FORMATOF HUF CREATION DEEDS
FORMAT-I
DECLARATION
I, ____________ _________ _______ son Of ____________
_________ _________ _____ Residing at ____________ _________
_________ _________ _____ aged ___Adult do hereby declare-
1. That I am Karta of ____________ _________ _________ _________
_____
1. That I receivedon behalf of the H U F gift of Rs. ___________ by way of
CASH/CHEAUE from my FATHER ____________ _________ _________
__(name of relative of karta of HUF) on dt. ____________ ___ this formed
the corpus of the HUF.
1. That the HUF at present is consisting of the followings members-
I) Shri ____________ _________ , Adult, Residing at
____________ _____
II) Smt. ____________ _________ , Adult, Residing at
____________ _____
III) Kumari ____________ _____-Minor, Residing at
____________ _______
1. That the above statements are true to the best of my knowledge & belief.
Declare this on ____________ _____
WITNESS: Signature
1. ————————————–
————————————
2. ————————————– (___________ _________ _)
—————————————————————————————————-
FORMAT- II
[To be executed on Rs. 100 Stamp Paper in Maharashtra]
DECLARATION OF GIFT MADE BY ____________ _________ ___
TO THE HINDU UNDIVIDED FAMILY OF ____________ _______
I, ____________ _________ ________, residing at ____________
_________ __ ____________ _________ _________ _________
_________ _________ _, do hereby declare and affirm as under:
1. That out of natural love and affection borne by me towards the Hindu
Undivided Family of ____________ _________ _________ , I have made
a gift of Rs.______ (Rupees ____________ _____ only) as per the following
details:
By Cheque No.________, dated __________, drawn on Bank
____________ ________, ____________ ____ Branch, in favour of
____________ _________ ___ HUF.
2. The above Gift has been duly accepted by ____________ _________
___, as Karta of his Hindu Undivided Family and has been duly acknowledged
hereunder.
3. This Declaration of Gift is made to record the fact that I have made this Gift
in favour of the Donee as above, who now has the absolute right, title and interest
in the gifted amount.
Date: ___________, 200__ ____________ _______
(Signature of the Donor)
ACKNOWLEDGEMENT OF GIFT
I, ____________ _________ ___, hereby acknowledge having receivedthe
above gift made to my Hindu Undivided Family by ____________
_________ ____.
Date: ___________, 200__ ____________ _______
(Signature of the Donee
as Karta of his HUF)
*
SUBSEQUENT DEEDS
HUF Gift deed
This deed of gift is made and executed at Jaipur on this 30th day of November,
2007 by and between:
1. Smt. Preeti BansalW/o Shri Govind Kumar Bansal aged about 37 years
resident of B-72, Nand Puri Colony, 22-Godown, Jaipur.( hereinafter reffered to
as the DONOR and the party on the first part )
and :
2. CHANDRA SHEKHAR GOYAL HUF, B-72, Nand Puri Colony, 22-Godown,
Jaipur, Rajasthan, Pincode - 302019 comprising the family members shri
Chandra Shekhar Goyal (Karta), his wife Smt. Sushila Goyal, his sonshri Pawan
Goyal, shri Ashish Goyal, shri Kapil Goyal residing at B-72, Nand Puri Colony,
22-Godown, Jaipur. (Hereinafter reffered to as the DONEE and the party on the
SECOND PART)
WHEREAS the Donor is the wife of brother in law of karta of the Donee and is
highly affectionate to him;
AND WHEREAS the Donor out of natural love and affection towards the Donee
have made a gift of Rs.11000/- (Rupees Eleven Thousand only) by way of account
payees Cheque no 840147 dated 30.11.2007 drawn on Axis Bank Ltd, Ashok
Marg, C-Scheme, Jaipur ;
AND WHEREAS the Donee has accepted the said Cheque;
AND WHEREAS the Donor and Doneedesires to deduce the covenants of this gift
into writing ;
THIS DEED NOW WITNESSETH AS UNDER
1. That the gift so made is without any material consideration and is
absolute.
