Sale of Land by one Person to himself and others as Partners by Shiva.

Sale of Land by one Person to himself
and others as Partners

THIS SALE is made the . . . . . . . . . day of . . . . . . . . ., 20 . . . . ., BETWEEN A. B., aged. . . . . . . . ., etc. (hereinafter called ‘‘the Seller’’) of the one part AND the said A. B., C. D., and E. F., aged . . . . . . . . ., etc. (hereinafter called ‘‘the Purchasers’’) of the other part.

WHEREAS the said A. B., C. D. and E. F., carry on the trade and business of . . . . . . . . . at. . . . . . . . ., as co-partners under the trade name and style of . . . . . . . . . . . .;

AND WHEREAS the said partnership is registered with the Registrar of Firms at . . . . . . . . ., under the provisions of the Indian Partnership Act and the said partners are shown therein as partners;

AND WHEREAS the said A. B. is the absolute owner in possession of the lands hereinafter described and has agreed to sell the same to the said A. B., C. D. and E. F. as partners of the said trading firm at the price of Rupees . . . . . . . . (Rs. . . . . . .) only;

NOW THIS DEED WINTESSES that in consideration of the sum of Rupees . . . . . . . . .(Rs. . . . . . .) only paid to the said A. B. by the said A. B., C. D. and E. F., out of the moneys of the said partnership, receipt whereof the said A. B. hereby acknowledges, the said A. B. as beneficial owner hereby conveys unto the said partnership ALL THAT PARCEL OF LAND, situate at. . . . . ., measuring from East to West . . . . . . . . . feet and from the North to the South . . . . . . . feet, and containing by admeasurement . . . . . . . square feet approximately, which plot of land is bounded on the North by . . . . . . ., on the South by . . . . . . . . ., on the East by. . .and on the West by . . . . . . . . .and is delineated and coloured red in the map attached hereto, TOGETHER WITH all buildings, trees, fences, hedges, ditches, ways, waters, liberties, privileges, easements and appurtenances whatsoever to the said plot or piece of land belonging or in any way appertaining or usually held or occupied therewith or reputed to belong or be appurtenant thereto TO HOLD the same UNTO the said A.B., C. D. and E. F. absolutely and forever as part of their partnership property.

IN WITNESS whereof the said A. B. has hereto signed at. . . . . , the day and the year first abovementioned.

Witness:                                                                       Sd. A. B.,

Seller.

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