You are on page 1of 18

(by the Transferor)

AFFIDAVIT

I, M/s. Indiabulls Commercial Credit Limited, a company incorporated under the provisions of
the companies Act,2013 having its registered office at M-62&63, First Floor, Connaught Place,
New Delhi-110001, through its authorized signatory Mr. duly authorized vide
boards resolution date 23/Aug/2021, do hereby solemnly affirm and declare as under:

1. That I along with M/s. Indiabulls Commercial Credit Limited, a company


incorporated under the provisions of the companies Act,2013 having its
registered office at M-62&63, First Floor, Connaught Place, New Delhi-
110001, through its authorized signatory Mr. duly authorized
1
vide boards resolution date 23/Aug/2021. is/are the current allottee/s of
Apartment/ Villa/Plot bearing No. OC-VV-B-29-05 measuring 5437 sq. ft./sq. yd.
approximately2 in Ireo victory valley project at sector-67 (“Apartment/ Villa/Plot”)
of M/s. _____________________ (hereinafter referred to as “Company” which term
includes it associated, collaborative and group companies) vide the following
documents :-

(i) Original payment receipt dated _______________________,


(ii) Allotment Offer Letter dated _______________________________,
(iii) Apartment/Villa/Plot3 Buyer’s Agreement dated______________ (“Apartment/
Villa/Plot Buyer’s Agreement”),

2. That no one else, including my family members or my legal representative have any
right, title or interest in the said Apartment/Villa/Plot, whether directly or indirectly.

3. That I have assigned, transferred and conveyed all my rights and obligations in the said
Apartment/Villa/Plot in favour of my nominee, M/s. Wavenet Solutions Private
Limited, a company incorporated under the provisions of the Companies Act, 1956
having its registered office at S 231, GF, Uppal Southend, Sohna Road, Sector 49,
Gurugram, Haryana 122018, through its director Mr. Sanjay Charanlal Bisen.
(hereinafter referred to as the ”Nominee(s)”) finally and irrevocably and have duly
received the entire agreed consideration from the said Nominee(s).

4. That I have surrendered/released/assigned/transferred all my rights in the said


Apartment/Villa/Plot as existing heretofore, in favor of my said Nominee(s) on the
terms and conditions contained in the Nomination/ Transfer Agreement dated__________
1

3
duly executed by both of us and also by endorsement in favor of the said Nominee(s) on
the back of the above said original documents.

5. That I along with ______________ 4have received a total sum of Rs. _____________
(Rupees___________________ ______________ only) from the said Nominee(s) consisting of a
sum of Rs._____________ on account of the payments already made by me to Company
under the said Apartment/Villa/Plot Buyer’s Agreement and the balance amount of
Rs._____________ on account of premium.

6. That I confirm that neither I nor my family/legal representatives are hereafter left with
any right, title or interest of any kind whatsoever in the said Apartment/Villa/Plot.

7. That I shall not make any claim for any delay in handing over possession or delay
compensation or any rebate under a scheme or otherwise or any other discount, by
whatever name called, from the Company.

8. That the said Apartment/Villa/Plot has not been mortgaged with any bank as no loan is
being availed by me from any Bank or Financial Institutions. /That I have obtained NOC
from the __________Bank which had advanced me the loan against a lien on the said
Apartment/Villa/Plot and I have fully discharged the said loan and no claim is
outstanding against me from the said Bank.5

9. That I have executed an Indemnity Bond-cum-Undertaking in favor of Company


whereby I have agreed to remain bound and to indemnify Company to the fullest extent
in the event of any claim/dispute that may arise as a result of this transfer, including but
not limited to all legal costs, taxes, duties, stamp duty, registration expenses, damages
etc.

Date: DEPONENT

Place:

VERIFICATION:

I, the above-named Deponent, do hereby verify that the contents of above affidavit are true to
my knowledge and correct to the best of my belief. No part of it is false and no material fact has
been concealed by me therefrom.

