Your World of Legal Intelligence
 India | 1-800-335-6202

Deed of Trust for the Purpose of Paying Debts

Document Cited in Related
Updated atMarch 2010

This deed of trust made this ............... day of ............... 2000 between Anil Biswasson of .................. (hereinafter called the debtor) of the First Part and Chirag Desai son of ........................ andEapen Patelson of .................. (hereinafter called the trustees) of the Second Part, Gaurav Hanvelson of ............... (hereinafter called the creditor) of the Third Part.

Whereas the said Anil Biswasis truly and justly indebted to the said Chirag Desai in the sum of Rs.8 lakhs only for which the latter has served the former with legal notice and intends to institute a suit for recovery of the said sum with costs and interest.

And whereas the said Anil Biswas having at present no means nor any further resource to liquidate the said loan approached the said Gaurav Hanvel for time and accommodation to pay up the said debt by instalments which the said Gaurav Hanvelhas agreed to grant only if adequate arrangement is forthwith made to secure regular payments of instalments and for preservation of the assets of the...

To continue reading

Request your trial
Navigation index

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT