Formalities/documents To be completed for obtaining

TRANSFER OF PLOT/SHED
1.

TRANSFER OF PLOT/SHED THROUGH ALLOTTEE

2.

TRANSFER OF PLOT/SHED THROUGH G.P.A

3.

TRANSFER OF PLOT IN CASE OF DEATH OF ORIGINAL

ALLOTTEE/ PARTNER/SUBSCRIBER DIRECTOR (IN CASE OF
COMPANY).

TRANSFER OF PLOT/SHED THROUGH ALLOTTEE

Plot should be fully paid including enhanced cost, extension fee etc.

Plot is free from all sorts of encumbrances i.e. lease hold rights of plot
have not been mortgaged in favour of any financial institution in the
shape of 1st/2nd/3rd charge (s) etc.

Affidavit from transferor on non-judicial stamp paper worth Rs.5/(individual/all partners/authorized signatory in case of Pvt./Public Ltd. Co.
as the case may be).

Indemnity bond from transferor on non-judicial stamp paper of Rs. 15/(individual/all partners/ authorized signatory in case of Pvt./Public Ltd.
Co. as the case may be).

Affidavit from Transferee on non-judicial stamp paper worth Rs. 5/(individual/all partners/authorized signatory in case of Pvt./Public Ltd. Co.
as the case may be).

Partnership deed of Transferor/Transferee in case of partnership firm

duly attested by Notary Public/1st Class Magistrate.

List of shareholders with their respective share holding of

transferor/transferee duly attested by CA in case of public/Pvt. Ltd.Co.

List of Directors duly attested by CA in case of Pvt./Public Ltd. Co. of

Transferor/transferee.

Copy of memorandum & articles of association of transferor/transferee in

case of Public/Private Ltd. Company attested by C.A.

10 Resolution of BODs of transferor/ transferee in case of Pvt Ltd./Public

Ltd. Co. duly attested by CA confirming sale / purchase of particular plot
and authorizing any director(s) to execute the documents applicable to
sale /purchase of plot and appear for personal verification in PSIEC
11 Request for transfer alongwith payment of applicable transfer fee.

12 After completion of formalities and examination of documents, personal

appearance/verification of both transferor and transferee would be
required in the office of PSIEC, Chandigarh, before formally allowing
transfer.

(ON NON-JUDICIAL STAMP PAPERS OF RS.15/-TO BE ATTESTED

FROM THE EXECUTIVE MAGISTRATE CLASS 1)
AFFIDAVIT
(FROM TRANSFEROR)
I/ We ____________________________aged__________________Years
S/o. D/o. W/o. Sh. _________________________________________Resident
of
________________
________________________________________________Prop./Partner
of
M/s._________ _______________________________________________
Do hereby solemnly affirm and declare as under:
1. That
I/WE,
am/are
the
original
allottee
/lessee
of
Plot
No._________________ Phase__________Measuring _______Sq. Yds.
In the Industrial Focal Point___________________ Leased to me/us on 99
years lease hold basis by the Punjab Small Industries & Export Corporation
Ltd., Chandigarh, the lessor Corporation, vide allotment letter
No.__________________________________Dated ______________and I
/ we have entered into a deal for the transfer of referred leased property in
favor
of
Sh.
/
Smt.
______________________________________________
S/o.D/o.W/o.Sh.___________________________________resident
of______________
Prop
./Partner
of
M/s
___
________________________________________________
2. That I/we have duly realised full consideration amount covering the full cost
of property referred to herein above, as per the deal agreed upon between
the transferor and transferee, the receipt of which is hereby acknowledged
and confirmed.
3. That I/ We hereby consent for the transfer in favor of
Sh./Smt./M/s._________________________________________________
_______, the transferee, referred to herein above.
4. That I/we hereby also agree to revoke the original lease deed registered
under
No._____________Dated________________with
________________________and authorize the lessor Corporation and the
transferee to execute a fresh lease deed in his/their favor for the property
referred to herein above.
5. That the said transfer referred to herein above is not a family transfer and in
case the PSIEC, who is the absolute owner of the property in question
would suffer any loss on account of this transfer in the name of transferee
referred to above, the deponent, his/their property and persons shall be
liable to make good the loss of any sort which may be sustained by the
PSIEC on account of this transfer.

