Sale by Receiver of Insolvent’s Property by Shiva.

Sale by Receiver of Insolvent’s Property

Sale deed made this . . . . . . . day of . . . . . . . 20 . . . . . ., by A.B., (Vendor) Receiver of the estate of X. Y., son of . . . . . . . . . of . . . . . ., an insolvent, of the one part; and C. D., son of . . . . . . . . . of . . . . . . . . . . . . . (Purchaser) of the other part:

WHEREAS by an order dated the . . . . . . . . . day of . . . . . . . . . 20 . . . . ., the said X. Y. was adjudicated an insolvent and the said A. B. was appointed the Receiver of his estate;

AND WHEREAS the said A. B. as such Receiver has agreed to sell to the said C. D. the premises hereinafter described, being a part of the estate of the said X. Y., for the sum of Rs . . . . . . . . (in words, rupees . . . . . . .) free from encumbrances and absolutely:

NOW THIS INSTRUMENT WITNESSES that in consideration of the sum of Rs. . . . . . .(in words, rupees. . . . . .) now paid by the said C. D. to the said A. B. (the receipt whereof the said A. B. hereby acknowledges) the said A. B. as Receiver and in virtue of the powers conferred upon him in that behalf of Section 59 of the Provincial Insolvency Act, 1920, and of every or any other power enabling him in that behalf, hereby calls and conveys to the said C. D. ALL that house with land No. . . . . . . . . . situate at . . . . . . . . . Road in the city of . . . . . . . . . in the District of . . . . . . . . .(with the boundaries thereof more particularly described in the Schedule hereto): To hold the same to and to the use of the said C. D. absolutely and forever.

The Schedule above referred to.

Description of the Property hereby sold.

All that house with land measuring . . . . . . . . . together with all the buildings thereon and the appurtenances, fixtures and fittings thereto bearing municipal No. . . . . . . . . of . . . . . . /Road/Mohalla/in the town of. . . . . . . . .and bounded as follows:

On the North by . . . . . . . . . . . . . . . . . .

On the South by . . . . . . . . . . . . . . . . . . .

On the East by . . . . . . . . . . . . . . . . . .and

On the West by . . . . . . . . . . . . . . . . . .

IN WITNESS WHEREOF the abovenamed A.B. has executed this instrument on the date first hereinabove mentioned.

Sd. A. B.

Witnesses:                                                                    Vendor.

1. . . . . . . . . . . .

2. . . . . . . . . . . .

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