movable property in 3 equal shares as per list attached and allotted the first 10 times to AB and the next 8 items to CD and the remaining 12 items of EF all of whom accepted the said distribution ; And Whereas the said KL on the same day before the parties divided the entire house situated in …………………….………….and allotted the portion marked on the plan in red and coloured red to AB and the portion marked in blue and coloured blue in the same plan to CD and the small house situated at No. 10…………..Road in the city of…………..was allotted in its entirety to EF; And Whereas the parties have accepted the said partition as final, conclusive and binding upon them. WHEREFORE this memorandum of partition is drawn up before the parties and the arbitrator, who have subscribed their signatures thereto in order to signify the correctness of the facts mentioned above. IN WITNESS WHEREOF the parties aforementioned have executed this deed of partition on the ………………day of……………first abovementioned. Witnesses 1……………………. (Sd)…………………………. (AB) 2………………….. (Sd)……………………….. (CD) (Sd)………………………… (EF) Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • DEED OF PARTIAL PARTITION OF HINDU UNDIVIDE FAMILY PROPERTY IN RESPECT OF CERTAIN PROPERTY ONLY WHILE THE REST OF HINDU UNDIVIDED FAMILY CONTINUES TO BE JOINT

    DEED OF PARTIAL PARTITION OF HINDU UNDIVIDE FAMILY PROPERTY IN RESPECT OF CERTAIN PROPERTY ONLY WHILE THE REST OF HINDU UNDIVIDED FAMILY CONTINUES TO BE JOINT  THIS DEED FO PARTIAL PARTITION is made on the .. day of , BETWEEN SN, son of ON, resident of . (hereinafter called the first party) of the first part, AND PN, son of ON, resident of ., (hereinafter called second party) of the second part, AND PM, son of ON, resident of . (hereinafter called the third party) of the third part.  WHEREAS the said ON and his son the said SN, PN and PM form a Hindu undivided family, of Bombay and Poona, are desirous to partition the properties referred to in Schedule appointed to this deed without serving their Hindu undivided family Status.  NOW THIS DEED WITNESSES as follows :  1. Conveyance  (1)                 That the properties which the above parties are desirous to partition without severing their Hindu undivided family status are three houses in the city of Poona of equal valuation more fully described in the Scheduled appended with this deed. (2)                 That on the advice of the friends of the family the parties agreed to divide the said property amicably in lots and with this object the said ON prepared four equal lots of the said joint property and lots were accordingly drawn and the lots mentioned in the First, Second, Third and Fourth Schedules were drawn by the said ON, SN, PN and PM respectively. (3)                 That in pursuance of the aforesaid agreement the parties hereby agree and declare that the said ON, SN, PN, PM shall here in forth be separate owners of the properties mentioned in the each of them shall hold and enjoy the property so allotted to him in severalty and free and discharged from all claims and demands of the others thereto or concerning therewith, and all other properties belonging to the Hindu undivided family shall remain joint and intact as before as no partition of the Hindu undivided family has taken place amongst the parties.   1.                    Conveyance It is agreed between the parties as follows : (i)                   That there is no encumbrance or charge on the property hereby partitioned and that if any encumbrance or charge is found to attach to any part of such property, all the parties shall be liable for the same in proportion of their shares in the joint property. (ii)                 That the property hereby allotted to each party shall be entered upon and henceforth held in severalty by such party without any interruption or disturbance by the other party or any one claiming through, under or in trust for it. (iii)                That each party will at the cost of the person requiring the same do every such act or thing or may reasonably be required for further or more perfectly assuring the property hereby transferred by it to the other. (iv)               That the said ON shall have the custody of the deed together with the Schedules annexed thereto and will at the request and cost of the said parties produce the same for inspection and will produce the same in evidence. (v)                 That each of the parties hereto will at the request of the other produce for inspection by the other and produce in evidence in legal proceedings any title-deed or document in his possession and in any way affecting the title of the party requiring such production to the property hereby partitioned. (vi)               That whenever such interpretation would be necessary in order to give the fullest scope and effect legally possible to any covenant or contract herein contained the expressions, PN and PM hereinbefore used will include respectively their heirs, successors, representatives and assigns. 2.                    Value.-That the properties hereby partitioned are valued at Rs which have been divided in three equal parts.   Name and address Area of the Market value of the of property property property   IN WITNESS WHEREOF the said parties have set their hands to this deed of partial partition on the day and year first above mentioned.   Witnesses : 1.. (Sd) ( First Party) . 2  IN WITNESS WHEREOF the said parties have set their hands to this deed of partial partition on the day and year first above mentioned. 1 (Sd).. (First Part) (Sd).. (Second Party) (Sd).. (Third Party) Download Word Document In English. (Rs.50/-) Download PDF Document In Hindi. (Rs.50/-)

  • Deed of Partial Partition of Hindu Undivided Family Property In Respect of Certain Property only While The Rest of Hindu Undivided Family Continues to be Joint