6.
7.

That the legal heirs./successors of the deponent shall also be liable to

make good the loss, if any, suffered by the PSIEC.
That in case any legal heirs /or other persons shall make any claim on the
property in question, the litigation of the same shall be defended by the
deponent at his risk and costs and the loss suffered by the PSIEC, if any,
on account of the same, will also be made good by the deponent, his
properties and persons.
DEPONENT
VERIFICATION
Verified that the above contents of this affidavit are true and correct
to the best of my knowledge and belief and nothing has been concealed
therein and no part of it is false.
PLACE:_________________________
DATED:________________________
DEPONENT

(On non-judicial stamp papers of Rs.25/- to be attested from the

Executive Magistrate Class 1)
INDEMNITY BOND
(FROM TRANSFEROR)
This indemnity bond is executed at _____________________on
this ____________________day of ___________________________ by
Sh./Smt.__________________________________S/o.D/o.W/o.Sh._____
__ __________________________ Aged __________________resident
of_________________________________________________________
Whereas the executant is desirous of getting leased property
bearing Plot No.________________In phase _____________________
measuring ______________ Sq.Yd., Focal Point____________________
transferred in favor of Sh./Smt. _________________________________
S/o.D/o.W/o.Sh. _____________________________________________
Aged_____________resident of ________________________________
Prop./Partner of M/s __________________________________________
And whereas the PSIEC, Chandigarh has asked the executant to
furnish indemnity bond for the same.
Now this indemnity bond witnessth as under :1. That
the
said
transfer
which
is
sought
in
the
name
Sh./Smt./M/s._________________ ______________ Is not a family transfer
and in case the PSIEC, would suffer any loss on account of this transfer in
his/their name, the executant, his/her their property and persons shall be
liable to make good the loss which may be sustained by the PSIEC or its
employees on account of this transfer.
2. That the legal heirs/successors of the executant shall also be liable to make
good the loss, if any, suffered by the PSIEC.
3. That in case any legal heirs/ other persons shall make any claim regarding
this plot , the litigation of the same will be defended by the Executant at his/
their risk and costs and the loss suffered by the PSIEC, will also be made
good by the executant and his/her/their properties and persons.
In the presence of the following witnesses, this indemnity bond
signed_____________________
WITNESSES:
1.________________________________
2.________________________________

EXECUTANT

On non-judicial stamp papers of Rs.5/-to be attested from the

Executive Magistrate Class- 1)
AFFIDAVIT
(FROM TRANSFEREE)
I/We ______________________________aged__________Years
S/o.D/o.W/o.Sh. _____________________________________________
Resident of _________________________________________________
Prop./Partner of./M/s. _________________________________________
Do hereby solemnly affirm and declare as under:
1.

That
I/We
accept
the
transfer
of
Industrial
Plot
No.
_______________________ in phase _______________of Industrial
Focal
point
_____________________________,
measuring
________________________ Sq. yds. on lease hold basis.

2.

That I/We further undertake to make payment of all the outstanding dues
for such amount as may be due or become liable/due against this plot at
any later stage.

3.

That I/We also accept terms and conditions relating to the transfer of the
plot as may be communicated by the PSIEC and shall abide by the
provisions and rules/regulations applicable there under as amended from
time to time.

4.

That I undertake to use the industrial plot so transferred for the purpose of
setting
up
a
unit
for
the
Manufacture
of
_______________________________________, which industry is not on
the banned list.
DEPONENT
VERIFICATION
Verified that the above contents of this affidavit are true and correct
to the best of my knowledge and belief and nothing has been concealed
therein and no part of it is false.
PLACE:
DATED:
DEPONENT

TRANSFER OF PLOT/SHED
THROUGH G.P.A.
1

Submission of original GPA/SPA executed by allottee before SubRegistrar/Registering authority containing clear powers in favour of
attorney holder to sell/transfer the plot.