Verified at _________ on this ____ day of _________, 20__

DEPONENT

4
Delete if not applicable
5
Strike out whichever is not applicable
(by the Transferee)

AFFIDAVIT

I, M/s. Wavenet Solutions Private Limited, a company incorporated under the provisions of
the Companies Act, 1956 having its registered office at S 231, GF, Uppal Southend, Sohna
Road, Sector 49, Gurugram, Haryana 122018, through its director Mr. Sanjay Charanlal
Bisen. aged about _____ , do hereby solemnly affirm and declare as under:

1. That I along with M/s. Wavenet Solutions Private Limited, a company incorporated
under the provisions of the Companies Act, 1956 having its registered office at S 231,
GF, Uppal Southend, Sohna Road, Sector 49, Gurugram, Haryana 122018, through its
director Mr. Sanjay Charanlal Bisen 6have purchased/acquired the rights of the
current allottee/s i.e. M/s. Indiabulls Commercial Credit Limited , a company
incorporated under the provisions of the companies Act,2013 having its registered
office at M-62&63 , First Floor , Connaught Place, new delhi-110001, through its
authorized signatory Mr.___________________________duly authorized vide boards resolution
date 23/Aug/20217 in the Apartment/Villa/Plot bearing No. OC-VV-B-29-05 measuring
5437 sq.ft./sq.yd. approx.8 in IREO VICTORY VALLEY project at SECTOR-
67(“Apartment/ Villa/Plot” )of M/s._____________________________hereinafter referred to as
“Company” which term includes it associated, collaborative and group companies)
under the Apartment/Villa/Plot Buyer’s Agreement dated_______________ (“Apartment/
Villa/Plot Buyer’s Agreement”), after making payment of entire agreed consideration to
Company.

2. That I along with Mr./Mrs./Ms._______________________have taken possession of the


following original documents:
a. Original payment receipt dated _______________________,
b. Allotment Offer Letter dated ______________________________,
c. Apartment /Villa/Plot Buyer’s Agreement dated______________,

3. That I have carefully read over the said Apartment/Villa/Plot Buyer’s Agreement and I
consent without any reservation whatsoever to be bound thereunder.

4. That I hereby forego and waive my right to receive any compensation for delay in
handing over possession or any rebate under a scheme or otherwise or any other
6
Delete if not applicable
7
Delete if not applicable
8
Strike out whichever is not applicable
discount, by whatever name called, from the Company and to this extent the
Apartment/Villa/Plot Buyer’s Agreement shall stand modified from this day henceforth.

5. That I understand and affirm, based on my personal knowledge and legal advice
obtained by me, that there is no legal incapacity or impediment in effecting the
nomination/transfer/assignment of the rights and obligations from the above
mentioned Mr./Mrs./Ms._______________________________ under the said
Apartment/Villa/Plot Buyer’s Agreement in my favor.

6. That I along with Mr./Mrs./Ms.___________________________ have paid a total sum of Rs.


_____________ (Rupees___________________ ______________ only) to the current allottee/s i.e.
Mr./Mrs./Ms._____________________________________and Mr./Mrs./Ms.___________________________
consisting of sum of Rs._____________ on account of the payments already made by
him/her to Company under the said Apartment/Villa/Plot Buyer’s Agreement and the
balance amount of Rs._____________ on account of premium.

7. That in the event of any misrepresentation, illegality or violation of the said


Apartment/Villa/Plot Buyer’s Agreement, the nomination/transfer/assignment of the
Apartment/Villa/Plot, in my favor, will be liable to be cancelled and the Apartment
/Villa/Plot will revert to Company, subject only to my right to secure refund of amounts
actually paid by me, after deduction of Earnest Money without any interest. No other
claim whatsoever shall lie against Company.

8. That I have executed an Indemnity Bond-cum-Undertaking in favour of Company


whereby I have agreed to remain bound and to indemnify the Company to the fullest
extent in the event of any claim/dispute to the contrary, including legal costs, stamp
duty and registration expenses that Company may incur.

DEPONENT

VERIFICATION:

I, the above-named Deponent, do hereby verify that the contents of my above affidavit are true
to my knowledge and correct to the best of my belief. No part of it is false and no material fact
has been concealed by me therefrom.

Verified at _________ on this ____ day of _________, 20__.

DEPONENT
(by the Transferor)

INDEMNITY BOND-CUM-UNDERTAKING

THIS INDEMNITY BOND-CUM-UNDERTAKING is made on this the ____day of_____, 2021 by M/s.
Indiabulls Commercial Credit Limited, a company incorporated under the provisions of
the companies Act,2013 having its registered office at M-62&63, First Floor, Connaught
Place, new delhi-110001, through its authorized signatory Mr. duly
9 10
authorized vide boards resolution date 23/Aug/2021 (hereinafter collectively referred
to as the “Indemnifier” which expression shall include his/her/their heirs, successors,
executors, administrators and assigns) of the ONE PART;

IN FAVOUR OF

M/s. __________________________, a company incorporated under the Companies Act, 1956 having its
registered office at _________________ (hereinafter referred to as the “Beneficiary”, which
expression shall, unless repugnant to the context thereof, be include its successors,
administrators, nominees and assigns) of the OTHER PART.

