1 May 2011

STATEMENT OF TRANSFER OF IMMOVABLE PROPERTY FOR OBTAINING NO-OBJECTION CERTIFICATE FROM APPROPRIATE AUTHORITY, INCOME-TAX DEPARTMENT

Form No. 37-1

Statement of transfer of immovable property to be furnished to the appropriate authority under section 269UC

I/We........................................................................................................... [name(s) and addresses) of the transferor(s]

intend to transfer the immovable property located at ............................................... to .....................................................................................................................

[name(s) and addresses) of the transferee(s)]

The total apparent consideration for the transfer of the above property

is.................. (in words)

[............................]. The particulars of the agreement for transfer of the said

(in figures)

property are furnished in the annexure to the statement.

Verification

In my/our opinion and to the best of my/our knowledge and information, the particulars furnished above and in the Annexure hereto are true and correct.

Transferor(s) Transferee(s)

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

S/o, D/o, W/o S/o, D/o, W/o

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

S/o, D/o, W/o S/o, D/o, W/o

3. .................................... .........................

S/o, D/o, W/o S/o, D/o, W/o

Note: Any change in the address of the transferor(s) or the transferees) should be communicated in writing immediately to the appropriate authority to whom this statement of transfer has been furnished.

ANNEXURE

Particulars of the agreement for transfer of immovable property

1. Particulars of the transferor(s):-

(i) Name(s) ..............

(ii) Father's name ..............

(iii) Present address(es) ...............

(a) Lane/Street No., with name ...............

(b) Locality ...............

(c) City/Town with pin code ...............

(d) District ................

(e) State ...............

(f)Telephone No., if any ...............

(iv) Permanent address(ies) …...........

(a) Lane/Street No. with name ...............

(b) Locality ...............

(c) City/Town with pin code ...............

(d) State ...............

(e) Telephone No., if any …............

(v) PAN/Ward/City/District where assessed to income-tax ..............

2. Particulars of the transferee(s):-

(i)Name(s) ............

(ii) Father's name .............

(iii) Present address(es) ..............

Lane/Street No., with name ...............

(b) Locality ...............

(c) City/Town with pin code ...............

(d) District ...............

(e) Telephone No., if any ...............

(iv) Permanent address(es) .............

(a) Lane/Street No., with name .............

(b) Locality ...............

(c) City/Town with pin code ...............

(d) District ...............

(e) Telephone No., if any ...............

(v) PAN/Ward/City/District where assessed to income-tax ...............

3. Persons in occupation of the property sought to be transferred and details thereof-.-

.....................................................................................................

.....................................................…............................................

..............................................……...…..........................................

4. Persons interested in the property and in the consideration specifying their shares and basis thereof:-

(i) ....................................................................................................

(ii) ....................................................................................................

(iii) ..................................................................................................

5. Mode of acquisition of the property by the transferor.-

(i) Please state whether the property has been constructed/purchased/ acquired on distribution of assets on the total or partial partition of HUF/under a gift or will/by acquisition, inheritance or devolution/on any distribution of assets on the dissolution of firm, body of individuals or other association of persons/on any distribution of assets an the liquidation of a company/under a transfer to a revocable or irrevocable trust/under any transfer by a shareholder in a scheme of amalgamation;

(ii) Cost of acquisition of the property by the transferor or by the previous owner if the prop" has been acquired under other modes mentioned above;

(iii) Date of acquisition of property by the transferor.

6. Date of written agreement for transfer of the said property (A copy of the agreement may please be enclosed).-

7. Details of the property sought to be transferred:-

Description, location and other particulars of the property sought to be transferred.

(i) Land;

(ii) Building(s);

(iii) Plant and machinery;

(iv) Furniture and fixtures attached;

(v) Other assets.

8. Nature of interest or right proposed to be transferred, please indicate whether the property consists of

(i) ownership, or

(ii) membership of co-operative society, or association of persons, or a company (Please indicate the number of shares and their value), or

(iii) lease, or

(iv) right to possession taken or retained in part performance of a contract of the nature referred to in section 53A of the Transfer of Property Act, 1882 or any agreement or arrangement of whatever nature.

9. Particulars of consideration for transfer:-

(i) If the transfer is by sale, please state the consideration as per the agreement for transfer of various assets:

................................................................................................

..............……............................................................................

.................................................................…............................

...........................................................……...............................