Bank attested signature of GPA holder.

Affidavit on non-judicial stamp paper of Rs. 5/- duly executed before first
class Magistrate as transferor by GPA.

Indemnity Bond from GPA as transferor on non-judicial stamp paper of

Rs. 15/- duly executed before 1st Class Magistrate.

Additional affidavit from GPA Attested by First Class Magistrate.

Additional affidavit from original allottee duly attested by first Class

Magistrate

Affidavit from transferee duly attested by first class Magistrate

Plot should be fully paid including enhanced cost, extension fee etc.

Plot is free from all sorts of encumbrances i.e. lease hold rights of plot
have not been mortgaged in favour of any financial institution in the
shape of 1st/2nd/3rd charge (s) etc.

10

Partnership deed of Transferor/Transferee in case of partnership firm duly

attested by Notary Public/1st Class Magistrate.

11

List of shareholders with their respective share holding

transferor/transferee duly attested by CA in case of public/Pvt. Ltd.Co.

12

List of Directors duly attested by CA in case of Pvt./Public Ltd. Co. of

Transferor/transferee.

13

Copy of memorandum & articles of association of transferor/transferee in

case of Public/Private Ltd. Company attested by C.A.

14

Resolution of BODs of transferor/ transferee in case of Pvt Ltd./Public

Ltd. Co. duly attested by CA confirming sale / purchase of particular plot
and authorizing any director(s) to execute the documents applicable to
sale /purchase of plot and appear for personal verification in PSIEC

15

Request for transfer alongwith payment of applicable transfer fee.

16

After completion of formalities and examination of documents, personal

appearance/verification of both transferor and transferee would be

of

required in the office of PSIEC, Chandigarh, before formally allowing

transfer.
(On non- judicial stamp papers of Rs.15/- to be attested from the
Executive Magistrate Class 1)
AFFIDAVIT
(FROM ATTORNEY OF ALLOTTEE)
I /We ________________________________________ aged
________Years S/o. D/o.W/o. Sh. _______________________________
Resident of _________________________________________________
the
absolute
and
valid
legal
attorney
of
Sh./
Smt.
__________________________________________________________
_
Prop./Partner
of
M/s
__________________________________________
by virtue of powers vested in me vide Special/General power of Attorney
registered under No. ___________On ______________________ with
___________________________ (name of Registering Authority),
original thereof annexed hereto, which shall form an integral part of this
Affidavit, do hereby solemnly affirm and declare as under:
1.

That I/We , on behalf of original allottee/lessee, his/their heirs/successors

of plot no.______________Phase. ___________________ measuring
___________________ Sq. Yds. in the Industrial Focal Point at
_________________________, leased to him on 99 years lease hold
basis by the Punjab Small Industries & Export Corporation Ltd.,
Chandigarh, the lessor Corporation vide allotment letter No.
___________________ dated _____________________ have entered
into a deal for the transfer of referred leased property on behalf of the
allottee in favor of Sh. Smt. _________________________________S/o.
D/o. W/o. Sh. ______________________________________Resident of
______________________________________________Prop./Partner of
M/s ____________________________________________________

2.

That I/We have duly released full consideration amount covering the full
cost of property referred to herein above, as per the deal agreed upon
between the transferor and transferee, the receipt of which is hereby
acknowledged and confirmed.

3.

That I/We hereby consent for the transfer in favor of Sh./Smt/M/s.

__________________________the transferee, referred to here in above.

4.

That I/we hereby also agree to revoke the original lese deed registered
under No. _______________________________Dated _________with
___________________________ and authorize the lessor Corporation
and the transferee to execute a fresh lease deed in his/their favor for the
property referred to herein above.

5.

That the said transfer referred to herein above is not a family transfer and
in case the PSIEC, who is the absolute owner of the property in question
would suffer any loss on account of this transfer in the name of transferee
referred to above, the deponent, his/their property and persons shall be

liable to make good the loss of any sort which may be sustained by the
PSIEC on account of this transfer.
6.