WHEREAS:

A. The Indemnifier has entered into and is the current allottee under the
Apartment/Villa/Plot Buyer’s Agreement dated ________ with the Beneficiary
_______(“Apartment/Villa/Plot Buyer’s Agreement”) for purchase of an
Apartment/Villa/Plot bearing no. OC-VV-B-29-05 admeasuring 5437 sq. ft. /sq. yd. in
IREO VICTORY VALLEY Project at SECTOR-67 (“ Apartment/Villa/Plot”).

B. Out of the total consideration and other charges payable in accordance with the said
Apartment/Villa/Plot Buyer’s Agreement, the Indemnifier has till date paid an amount
of Rs. _________________/- (Rupees ________________________ only), details whereof are as
follows and the original receipts are annexed hereto:

a) Receipt No. __________dated ________ Amount Rs. ___________________


b) Receipt No. __________dated ________ Amount Rs. ___________________
c) Receipt No. __________dated ________ Amount Rs. ___________________
d) Receipt No. __________dated ________ Amount Rs. ___________________

C. An amount of Rs. _______________/-(Rupees ___________________________ only) is still due and


payable by the Indemnifier towards the sale consideration besides other charges for the
said Apartment/Villa/Plot in terms of the said Apartment/Villa/Plot Buyer’s Agreement

D. The Indemnifier now wishes to transfer/assign/convey all his/her rights/ title/interest


in the said Apartment/Villa/Plot Buyer’s Agreement in favour of M/s. Wavenet
Solutions Private Limited, a company incorporated under the provisions of the Companies
Act, 1956 having its registered office at S 231, GF, Uppal Southend, Sohna Road, Sector 49,

10
Gurugram, Haryana 122018, through its director Mr. Sanjay Charanlal Bisen (hereinafter
collectively11 referred to as the ”Nominee(s)”).

E. That the Indemnifier has requested the Beneficiary to assign/transfer his/her rights in
the said Apartment/Villa/Plot Buyer’s Agreement in the name of the aforesaid
Nominee(s)/ transferee(s)/assignee(s) in place of the Indemnifier and the Indemnifier
further requests the Beneficiary to give effect to such transfer/assignment forthwith.

F. The Indemnifier is making the said nomination/transfer/assignment of his/her rights,


title and interest in the said Apartment/Villa/Plot Buyer’s Agreement in favor of the
Nominee(s)/ transferee(s)/assignee(s) voluntarily and out of his/her own free will
without any undue influence, coercion or duress from whomsoever.

NOW, THEREFORE, THIS INDEMNITY BOND-CUM -UNDERTAKING WITNESSES AS UNDER:

1. That, the Indemnifier henceforth, after this nomination/transfer/assignment shall have


no claim, right, title or interest whatsoever in respect of the allotment of the said
Apartment/Villa/Plot and also on any amounts paid for the aforesaid purpose to the
Beneficiary at any point of time in present or future. The Indemnifier undertakes not to
raise any claim for delay in handing over possession or delay compensation or any
rebate under a scheme or otherwise or any other discount, by whatever name called,
from the Beneficiary.

2. That, the Indemnifier, jointly and severally, undertakes to keep the Beneficiary, its
successors and assigns, saved, harmless and indemnified against any claims, losses,
damages, costs, including litigation costs, taxes, duties, etc., of any kind whatsoever
including stamp duty and registration charges, suffered or incurred, directly or
indirectly at any point of time in present or future or in any manner whatsoever by the
Beneficiary in respect of the said Apartment/Villa/Plot, on account of or resulting from
the nomination/transfer/assignment of the rights of the Indemnifier in favor of the
aforesaid Nominee(s)/ transferee(s)/assignee(s).

IN WITNESS WHEREOF, I/we the above named have set my/our hands on these presents on
the date hereinabove first mentioned in the presence of the witnesses who have also set and
subscribed their respective hands in my/our presence and in the presence of each other.

INDEMNIFIER
WITNESSESS:
1.

2.

