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Sale Deed By Liquidator In The Voluntary Winding Up Of The Company - Legal Draft

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Category : Agreements Sale

This Sale Deed made

at ...................... on this ................... day of ..................

2000, between Shri ....................... Voluntary LIQUIDATOR of XYZ Co.

Ltd., a Company incorporated under the Companies Act, 1956 and having its

registered office at .......................... and hereinafter called the said

company and at present in voluntary liquidation, (hereinafter called the

Vendor) of the ONE PART and Shri A, son of E, resident of

....................... (hereinafter called the Purchaser) of the OTHER PART.

Whereas By a special

Resolution passed by the said company at a general meeting held on

............... it was resolved that the company be voluntarily wound up and

Shri ....................... was appointed as its LIQUIDATOR, the notice

whereof was duly submitted to the Registrar of Companies ............... as

prescribed by law on .............................

And Whereas in a

meeting of the members of the said Company, it was resolved that the properties

of the company mentioned in the Schedule hereto be sold by the LIQUIDATOR

through public advertisements in the leading newspapers and pursuant to the

said resolution, the LIQUIDATOR has advertised the sale of the said properties

in the issues of ........................ ......................... and

................................ pursuant thereto has agreed to sell the said

properties to the Purchaser vide Agreement for sale dated ....................

for a consideration of Rs. ................

NOW THIS SALE DEED

WITNESSETH that in pursuance of the aforesaid agreement and in consideration of

the sum of Rs. ........... paid by the Purchaser before the Sub-Registrar at the

time of registration of these presents, (the receipt whereof the vendor hereby

acknowledges) the Vendor on behalf of the company hereby convey, transfer and

sell unto the Purchaser, his heirs, legal representatives, executors and

assigns all those properties mentioned in the Schedule hereto together with all

rights, easements, liberties, interests and appurtenances attached to and

appurtenant to the said properties or enjoyed therewith and free from all

encumbrances and charges TO HAVE AND TO HOLD the same UNTO THE PURCHASER

absolutely and forever.

Vendor

as LIQUIDATOR in the name and on behalf of the company hereby covenants with

the Purchaser as follows:

a. The Vendor has the

good title to convey, transfer and sell the said properties to the Purchaser.

b. The Purchaser shall

have quiet and peaceful enjoyment of the said properties free from any

disturbance, interference or obstruction by the Vendor or by the company or any

person or persons claiming or through them.

c. The Vendor and the

company will execute any further deeds of assurance that may be necessary in

order to perfect the title of the Purchaser in favour of the Purchaser at his

request and cost, as shall or may be reasonably required.

d. The Vendor and the

company have delivered the physical possession of the properties and title

deeds in respect thereto before the execution and registration of these

presents.

IN WITNESS WHEREOF

the parties aforementioned have set and subscribed their hands to this deed of

sale on the day and year first aforementioned.

Schedule above

referred to

Signed and delivered

by Shri A,

the within named

Vendor

Signed and delivered

by Shri ...........................

the within named

Purchaser

WITNESSES;

  1. 1.

This Sale Deed made

at ...................... on this ................... day of ..................

2000, between Shri ....................... Voluntary LIQUIDATOR of XYZ Co.

Ltd., a Company incorporated under the Companies Act, 1956 and having its

registered office at .......................... and hereinafter called the said

company and at present in voluntary liquidation, (hereinafter called the

Vendor) of the ONE PART and Shri A, son of E, resident of

....................... (hereinafter called the Purchaser) of the OTHER PART.Whereas By a special

Resolution passed by the said company at a general meeting held on

............... it was resolved that the company be voluntarily wound up and

Shri ....................... was appointed as its LIQUIDATOR, the notice

whereof was duly submitted to the Registrar of Companies ............... as

prescribed by law on .............................And Whereas in a

meeting of the members of the said Company, it was resolved that the properties

of the company mentioned in the Schedule hereto be sold by the LIQUIDATOR

through public advertisements in the leading newspapers and pursuant to the

said resolution, the LIQUIDATOR has advertised the sale of the said properties

in the issues of ........................ ......................... and

................................ pursuant thereto has agreed to sell the said

properties to the Purchaser vide Agreement for sale dated ....................

for a consideration of Rs. ................NOW THIS SALE DEED

WITNESSETH that in pursuance of the aforesaid agreement and in consideration of

the sum of Rs. ........... paid by the Purchaser before the Sub-Registrar at the

time of registration of these presents, (the receipt whereof the vendor hereby

acknowledges) the Vendor on behalf of the company hereby convey, transfer and

sell unto the Purchaser, his heirs, legal representatives, executors and

assigns all those properties mentioned in the Schedule hereto together with all

rights, easements, liberties, interests and appurtenances attached to and

appurtenant to the said properties or enjoyed therewith and free from all

encumbrances and charges TO HAVE AND TO HOLD the same UNTO THE PURCHASER

absolutely and forever.1.2.

Vendor

as LIQUIDATOR in the name and on behalf of the company hereby covenants with

the Purchaser as follows:a. The Vendor has the

good title to convey, transfer and sell the said properties to the Purchaser.b. The Purchaser shall

have quiet and peaceful enjoyment of the said properties free from any

disturbance, interference or obstruction by the Vendor or by the company or any

person or persons claiming or through them.c. The Vendor and the

company will execute any further deeds of assurance that may be necessary in

order to perfect the title of the Purchaser in favour of the Purchaser at his

request and cost, as shall or may be reasonably required.d. The Vendor and the

company have delivered the physical possession of the properties and title

deeds in respect thereto before the execution and registration of these

presents.IN WITNESS WHEREOF

the parties aforementioned have set and subscribed their hands to this deed of

sale on the day and year first aforementioned.Schedule above

referred toSigned and delivered

by Shri A,the within named

VendorSigned and delivered

by Shri ...........................the within named

PurchaserWITNESSES;1.2.


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