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Appendix III (a)
Instructions to fill undertaking by the Transferor
1. The undertaking has to be executed on a Nonjudicial stamp paper of Rs. 300/ or the
value prevailing in the state of residence
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How to fill out undertaking by transferor
How to fill out undertaking by transferor:
01
Start by clearly stating the name and contact details of the transferor.
02
Include the name of the recipient or transferee and their contact information.
03
Specify the date of the transfer and any relevant transaction details.
04
Clearly outline the assets or rights being transferred.
05
Describe any conditions or limitations that may apply to the transfer.
06
Sign and date the undertaking, ensuring that both parties involved in the transfer also sign as a form of agreement.
07
Make copies of the completed undertaking for both the transferor and transferee to keep for their records.
Who needs undertaking by transferor:
01
Individuals or businesses involved in transferring assets or rights to another party.
02
Companies or organizations undergoing mergers, acquisitions, or any other form of corporate restructuring.
03
Government agencies or departments transferring ownership or control of certain resources or properties.
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What is undertaking by transferor?
Undertaking by transferor is a legal commitment made by the entity transferring ownership or control of assets or shares.
Who is required to file undertaking by transferor?
The entity transferring ownership or control of assets or shares is required to file the undertaking by transferor.
How to fill out undertaking by transferor?
Undertaking by transferor can be filled out by providing the necessary information about the transfer of ownership or control of assets or shares.
What is the purpose of undertaking by transferor?
The purpose of undertaking by transferor is to document the transfer of ownership or control of assets or shares and to ensure compliance with legal requirements.
What information must be reported on undertaking by transferor?
The undertaking by transferor must include details such as the parties involved, the assets or shares being transferred, the effective date of the transfer, and any conditions or restrictions.
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