11
Delete if not applicable.
(by the Transferee)

INDEMNITY BOND-CUM-UNDERTAKING

THIS INDEMNITY BOND-CUM-UNDERTAKING is made on this the____day of_____ 2021 M/s.


Wavenet Solutions Private Limited, a company incorporated under the provisions of the
Companies Act, 1956 having its registered office at S 231, GF, Uppal Southend, Sohna Road, Sector
49, Gurugram, Haryana 122018, through its director Mr. Sanjay Charanlal Bisen12 (hereinafter
collectively13 referred to as the “Indemnifier”, which expression shall include his/her heirs,
successors, executors, administrators and assignees ) of the ONE PART.

IN FAVOUR OF

M/s. _________________________, a company incorporated under the Companies Act, 1956 having its
registered office at ____________________________________ (hereinafter referred to as the “Beneficiary”,
which expression shall, unless repugnant to the context thereof, be include its successors,
administrators, nominees and assigns ) of the OTHER PART.

WHEREAS:

A. M/s. Indiabulls Commercial Credit Limited , a company incorporated under the


provisions of the companies Act,2013 having its registered office at M-62&63 ,
First Floor , Connaught Place, new delhi-110001, through its authorized
signatory Mr.________________________ duly authorized vide boards resolution date
23/Aug/2021 (hereinafter collectively14 referred to as the “Current Allottee”) had
applied and entered into an Apartment/Villa/Plot Buyer’s Agreement dated ________
_______(“ Apartment/Villa/Plot Buyer’s Agreement”) for purchase of the
Apartment/Villa/Plot bearing no OC-VV-B-29-05 admeasuring 5437 sq. ft.15 in IREO
VICTORY VALLEY project at SECTOR-67 (“ Apartment/Villa/Plot”)with the Beneficiary.

B. The Current Allottee has already paid an amount of Rs. ___________/- (Rupees
________________________ only) as per the said Apartment/Villa/Plot Buyer’s Agreement
towards the sale consideration for purchase of the said Apartment/Villa/Plot, the
payment details whereof are as follows:
a) Receipt No. __________dated ________ Amount Rs. ___________________
b) Receipt No. __________dated ________ Amount Rs. ___________________
c) Receipt No. __________dated ________ Amount Rs. ___________________
d) Receipt No. __________dated ________ Amount Rs. ___________________

C. The Current Allottee has vide his/her letter dated _________ to the Beneficiary had
requested to nominate/transfer/assign/convey the said allotment of the
Apartment/Villa/Plot in favor of the Indemnifier. That the Indemnifier has also
requested the Beneficiary vide letter dated __________ to transfer the said allotment of the
Apartment /Villa/Plot in his/her name as the nominee(s)/transferee(s)/assignee(s) in
place of the Current Allottee.

12
Delete if not applicable
13
Delete if not applicable
14
Delete if not applicable
15
Strike out whichever is not applicable
D. That the Indemnifier has carefully read over the said Apartment/Villa/Plot Buyer’s
Agreement and consent without any reservation whatsoever to be bound thereunder.

E. The Indemnifier is ready and willing and undertakes to pay the balance of the total sale
consideration i.e. Rs. ____________/- to the Beneficiary directly in accordance with the said
Apartment/Villa/Plot Buyer’s Agreement. The Indemnifier has also agreed and
undertaken to pay other unpaid charges like, EDC, IDC, PLC, IFMS and other taxes like
service Tax, VAT, stamp duty, registration charges, expenses etc., as a precondition for
effecting the said nomination/transfer/assignment.

NOW, THEREFORE, THIS INDEMNITY BOND-CUM-UNDERTAKING WITNESSES AS UNDER:

1. That the Indemnifier undertakes and agrees with the terms and conditions as set out in
the Apartment/Villa/Plot Buyer’s Agreement dated________ and he/she/they has/have
fully understood the same and undertaken to abide by all the terms and conditions of
the said Apartment/Villa/Plot Buyer’s Agreement for purchase of the said
Apartment/Villa/Plot and more specifically to make timely payment of all installments,
charges and demands as well as other terms imposed by the Beneficiary from time to
time. The Indemnifier hereby agrees to forego and waive his/her right to receive any
compensation for delay in handing over of possession or any rebate under a scheme or
otherwise or any other discount, by whatever name called, from the Beneficiary and to
this extent the Apartment/Villa/Plot Buyer’s Agreement shall stand modified from this
day henceforth.