(ii) If the transfer is by way of exchange for a thing(s), please state the price that such thing(s) would fetch on sale in the open market on the date of agreement for transfer;

(iii) If the transfer is by way of exchange for a thing(s) and a sum of money, please state the price that such thing(s) would fetch on sale in the open market on the date of agreement for transfer and such sum of money;

(iv) If the transfer is by way of lease, please state:

(a) the period of lease,

(b) the amount of premium,

(c) the frequency of premium to be paid,

(d) if the lease is in consideration of rent only, please state the aggregate of the money(s) payable by way of rent; and the amounts for services or things forming part of, or constituting, the rent,

(e) if the lease is in consideration for premium and rent, please state the aggregate of the amount of the premium, the rent and the amounts for services, or things forming part of, or constituting, the rent.

(v) If the whole or a part of the consideration for transfer is payable on any date failing after the date of agreement for transfer, please state:-

(a) date of agreement for transfer of the property,

(b) date(s) on which consideration is payable,

transfer as per rule 48-1.

(vi) In a case not covered by items (i) to (v), please state the amount of consideration:-

10. Address of the Registrar where the agreement is required to be registered:-

........................ .................

Signature Signature

Transferor(s) Transferee(s)

Notes

1. Where the space for furnishing the details in the Form is not adequate, separate sheets may be attached.

2. The statement in the Annexure can be either in Hindi or in English.

SALE OF PROPERTY TO VARIOUS PURCHASERS IN DIFFERENT PORTIONS

SALE OF PROPERTY TO VARIOUS PURCHASERS

IN DIFFERENT PORTIONS

THIS Deed of Sale made at ................... this........... day of ..........…….., 2000, Between A, son of ............................... resident of ............................. (hereinafter called the Vendor) of the ONE PART and (i) Shri B, son of ........................................ resident of ....................... (ii) Shri C, son of .............................. resident of .................... (iii) Shri D, son of ..................................... resident of ........................ (hereinafter collectively called the Purchasers) of the OTHER PART.

WHEREAS the Vendor is the absolute owner of the property more particularly described in the Schedule 1 hereto.

AND WHEREAS the Vendor has agreed to sell to Purchasers the said property in different portions mentioned against the names of several Purchasers in column No. 2 of the Schedule 11 hereto and for the prices specified in column No. 3 thereof.

THIS DEED OF SALE WITNESSETH that in pursuance of the said agreement and in consideration of the total sum of Rs. .................. paid by the Purchasers in the proportion mentioned against their names in Column 3 in the Schedule hereto before the Sub-Registrar at the time of registration of these presents (the receipt whereof the Vendor hereby acknowledges) the Vendor as sole and absolute owner hereby grants, conveys, transfers and sells to the purchasers all that property described in the Schedule 1 hereto with all lands, structures, other offices and other buildings attached hereto and all rights, interests, privileges and appurtenances held or enjoyed with or appurtenant to the same or reputed or known so to be TO HAVE AND TO HOLD the same unto the Purchasers in portions as specified against their names in column 2 of the Schedule 11 hereto and such portions shown in separate colours on the map hereto annexed.

AND THE VENDOR hereby covenants with the Purchasers that he or his heirs/legal representatives, executors or assigns will at all time hereafter a@ the request and cost of the Purchasers do and execute all such acts, things and deeds as may be reasonably required more effectively to transfer and assure the property hereby conveyed, transferred and sold to the Purchaser.

IN WITNESS WHEREBY the parties have hereunto set and subscribed their respective hands on the day and year first aforementioned in the presence of:

Schedule 1 above referred to (Description of property to be sold) Schedule 11 above referred to (Name of the purchasers, portions of the property the purchasers will purchase and the price paid by them)

WITNESSES

1. Vendor ............................

2. Purchaser .......................

SALE OF PROPERTY TO VARIOUS PURCHASERS AS TENANTS-IN-COMMON

SALE OF PROPERTY TO VARIOUS PURCHASERS

AS TENANTS-IN-COMMON

THIS Deed of Sale made at ....................... this ............ day of.............., 2000, between A, son of.......................... resident of ........................................ (hereinafter referred to as i.e. Vendor) of the ONE PART and (i) B, son of ............................... resident of .............................. (ii) C, son of ………….............. resident of …….......................... (iii) D, son of ........................ resident of ........................... (hereinafter collectively referred to as the Purchasers) of the OTHER PART.