That the legal heirs/successors of the deponent shall also be liable to

make good the loss, if any, suffered by the PSIEC.

7.

That in case any legal heirs or other persons shall make any claim on the
property in question, the litigation of the same shall be defended by the
deponent at his risk and costs and the loss suffered by the PSIEC, if any,
on account of the same, will also be made good by the deponent , his
properties and persons.
DEPONENT

VERIFICATION
Verified that the above contents of this Affidavit are true and
correct to the best of my knowledge and belief and nothing has been
concealed therein and no part of it is false.
PLACE:
DATE:
DEPONENT

(On non-judicial stamp papers of Rs.25/- to be attested from the

Executive Magistrate Class 1)
INDEMNITY BOND
(FROM TRANSFEROR)
This indemnity bond is executed at _____________________
on this ____________________day of _________________________by
Sh./Smt. _____________________________S/o.D/o.W/o.____________
__________________________Sh.______________________________
_ Aged_________________resident of ___________________________
Whereas the executant is desirous of getting leased property
bearing Plot No.________________In phase _____________________
measuring ______________ Sq.Yd., Focal Point____________________
transferred in favor of Sh./Smt. ______________________________
______________________ S/o.D/o.W/o.Sh. _______________________
Aged_____________________resident of ________________________
Prop./Partner of M/s _________________________________________
And whereas the PSIEC, Chandigarh has asked the executant to
furnish indemnity bond for the same.
Now this indemnity bond witnessth as under :1 That the said transfer which is sought in the name
Sh./Smt./M/s._____________________________ Is not a family transfer
and in case the PSIEC, would suffer any loss on account of this transfer in
his/their name, the executant, his/her their property and persons shall be
liable to make good the loss which may be sustained by the PSIEC or its
employees on account of this transfer.
2 That the legal heirs/successors of the executant shall also be liable to
make good the loss, if any, suffered by the PSIEC.
3 That in case any legal heirs/ other persons shall make any claim
regarding this plot , the litigation of the same will be defended by the
Executant at his/ their risk and costs and the loss suffered by the PSIEC,
will also be made good by the executant and his/her/their properties and
persons.
In the presence of the following witnesses, this indemnity bond is
signed_____________________
EXECUTANT
WITNESSES:
1.________________________________

2.________________________________

(On non-judicial stamp papers of Rs.15/- to be attested from the

Executive
Magistrate Class-1 the Executive Magistrate Class-1)
AFFIDAVIT
(FROM ATTORNEY OF ALLOTTEE)
I, __________________________________, aged ___________
Years S/o. D/o.W/o. Sh. _____________________________________,
resident of __________________________________________________
Lawful Attorney of Sh. ________________________________________
resident of__________________________________________________
now at _____________________________________________________
in respect of his Industrial plot No. _________________________, Phase
_________________________
Industrial
Focal
Point
____________________________. do hereby solemnly affirm and
declare as under:
1.

2.
3.

4.
5.

6.

That Sh. __________________________________________________

S/o. D/o.W/o. Sh. ____________________________________________,
resident of____________________________ is the allottee of Plot No.
____________________ Phase, ________, Industrial Focal point
______________________________ measuring ____________ Sq.Yds.,
duly allotted to him by the Managing Director, Punjab Small Industries &
Export Corporation Ltd., Chandigarh, vide allotment letter No.
________________________, dated ________________
That I am authorized legal attorney of Sh. ________________________
Registered vide No. ____________________________ dated _________
in respect of above property.
That the original allottee Sh. _________________________________
S/o. D/o. W/o. Sh. ___________________________________________
resident of ___________________ is still alive.
That the General/Special Power of Attorney entered/registered vide No.
__________, dated ____________In the office of Sub Registrar
______________, has not been revoked.
That
my
specimen
signatures
duly
attested
by
_____________________________ on their letter pad are enclosed
herewith.
That the plot is free form all sorts of encumbrances.
DEPONENT
VERIFICATION
Verified that the above contents of this affidavit are true and
correct to the best of my knowledge and belief and nothing has been
concealed therein and no part of it is false.
PLACE:

DATED:

DEPONENT

(On non- judicial stamp papers of Rs.15/- to be attested form the

Executive Magistrate Class I)
AFFIDAVIT
(FROM ORIGINAL ALL0TTEE)
I/We _______________________aged_________________Years
S/o. D/o. W/o. Sh. ____________________________________________
Resident of ________________________________________________
Prop./Partner of M/s. _________________________________________
do hereby solemnly affirm and declare as under:
1.