2. That the Indemnifier shall indemnify the Beneficiary and keep the Beneficiary saved,
indemnified and harmless against the loss and damages whether caused directly or
indirectly, due to any claim of the transferor and/or any other person claiming through
or under him/her/then for any right, title interest in the said allotment or the
nomination/transfer/ assignment of the said Apartment/Villa/Plot in the name of the
Indemnifier.

3. That the Indemnifier, jointly and severally 16 undertakes to keep the Beneficiary, its
successors and assigns harmless and indemnified against any claims, losses, damages,
costs including litigation costs, taxes, duties, etc., of any kind whatsoever, including
stamp duty, registration charges suffered or incurred, directly or indirectly or in any
manner whatsoever by the Beneficiary on account of the
nomination/transfer/assignment of the rights and obligations under the said
Apartment/Villa/Plot in favor of the Indemnifier.

4. That the Indemnifier assures and undertakes to comply with all the terms and
conditions, rules and regulations laid down by the Beneficiary from time to time for the
said nomination/transfer/assignment in favor of the Indemnifier in place of the Current
Allottee with respect to the said Apartment/Villa/Plot.

5. That the Indemnifier assures and undertakes to execute all other documents as the
Beneficiary may feel necessary for the purposes of nomination/transfer/assignment of
the rights and obligations under the said Apartment/Villa/Plot Buyer’s Agreement and
for execution of the Sale Deed/Deed of Apartment/Villa/Plot or any other document at
any point of time in present or future, and whether before or after making the payment
of the entire sale consideration and other dues to the Beneficiary.

16
Only in case of joint allottees
6. That the Indemnifier has not violated any applicable provision of law particularly the
provisions of Indian Stamp Act in respect of the aforesaid nomination/
transfer/assignment of the rights and obligations under the said Apartment/Villa/Plot
Buyer’s Agreement for the Apartment/Villa/Plot, and if there shall arise any liability,
duty, penalty of whatever kind in this regard, the Indemnifier shall be exclusively liable
and responsible therefor, and the Indemnifier further undertakes to pay the same and
also hereby indemnifies and undertakes to keep the Beneficiary saved, harmless and
indemnified against any loss, penalty damage that may be caused.

7. The Indemnifier assures and undertakes to pay stamp duty on the total sale
consideration under the said Apartment/Villa/Plot Buyer’s Agreement as increased by
the premium of Rs. ___________________ paid by the Indemnifier under the
Nomination/Transfer Agreement dated __________ between the Indemnifier and the
Current Allottee prior to the registration of the sale deed for the said
Apartment/Villa/Plot.

IN WITNESS WHEREOF, I/we, the above named, have set my/our hands on these presents on
the date hereinabove first mentioned in the presence of the witnesses who have also set and
subscribed their respective hands in my/our presence and in the presence of each other.

INDEMNIFIER
WITNESSESS:

1.

2.
NOMINATION/TRANSFER AGREEMENT

THIS NOMINATION/TRANSFER AGREEMENT is executed on this the ____ day of __________ at


_______________

BETWEEN

M/s. Indiabulls Commercial Credit Limited, a company incorporated under the provisions of the
companies Act,2013 having its registered office at M-62 & 63, First Floor, Connaught Place, New
Delhi-110001, through its authorized signatory Mr. _____________________________duly authorized
vide boards resolution date 23/Aug/2021 (hereinafter referred to as the “Transferor” which
expression shall unless repugnant to the context thereof be deemed to mean and include
his/her/their heirs, successors, executors, administrators and assignees) of the ONE PART;

AND

M/s. Wavenet Solutions Private Limited, a company incorporated under the provisions of the
Companies Act, 1956 having its registered office at S 231, GF, Uppal Southend, Sohna Road, Sector
49, Gurugram, Haryana 122018, through its director Mr. Sanjay Charanlal Bisen (hereinafter
referred to as “Transferee” which expression shall unless repugnant to the context thereof be
deemed to mean and include his/her/their heirs, successors, executors, administrators and
assignees) of the OTHER PART;

(The above-mentioned parties to this Agreement shall also be collectively referred to as the
“Parties” and individually as the “Party”).