THIS DEED WITNESSETH AS FOLLOWS:

In consideration of Rs..................... paid to the Vendor by the Purchaser in equal shares (the receipt whereof the Vendor hereby acknowledges), the Vendor hereby grants, conveys, transfers and sells to the Purchasers all that property described in the Schedule hereto, to have and to hold the same unto the Purchasers as absolute owners in equal shares tree from encumbrance or charge.

AND THE VENDOR COVENANTS with the Purchasers that they, the Purchasers may at all times hereafter possess the said property and enjoy the said property hereby conveyed, transferred and sold to them without any obstruction, interference or hindrance by or on behalf of the Vendor or any person or persons claiming under or through him.

AND THE VENDOR at any time hereafter at the request and cost of the Purchasers do and execute all such acts, things and deeds as may be reasonably required more effectively to transfer and assure the property hereby sold, transferred and conveyed to the Purchasers.

IN WITNESS WHEREOF the parties have hereto set and subscribed their respective hands on the day and year first abovementioned.

The Schedule above referred to

WITNESSES

1 . Vendor ............................

2. Purchaser ........................

SALE OF A HOUSE BY AN EXECUTOR APPOINTED UNDER WILL

THIS Deed of Sale made at .................. this ............. day of …………, 2000 by A, son of B, resident of ....................... appointed as executor under the will dated ...................... executed by Shri ................ (hereinafter called the Vendor) in favour of Shri C, son of ..................... resident of ……........................ (hereinafter called the Purchaser).

WHEREAS C was absolutely seized and possessed of or well and sufficiently entitled to the house bearing Municipal No ................... situated on .................... Road . ................... City, more particularly described in the Schedule hereto.

AND WHEREAS the said C executed his last will and testament on ................. wherein the Vendor herein has been appointed as an executor.

AND WHEREAS the said Vendor obtained the probate of the said will on .................. from the Court of ........................ at ......................

AND WHEREAS in terms of the said Will, the legacies denoted in the said Will and testament have to be paid, which is not possible to pay without selling a part of the estate left by the deceased.

AND WHEREAS as the house mentioned in the Schedule herein was being used by the deceased alone and after his death, the house is lying vacant and the sons and daughters of the deceased are well settled outside .................................... and therefore the Vendor desired the said house to be sold to pay the legacies described in the WILL.

AND WHEREAS the Vendor has agreed to sell and the Purchaser has agreed to purchase the said house for a price of Rs.................. vide agreement dated .............................

NOW THIS SALE DEED WITNESSETH THAT in pursuance of the said agreement and in consideration of the sum of Rs. ...................... out of which a sum of Rs. ........................ has been paid by the Purchaser on ........................ as earnest money (the receipt whereof the Vendor hereby acknowledges) and the payment of balance amount of Rs ......................... made by the Purchaser before the Sub- Registrar at the time of registration of these presents (the receipt whereof the Vendor hereby acknowledges), the Vendor hereby sells, conveys and transfers to the Purchaser All that residential house bearing Municipal No........................ situated on ...................... Road . ..................... City, more particularly described in the Schedule hereto together with all lands, structures, and other buildings attached thereto, and all rights, privileges easements, and appurtenances held or enjoyed with or appurtenant to the same or reputed or known so to be to have and to hold the same unto the Purchaser as absolute owner thereof free from encumbrances.

(2) The Vendor has delivered the possession of the house and title Deeds in respect of the said house to the Purchaser before the Presentation of this deed for registration.

IN WITNESS WHEREOF the parties hereunto set and subscribed heir respective hands on the day and year first above mentioned.

WITNESSES

Vendor ............................

Purchaser ........................

The Company act, 1956

Pages

1 May 2011

STATEMENT OF TRANSFER OF IMMOVABLE PROPERTY FOR OBTAINING NO-OBJECTION CERTIFICATE FROM APPROPRIATE AUTHORITY, INCOME-TAX DEPARTMENT

Form No. 37-1

Verification

Notes

SALE OF PROPERTY TO VARIOUS PURCHASERS IN DIFFERENT PORTIONS

SALE OF PROPERTY TO VARIOUS PURCHASERS

SALE OF PROPERTY TO VARIOUS PURCHASERS AS TENANTS-IN-COMMON

SALE OF A HOUSE BY AN EXECUTOR APPOINTED UNDER WILL

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