- ASSIGNMENT
OF ASSETS
-
-
- This
Agreement is (hereinafter referred to as
the "Agreement") made and
entered at [Place] this ___day of___ ,
200_ , by and between the
Stockholder/Shareholder, Indian
Inhabitant residing at ___ (hereinafter
referred to as the
"Stockholder", which expression
shall, unless it be repugnant to the
context or meaning thereof, be deemed to
mean and include its successors and
assigns) of the ONE PART; AND Hamilton
Pvt Ltd, a Company incorporated under the
Companies Act, 1956 and having its
registered office at ___ (hereinafter
referred to as "HAMILTON",
which expression shall, unless it be
repugnant to the context or meaning
thereof, be deemed to mean and include
its successors and assigns) of the OTHER
PART.
-
- WHEREAS, it
is necessary to transfer certain assets
into the Hamilton in order to capitalize
Hamilton;
-
- WHEREAS,
Stockholder is desirous of transferring
to Hamilton certain assets shown on the
attached Exhibit "A," and the
Hamilton is desirous of acquiring said
assets.
-
- NOW,
THEREFORE, for and in consideraton of the
mutual covenants and agreements
hereinafter entered into, it is agreed as
follows:
-
- 1.
Stockholder does hereby transfer and
assign those assets listed on the
attached Exhibit "A" to the
Hamilton.
-
- 2. In
consideration for said transfer the
Hamilton issues to Stockholder ( ) shares
of stock in the Hamilton, par value Rs.
per share.
IN WITNESS
WHEREOF, the parties have caused their common
seal to be affixed to these presents and the
duplicate, the day and year first hereinabove
written.
- SIGNED,
SEALED AND DELIVERED
- by Mr. ABC
the within named Stockholder
- in the
presence of Mr.[name] and
- Mr.[name]
- COMMON SEAL
of the withinnamed Hamilton
- Private
Limited is hereto affixed pursuant to the
resolution
- of the Board
of Directors dated __ in the presence
- of
Mr.__Managing Director duly authorised in
- that behalf
and who in token thereof has put his
- signature in
the presence of Mr.__
-
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