WHEREAS:

A. The Transferor out of his/her own funds has acquired sole and exclusive rights to
purchase the Apartment/Villa/Plot bearing no. OC-VV-B-29-05 admeasuring 5437 sq. ft.
approx.17 IREO VICTORY VALLEY project at SECTOR-67 (hereinafter referred to as the
said “Apartment/Villa/Plot”) from M/s. IREO Victory Pvt. Ltd. (hereinafter referred to as
“Company” for short), vide the following documents:

(i) Original payment receipt dated _______________________,


(ii) Original allotment Letter dated ________________________,
(iii) Apartment/Villa/Plot Buyer’s Agreement dated__________________(hereinafter
referred to as the said “Apartment/Villa/Plot Buyer’s Agreement”).

17
Strike out whichever is not applicable
B. No other person(s) except the Transferor has any right, title or interest whatsoever in
the said Apartment/Villa/Plot.

C. The Transferor has not entered into any Agreement to Sell or any deal, commitment or
settlement of any kind whatsoever in relation to the said Apartment/Villa/Plot in favour
of any other party till date.

D. The Transferee has approached the Transferor to acquire by nomination/


transfer/assignment, in the Transferee’s favour all the rights, title and interest of the
Transferor in the said Apartment/Villa/Plot under the said Apartment/Villa/Plot
Buyer’s Agreement after making complete investigations, enquiries and verification to
its entire satisfaction.

NOW, THEREFORE, IT IS HEREBY AGREED, DECLARED, AND COVENANTED BY AND BETWEEN


THE PARTIES AS UNDER:

1. That in consideration of nomination/transfer/assignment of all the rights, title and


interest of the Transferor pertaining to the Apartment/ Villa/Plot bearing No. OC-VV-B-
29-05 measuring 5437 sq. ft./sq. yd. approx. in _IREO VICTORY VALLEY_ project at
__SECTOR-67__ in favour of the Transferee, the Transferee has paid a total sum of
Rs._________________ (Rupees ________________________________________________________________ only)
to the Transferor, the receipt whereof is hereby acknowledged by the Transferor, by
way of the following details:

SN Cheque No. Date Amount Drawn on

i.

ii.

iii.

iv.

2. That out of the said total consideration of Rs.______________


(Rupees_____________________________________________________________________________________only),
paid by the Transferee to the Transferor, an amount of Rs.________________ has been paid
on account of payments already made by the Transferor to Company under the said
Apartment/Villa/Plot Buyer’s Agreement and the balance amount of Rs._______________ on
account of premium.

3. That the Transferee has agreed to pay the stamp duty and registration charges on the
total consideration paid by it i.e. on the total sale consideration in terms of the
Apartment/Villa/Plot Buyer’s Agreement and the premium paid by the Transferee to the
Transferor.

4. That with effect from the date hereof, all rights, titles and interest of the Transferor,
under the said Apartment/Villa/Plot Buyer’s Agreement, in the above said
Apartment/Villa/Plot, subject to obligations thereunder, shall vest exclusively upon the
Transferee who shall have the sole and absolute right to exclusively hold and enjoy the
same subject to obligations thereunder in the same manner and to same extent as the
Transferor. The Transferor shall accordingly cease to have any right whatsoever in the
said Apartment/Villa/Plot in terms of the Apartment/Villa/Plot Buyer’s Agreement.
Neither the Transferor nor any one claiming through or under him/her, shall be entitled
to dispute or claim to the contrary.

5. The following original documents duly endorsed by the Transferor in favour of the
Transferee, have been handed over to the Transferee and the receipt whereof is hereby
acknowledged by the Transferee:-

a. Original payment receipt dated _________________________,


b. Original allotment Letter dated _________________________,
c. Apartment/Villa/Plot Buyer’s Agreement dated__________________.

6. The Transferee shall be entitled to get the application/allotment/Apartment/Villa/Plot


Buyer’s Agreement assigned in his/their favor and to deal with the same in whatsoever
manner he/she/they deem/s fit and proper, subject however to due compliance with
the terms and conditions of the said Apartment/Villa/Plot Buyer’s Agreement, including
payment of all amounts/dues/interests/charges on any account whatsoever, which are
or may arise as outstanding against the said Apartment/Villa/Plot in question.

7. The Transferee hereby undertakes and agrees to forego and waive his/her right to
receive any compensation for delay in handing over of possession or any rebate under a
scheme or otherwise or any other discount, by whatever name called, from the Company
and to that extent the Apartment/Villa/Plot Buyer’s Agreement shall stand modified.

8. The Transferor hereby undertakes not to raise any claim for delay in handing over
possession or delay compensation or any rebate under a scheme or otherwise or any
other discount, by whatever name called, from the Company.