    Deed of Partial Partition of Hindu Undivided Family Property In Respect of Certain Property only While The Rest of Hindu Undivided Family Continues to be Joint This Deed Fo Partial Partition is made on the …….. day of ………………, BETWEEN SN, son of ON, resident of ………………………………. (hereinafter called the first party’) of the first part, AND PN, son of ON, resident of ………………………., (hereinafter called ‘second party’) of the second part, AND PM, son of ON, resident of ………………………………. (hereinafter called the ‘third party’) of the third part. Whereas the said ON and his son the said SN, PN and PM form a Hindu undivided family, of Bombay and Poona, are desirous to partition the properties referred to in Schedule appointed to this deed without serving their Hindu undivided family Status. NOW THIS DEED WITNESSES as follows : 1.     Conveyance 1.     That the properties which the above parties are desirous to partition without severing their Hindu undivided family status are three houses in the city of Poona of equal valuation more fully described in the Scheduled appended with this deed. 2.     That on the advice of the friends of the family the parties agreed to divide the said property amicably in lots and with this object the said ON prepared four equal lots of the said joint property and lots were accordingly drawn and the lots mentioned in the First, Second, Third and Fourth Schedules were drawn by the said ON, SN, PN and PM respectively. 3.     That in pursuance of the aforesaid agreement the parties hereby agree and declare that the said ON, SN, PN, PM shall here in forth be separate owners of the properties mentioned in the each of them shall hold and enjoy the property so allotted to him in severalty and free and discharged from all claims and demands of the others thereto or concerning therewith, and all other properties belonging to the Hindu undivided family shall remain joint and intact as before as no partition of the Hindu undivided family has taken place amongst the parties. 1.     Conveyance It is agreed between the parties as follows :                       i.        That there is no encumbrance or charge on the property hereby partitioned and that if any encumbrance or charge is found to attach to any part of such property, all the parties shall be liable for the same in proportion of their shares in the joint property.                      ii.        That the property hereby allotted to each party shall be entered upon and henceforth held in severalty by such party without any interruption or disturbance by the other party or any one claiming through, under or in trust for it.                     iii.        That each party will at the cost of the person requiring the same do every such act or thing or may reasonably be required for further or more perfectly assuring the property hereby transferred by it to the other.                     iv.        That the said ON shall have the custody of the deed together with the Schedules annexed thereto and will at the request and cost of the said parties produce the same for inspection and will produce the same in evidence.                      v.        That each of the parties hereto will at the request of the other produce for inspection by the other and produce in evidence in legal proceedings any title-deed or document in his possession and in any way affecting the title of the party requiring such production to the property hereby partitioned.                     vi.        That whenever such interpretation would be necessary in order to give the fullest scope and effect legally possible to any covenant or contract herein contained the expressions, “ PN” and “PM” hereinbefore used will include respectively their heirs, successors, representatives and assigns. 2.     Value.- That the properties hereby partitioned are valued at Rs……………… which have been divided in three equal parts.   Name and address of property Area of the property Market value of the property     IN WITNESS WHEREOF the said parties have set their hands to this deed of partial partition on the day and year first above mentioned. Witnesses : 1………………………….. (Sd)……………… ( First Party) IN WITNESS WHEREOF the said parties have set their hands to this deed of partial partition on the day and year first above mentioned. 1…………………………                                                                      Sd)………….. (First Part) 2…………………………                                                                      Sd)……….. (Second Party) 3…………………………                                                                      Sd)……….. (Third Party) Download Word Document In English. (Rs. 20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Confirmation of Partition already made by the Members of Joint Hindu Family

    Confirmation of Partition already made by the Members of Joint Hindu Family 1.     This is to record and confirm that the properties mentioned in the First Schedule herein owned and belonging to the joint Hindu family consisting of A, son of ................. B, son of ................ C, son of ................. D, son of ................ E, son of ................. all resident of ................ were partitioned between the members of the joint Hindu family by metes and bounds on ................ in the presence of Shri ................ I son of ................. resident of ................ and Shri ............... son of ................ resident of ............... and the properties mentioned in the Second Schedule, Third Schedule, Fourth Schedule, Fifth Schedule and Sixth Schedule fell to the share of the A, E, C, D and E, respectively. 2.     This is also confirmed that all the members of the joint family have taken possession of the properties fell to their share and each of them has covenanted and assured with the other that (a) each member will be absolute and exclusive owner of the properties fell to his share and he will have no right, interest or title in the properties fell to the shares of other members, (b) each member will enjoy the properties fell to his share peaceably and without interruption or disturbance by the other member or any one claiming through, under or in trust for him, (c) each member will at the cost of the person requiring the same, do every such act or thing as may reasonably be required for further or more perfectly assuring the property transferred by him to the other. 3.     During the partition, it was declared and confirmed by all the members that there is no mortgage, charge, lien or encumbrance on the properties of the joint family and if any mortgage, charge, lien or encumbrance is found to attach to the properties or any part of the properties of joint Hindu family, all the members will be liable for the same in proportion of their share in the joint property. 4.     The title deeds relating to the joint family properties mentioned in the Second Schedule have been retained by A, who has covenanted with other members to produce the same for inspection and in evidence, at the request and cost of the member requesting for the same. 5.     All the members agreed that the partition shall not be open to challenge on any ground whatsoever. This writing has been executed for the purpose of confirmation and record of the partition effected as hereinbefore mentioned and all the members of the joint Hindu family have set their hands to this writing in the presence of witnesses to confirm the said partition and covenants made by them to the other members. The First Schedule above referred to The Second Schedule above referred to The Third Schedule above referred to The Fourth Schedule above referred to The Fifth Schedule above referred to The Sixth Schedule above referred to Dated this ................ day of ................ 2000. A……………… B……………… C……………… D……………… E……………… WITNESSES; 1 2 Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • Deed of Partition Dividing the Joint Family Business only While other Properties Remaining Joint

