Deed of Cancellation and Revocation of Power of Attorney

This Deed of Cancellation and Revocation of Power of Attorney is executed on this the _____ day of _______________ month of two thousand ten by (i) X & (ii) Yboth are sons of Md. Ayub Khan both of Village- Gazirchar, Police Station- Ashulia, District- Dhaka, hereinafter referred to as the Principals (which expression shall unless excluded by or repugnant to the context mean and include their legal heirs, legal representatives and assignees).Whereas the said Principals appointed the DHAKA BANK Limited, a scheduled bank incorporated under the Companies Act, 1994 and governed by the Banking Companies Act, 1991, carrying out its banking business having its Head Office situated at Biman Bhaban, 100 Motijheel Commercial Area, Dhaka-1000 alongwith one of its branch Offices namely “D.E.P.Z. Branch”, Zone Service Building, Room No. 48-51, Dhaka Export Processing Zone, Ganakbari, Savar, Dhaka, hereinafter referred to as the Bank (which expression shall unless excluded by or repugnant to the context mean and include its heirs, legal representatives and assignees) as an Attorney; and

Whereas the said Principals appointed the Bank to be its true and lawful Attorney by way of executing a Deed of Power of Attorney bearing No. 19736 dated 03.06.2009, registered in the Sub-Registry Office of Savar, Dhaka, to do, execute and perform all acts, deeds and things therein recited in its name and on its behalf relating to the property fully described in the schedule below;

AND WHEREAS it has now become necessary and/or expedient to revoke the power;

NOW KNOW ALL MEN BY THESE PRESENTS that the Principals hereby cancels the said Power of Attorney absolutely and completely revoke all powers or authority thereby and thereunder given to the said Bank either expressly or impliedly, to all intends and purposes, provided that nothing herein contained shall render invalid or ineffective any act, deed or thing lawfully and bona fide done or caused to be done by the said Bank under any by virtue of power given to it before the revocation thereof by these presents.

SCHEDULE OF THE PROPERTY REFERRED TO ABOVE

 All that piece and parcel of proportionate land measuring 12.37 (twelve point three seven) decimals, alongwith single storied 2nd class construction factory building, situated in the District: Dhaka, Police Station & Sub Registry Office- Savar, J. L. No. C.S. – 565, S.A – 80, R. S.-79, Mouza- Baipil, C,S. Khatian No. 95, S.A Khatian No. – 224, R.S. Khatian No – 172, C.S & S.A. Dag No: – 310, R.S. Dag No. – 861, butted and bounded by:

On the North     :  Road

On the South     :  East West Property Development Limited (Plot No. 130 & 131).

On the East       :  East West Property Development Limited (Plot No. 116).

On the West     :  East West Property Development Limited (Plot No. 118);

alongwith all structures and buildings constructed or to be constructed thereon together with all rights, interests, title, easement, benefit etc. attached thereto or appertaining to the land.

IN WITNESSES WHEREOF, THE PRINCIPALS HEREUNTO PUT THEIR SIGNATURES ON THE DAY, MONTH AND YEAR MENTIONED AS ABOVE.

___________________________

(X)

 ___________________________

(Y)

Signature of the Principals

IN WITNESSES:

1. Name & Signature                                         Drafted by:

Address:

For: The Lawyers & Jurists

M.L.Hotel Tower Ltd,

208,Shahid Syed Nazrul Islam Sarani,

Bijoy Nagar, Dhaka-1000.

Email-admin@lawyersnjurists.com/nomaer@hotmail.com

www.lawyersnjurists.com

2. Name & SignatureAddress:                                                                                                                                           

BEFORE THE SUB-REGISTRAR, ___________________

 AFFIDAVIT

 We, (i) X & (ii) Y both are sons of Md. Ayub Khan both of Village- Gazirchar, Police Station- Ashulia, District- Dhaka, do hereby solemnly affirm and state as follows:

 That we are the sole owners of the property and no one has any share in the said property. That the property is not mortgaged or encumbered with any body corporate or person other than the said bank i. e. Dhaka Bank Limited, DEPZ Branch. Further it is not a public khas/vested property or abandoned or it has not been vested upon the government. That if any of the declarations made herein by us is ever found to be not correct, we shall be held liable for any such mistake or misrepresentation. That if in future any defect in the description of the Scheduled Property is found, we agree to execute and register a fresh deed or deed of rectification/declaration as would be required in order to make corrected the deed.

 THE STATEMENTS MADE ABOVE ARE TRUE TO OUR KNOWLEDGE AND BELIEFS AND IN VERIFICATION WHEREOF, WE HAVE SIGNED THIS AFFIDAVIT ON THIS THE _____ DAY OF ______ _______, 2008 OF CHRISTIAN ERA, BEFORE THE SUB-REGISTRAR.

 __________________________

Deponents

 That the Deponents are known

to me, identified by me and

signed in my presence.

________________________

Identifier

Disclaimer:

The information contains in this web-site is prepared for educational purpose. This site may be used by the students, faculties, independent learners and the learned advocates of all over the world. Researchers all over the world have the access to upload their writes up in this site. In consideration of the people’s participation in the Web Page, the individual, group, organization, business, spectator, or other, does hereby release and forever discharge the Lawyers & Jurists, and its officers, board, and employees, jointly and severally from any and all actions, causes of actions, claims and demands for, upon or by reason of any damage, loss or injury, which hereafter may be sustained by participating their work in the Web Page. This release extends and applies to, and also covers and includes, all unknown, unforeseen, unanticipated and unsuspected injuries, damages, loss and liability and the consequences thereof, as well as those now disclosed and known to exist.  The provisions of any state’s law providing substance that releases shall not extend to claims, demands, injuries, or damages which are known or unsuspected to exist at this time, to the person executing such release, are hereby expressly waived. However the Lawyers & Jurists makes no warranty expressed or implied or assumes any legal liability or responsibility for the accuracy, completeness or usefulness of any information, apparatus, product or process disclosed or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product process or service by trade name, trade mark, manufacturer or otherwise, does not necessarily constitute or imply its endorsement, recommendation or favouring by the Lawyers & Jurists. The views and opinions of the authors expressed in the Web site do not necessarily state or reflect those of the Lawyers & Jurists. Above all, if there is any complaint drop by any independent user to the admin for any contents of this site, the Lawyers & Jurists would remove this immediately from its site.