9. That if and when any further documentation formalities are required, the Transferor
undertakes to execute the same without any demur, objection.

10. That the stamp duty and transfer charges/expenses as applicable, will be borne by the
Transferee.

11. The Parties shall jointly apply to Company for giving effect to the said
nomination/transfer/assignment and this Agreement shall be subject to the acceptance
by Company of the nomination/transfer/assignment of the rights of the Transferor to
the Transferee under the said Apartment/Villa/Plot Buyer’s Agreement on such terms
and conditions as may be prescribed by Company for this purpose. In the event of denial
by Company to give effect to such nomination/transfer/assignment, the money paid by
the Transferee to the Transferor under this Agreement shall be refunded forthwith.

IN WITNESS WHEREOF, the Parties have set their hands to this Agreement at the place and on
the day, month and year first above written in the presence of.

WITNESSES:

1. TRANSFEROR

2. TRANSFEREE
(Letter from the Transferor/ current Allottee)

Date: __________

M/s. Ireo Victory Valley Pvt Ltd

Sub: Transfer/Assignment/Nomination of the provisional


registration/registration/booking/allotment of the Plot/Villa/Apartment OC-VV-B-29-
05 in IREO VICTORY VALLEY being developed by _IREO_(“Company”)

Dear Sir,

I/We had applied for provisional registration/registration/booking of the Plot/Villa/Apartment


admeasuring about __5437 sq. yds./sq. feet in your _IREO VICTORY VALLEY project
at____SECTOR-67 (said “Plot”/”Villa’/”Apartment”). The Plot/Villa/Apartment Buyer’s
Agreement with respect to the said Plot/Villa/Apartment has been executed / yet to be
executed. I/We have already paid a sum of Rs. _____________/- so far towards the cost of the said
Plot/Villa/Apartment as per details below:

Receipt No. ___________ Date ___________ Amount _____________/-

Receipt No. ___________ Date ___________ Amount _____________/-

Receipt No. ___________ Date ___________ Amount _____________/-

Receipt No. ___________ Date ___________ Amount _____________/-

I/We now want to transfer/assign/endorse our provisional


registration/registration/booking/allotment in favour and in the name of my/our
nominee/transferee i.e
(1) M/s. Wavenet Solutions Private Limited, a company incorporated under the provisions
of the Companies Act, 1956 having its registered office at S 231, GF, Uppal Southend, Sohna
Road, Sector 49, Gurugram, Haryana 122018, through its director Mr. Sanjay Charanlal Bisen.

whose name(s) be substituted in place of my/our name(s) in the said provisional


registration/registration/booking/allotment and that the same be completed in his/her/their
name(s).

For the afore-said substitution/endorsement/transfer/assignment of the name(s), I/We


am/are sending herewith all original documents issued by you as per the ‘List of Documents’
annexed herewith and duly countersigned by me, including the Plot/Villa/Apartment Buyer’s
Agreement (please confirm if executed or yet to be executed), to facilitate the matter. I/We
request you to kindly do the substitution/endorsement/transfer/assignment nomination in
your records by endorsing the original booking/registration, the receipts and
Plot/Villa/Apartment Buyer’s Agreement, that are enclosed herewith. After
substitution/endorsement/transfer/assignment of the name of the said Nominee, I/We shall
have nothing to do with the said provisional registration/registration/booking/allotment nor
will I/we have any claim, lien, right, title or interest on the said Plot/Villa/Apartment. I also
undertake not to raise any claim for any compensation for delay in handing over possession or
any rebate under a scheme or otherwise or any other discount, by whatever name called, from
the Company I understand that the Company may accept or reject my request at its sole
discretion.

This letter of mine/ours requesting you for transfer/assign/endorse/nominate, in favour of the


transferee/assignee/nominee’s name, the said provisional
registration/registration/booking/allotment, is irrevocable, and I/we understand, agree and
commit that it shall not be withdrawn, revoked or cancelled by me/us at any point of time in
present or future.

(To be added in case the receipts had been lost)

Out of the receipts issued by you for the sale consideration, I/We find that the following
Receipts have been misplaced / lost. While I/We declare hereby that these Receipts were not
used by me/us for any other purposes, I/We shall be returning them to you, as and when
located. Meanwhile, I/We am/are furnishing the necessary Affidavit(s) and Undertaking-Cum-
Indemnity Bond indemnifying you from any losses, damages, costs and expenses
caused/incurred due to the lost Receipts as mentioned hereinabove as well as any third party
claim in the basis of lost receipts.

a) Receipt No. ___________ Date ___________ Amount _____________/-


b) Receipt No. ___________ Date ___________ Amount _____________/-
c) Receipt No. ___________ Date ___________ Amount _____________/-
I/We are enclosing my/our signatures duly verified by our banker for your record.