2. That the donee has accepted the same by his free will.
3. That the gift is irrevocable in any circumstances.
IN WITNESS WHEREOF the donor and the within mentioned donee put their
respective hands in taken of their having accepted the terms and conditions on
the day, month and year first mentioned.
Witnesses Signature
1.
DONOR
Accepted
2.
DONEE
COMPLETE PARTITION OF A HINDU JOINT FAMILY
This deed of partition is made on the ___________ day of
___________ the month of ___________ of the year 200__. Between
___________ s/o ___________ resident of ___________ (hereinafter
called the first party) of the first part ___________ ___________s/ o
resident of ___________ (hereinafter called the second party) of the second
part ___________ s/o ___________ resident of ___________ (hereinafter
called the third party) of the third part: and ___________ widow of
___________ resident of (hereinafter called for fourth party) of the fourth part.
Where as the further of the second and third parties and husband of the
fourth party, namely late Shri ___________ and the first party were brothers,
being the sons of late Shri ___________.
And whereas they all constituted a Hindu joint family governed by the
___________ of Hindu law.
And whereas the said Shri ___________ died of the year
___________ leaving him surviving the parties and entitled to claim partition
of the joint family estate.
And whereas the family has continued to remain joint and to hold and
enjoy all the properties jointly.
And whereas the parties hereto are all the members of the joint family
entitled to claim partition and also competent to contract, the other coparceners
being the minor sons of the second and third parties.
And whereas the parties hereto have mutually agreed to divided the entire
joint family properties into two equal parts and to allot one part to the first party
and the other to the second, third and fourth parties.
And whereas the second, third and fourth parties have also mutually
agreed among themselves to further divided and one-half part of the joint
property allotted to them into three equal parts and to allot a part each of the said
three parts to each one of them.
NOW THIS DEED WTINESSES as follows:
(1) That the parties hereto do hereby mutually agreed and declare that they
have actually divided the hitherto joint property of the Hindu joint family of the
descredants of Late Shri ___________( here give the name of the father of the
first party) among themselves into the four Parts specified herein below, as Part I,
Part II, Part III and Part IV, and that henceforth the first party shall be the
separate owner of the properties specified and included in Part I and second
party shall be the separate owner of the properties specified and included in Part
II and the third party shall be the separate owner of the properties specified and
included in Part IV and each of them shall hence forth hold and enjoy the
properties specified and included in his Part in severalty and to the exclusion of
the parties other than himself; and the parties hereto do hereby mutually release
and relinquish to the other all their respective right, title and
interest in the properties specified in the Part other than the Part allotted to
himself.
(2) That the parties hereto do hereby mutually covenant with each other that:
(I) The property specified and included in the Parts allotted to each party
shall be entered upon and henceforth held and possessed in severalty by each one
of them, respectively, without any interruption or disturbance by any party other
than himself.
(ii) The parties will, at the cost of one requiring the same, do every such act or
thing as may reasonably be required for further or more perfectly assuring the
property hereby allowed to each one of them.
(iii) That the parties hereto hereby declare that despite some disparity in the
value given which hare against each of the Part II, III and IV given for purposes
of payment of stamp on the said Parts, II, III and IV and the value given against
Part I which is also given for the purpose of payment stamp duty and registration
charges, the partition hereby made is fair and equitable and that while of the one
hand the agreed real value of each of Parts II, III and IV is equal on the other
hand, the total of the agreed real value of Parts II, III and IV is equal to the
agreed real value of Part I.
(iv) That the expression first party, second party, third party and fourth party,
shall, unless there by anything contrary thereto in the context, mean and include,
their respective heirs, survivors, successors, representatives and assigns.
Part I
Part II
Part III
In witness whereas the parties hereto have executed this deed on the date
first hereinabove mentioned.
Witnesses:
1.
(First Party)
2.
(Second Party) (Third Party)