    Deed of Partition Dividing the Joint Family Business only While other Properties Remaining Joint Shri…….s/o………r/o…….(hereinafter called first party), and Shri ………..s/o……….. r/o……..(hereinafter called second party) Shri…….s/o………r/o…….(hereinafter called third party), and do hereby execute this Deed Of Partition between themselves on this ………………. Day of ……………… Whereas the aforesaid parties are real brothers comprising a Hindu undivided family which owns movable and immovable properties and a business in the name and style of……..at Bombay. And Whereas the aforesaid parties desire to effect a partial partition in order to divide only the aforesaid joint family business in the name and style of …………for smooth running of the aforesaid business on partnership basis at Bombay without touching the other joint family properties. NOW THIS DEED WITNESSETH as follows: 1.     That this partial partition is being effected only with regards to the family business being carried on in the name and style of……..at Bombay. 2.     That the entire capital of the aforesaid joint family form, according to balance sheet annexed herewith, has been assessed to be Rs.6 lacs. 3.     That the aforesaid capital is now divided in three equal shares of Rs.2 lacs each which has been credited in the personal accounts of each party in the books of the firm so that each party has the said amount of Rs.2 lacs separately. 4.     That thus the entire property of the aforesaid firm now stands transferred to each party in equal shares. 5.     That the aforesaid parties hereby agree with each other to pay and discharge severally all the debts, claims and liabilities of the aforesaid firm. 6.     That with the execution of this present deed of partition the aforesaid family business of …………ceases to exist as joint family business. 7.     That the duty is pay on a sum of Rs.4 lacs which is equal to two equal shares of the aforesaid two parties. IN WITNESS WHEREOF the aforesaid parties have signed this deed on the day and year first above written. Witnesses : 1……………………….. 2……………………….. Sd/- 1. First party 2. Second party 3. Third party Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • Family Arrangement

    Family Arrangement This Document of Arrangement of properties belonging to the family and its members by mutual and free consent of various members of the family made on (date) day of (month and Year) BETWEEN Shri, A, aged about 58 years, karta of the Hindu undivided family, Mrs. B, aged about 48 years, wife of the above Karta and a member of the said Hindu undivided family, Kumari ‘C’ aged about 32 years and Kumari ‘D’ aged about 34 years, both daughters of the Karta and members of the said Hindu undivided family and Shri ‘E’ aged about 32 years, son of the Karta and a member of the said Hindu undivided family. Whereas the above five persons constitute a joint family governed by Hindu Law owning various movable and immovable properties more particularly described in S.No . 1 to………………. Of Schedule A, 1 to……………….of Schedule ‘B’ and 1 to ……………….. of Schedule ‘C’ and 1 to ………………. Schedule ‘D’ attached hereto. and Whereas in view of the internal family quarrels amongst the family members, the members are not able to continue their joint enjoyment of the properties belonging to the family and therefore all the members have voluntarily and of their free will agreed to put an end to such a situation and have also agreed to certain stipulations hereinafter appearing: NOW THIS DOCUMENT WITNESSES as follows: 1.     The properties listed as in S.No . 1 to ______________ of Schedule A hereto shall go to the share of Miss. ‘C’ 2.     The properties listed as in S. No. 1 to ___________ of Schedule ‘B’ hereto shall go to the share of Miss. ‘D’. 3.     The properties listed as in S. No. 1 to______________ of Schedule “C’ hereto shall go to the share of Mr. ‘E’ 4.     That the properties listed in S.No . 1 to ______________ of Schedule ‘D’ shall continue to jointly vest in the ownership of the family whose income shall be enjoyed jointly by all the members of the family. 5.     That each of the above parties shall be entitled to the arrears of any rent or other incomes and shall be liable for any cesses and taxes upon properties which have gone to his/her share from the date of this arrangement and otherwise shall be entitled to deal with the properties as an absolute owner thereof. 6.     That each of the party shall enjoy, sell, transfer, convey or otherwise use or put to use the said properties going to his or her share. 7.     That each of the parties hereby agree that he has no right, title, interest or any other claims whatsoever on the properties allotted to any of the other members. IN WITNESS WHEREOF etc. Download Word Document In English. (Rs.15/-)

bottom of page