You are requested to kindly do the needful.

I/We are also enclosing herewith my/our I / We know Mr. / Ms. / Mrs.______personally
signatures duly verified by my/our Bankers. and they have signed in our presence.

Thanking you,

Yours faithfully,

Transferor/Seller

………………… (Authorized Signatory of _______Bank)


(Letter from the Transferee)

Date: __________

To,

M/s IREO VICTORY VALLEY PVT LTD

Sub: Transfer/Assignment/Nomination of the provisional


registration/registration/booking/allotment of the Plot/Villa/Apartment NO. OC-VV-B-
29-05 in IREO VICTORY VALLEY being developed by _IREO__ (“Company”)

Dear Sir,

(1) This is in reference to the provisional registration/registration/booking/allotment of


the Plot/Villa/Apartment no. OC-VV-B-29-05 admeasuring about ____5437____sq.
yds./sq. feet in your __IREO VICTORY VALLEY__project at __SECTOR-67____
( “Plot”/”Villa’/”Apartment”) in favor of M/s. Indiabulls Commercial Credit Limited, a
company incorporated under the provisions of the companies Act,2013 having its
registered office at M-62 & 63, First Floor, Connaught Place, new delhi-110001, through
its authorized signatory Mr.__________________________duly authorized vide boards
resolution date 23/Aug/2021 (“Current Allottee”).

The Current Allottee has so far paid Rs. __________/- to the Company in terms of the said
provisional registration/registration/booking/allotment towards part consideration of the said
Plot/Villa/Apartment. The Current Allottee has requested you vide letter dated ________ to take
me/us on record as his/her/their Nominee(s)/Transferee(s)/Assignee(s) in respect of the said
provisional registration/registration/booking/allotment for all future purposes.

I/We assure you and declare that the aforesaid letter has been signed by the Current Allottee
before me/us and that I/we shall be responsible for all consequences in case the executant(s) of
the said letter denies/deny the said execution.

I/We shall be bound by all the terms and conditions of the Company, including and more
particularly by the terms and conditions of the Plot/Villa/Apartment Buyer’s Agreement
executed by the Current Allottee /to be executed by us at any point of time, as may be desired
by the Company as a Nominee/Transferee/Assignee of the Current Allottee, and undertake to
abide by them.
I/We also undertake to pay the entire balance sale consideration, deposits and other charges as
per the terms and conditions of the Company. I/We undertake to execute the
Plot/Villa/Apartment Buyer’s Agreement in the standard format of the Company as and when
desired by the Company, after the request for Nomination/Transfer is accepted by the
Company. (in case the agreement to sell is yet to be executed)/ I/We also agree and undertake
to observe, perform and fulfill all the terms & conditions of the Plot/Villa/Apartment Buyer’s
Agreement. (in case the Agreement is executed ). I/We undertake and agree to forego and waive
my/our right to receive any compensation for delay in handing over of possession or any rebate
under a scheme or otherwise or any other discount, by whatever name called, from the
Company and to this extent the said Apartment/Villa/Plot Buyer’s Agreement shall stand
modified.

I/We now request you to kindly treat me/us as Nominee/Transferee /Assignee of the Current
Allottee under the said Apartment/Villa/Plot Buyer’s Agreement and I/we undertake to
faithfully fulfill all the obligations and comply with all the terms and conditions thereof for all
future purposes. I/We also enclose herewith Receipt dated ________ clearly mentioning therewith
that I/We have already paid the amounts due to the Current Allottee/Transferor of the amounts
which he/she/they have paid to the Company for the said provisional
registration/registration/booking/allotment, which is being transferred in my/our name, and
the said Receipt is attached herewith.

I/We further agree and undertake to execute any document that may be required by the
Company at any point of time in present or future.

I/We are also enclosing herewith my/our signatures duly verified by our Bankers.

Thanking you I / We know Mr. / Ms. / Mrs._____________


personally and he/she/they have signed in our
presence.

Yours faithfully,

Transferee/Nominee/Buyer

________________________ (Authorized Signatory of __________Bank)

You might also like