That I/we have executed GPA in respect of Plot No. _______________,

Phase_______________Focal Point ___________________________
allotted
by
PSIEC,
vide
letter
No.
_____________________________________ dated _______________
in favor of _____________________________________________
registered with the office of __________________________vide No.
____________________________, dated ______________________

2.

That
the
GPA
registered
under
No.
________________
__________________ dated _____________Is still operative and has
not been revoked.

3.

That the plot is free from all sorts of encumbrances etc.

DEPONENT
VERIFICATION
Verified that the above contents of this affidavit are true and correct
to the best of my knowledge and belief and nothing has been concealed
therein and no part of it is false.
PLACE:
DATED:

DEPONENT

(On non-judicial stamp papers of Rs.5/-to be attested from the

Executive Magistrate Class- 1)
AFFIDAVIT
(FROM TRANSFEREE)
I/We ______________________________aged_______________
Years S/o.D/o.W/o.Sh. ________________________________________
Resident of ________________________________________________
Prop./Partner of./M/s. _________________________________________
Do hereby solemnly affirm and declare as under:
5.

That
I/We
accept
the
transfer
of
Industrial
Plot
No.
_______________________ in phase _______________of Industrial
Focal
point
_____________________________,
measuring
________________________ Sq. yds. on lease hold basis.

6.

That I/We further undertake to make payment of all the outstanding dues
for such amount as may be due or become liable/due against this plot at
any later stage.

7.

That I/We also accept terms and conditions relating to the transfer of the
plot as may be communicated by the PSIEC and shall abide by the
provisions and rules/regulations applicable there under as amended from
time to time.

8.

That I undertake to use the industrial plot so transferred for the purpose of
setting
up
a
unit
for
the
Manufacture
of
_______________________________________, which industry is not on
the banned list.
DEPONENT
VERIFICATION
Verified that the above contents of this affidavit are true and correct
to the best of my knowledge and belief and nothing has been concealed
therein and no part of it is false.
PLACE:
DATED:
DEPONENT

DETAILS OF TRANSFER FEE

(I). Plots allotted under the allotment policy of 01/06/96 and prior thereto
except those allotted under Off the Shelf scheme of Allotment Policy
notified on 24/11/92 and 01/06/96, will allowed to be transferred subject
to the payment of transfer fee of Rs.20/- per Sq. Yd. In lump sum plus
Rs. Three per square yard per annum from the date of original allotment /
last transfer in respect of plots allotted in or around Ludhiana , Mohali,
Derabassi , Jalandhar , Patiala and Rajpura, provided that the transfer is
otherwise admissible.
(II ) In respect of plots allotted at the places other than those specified in (
I ) above, transfer fee will be Rs. 10/- per Sq.Yd in lump sum plus Rs.
Three per square yard per annum from the date or of original allotment /
last transfer provided transfer is otherwise admissible as per Allotment
Policy/Transfer Policy, as in the case of (i) above.
( PART OF YEAR IS TO BE TAKEN AS FULL)

TRANSFER OF PLOT IN CASE OF DEATH OF

ORIGINAL ALLOTTEE/ PARTNER/SUBSCRIBER DIRECTOR (IN CASE
OF COMPANY).
1

Upto date payment including enhanced cost, extension fee if any, has
been received.

Affidavit from Legal Heir(s), other than beneficiary / transferee

individually / jointly on non-judicial stamp papers worth Rs.15/-, attested
by Magistrate Ist.Class, as per Format

Affidavit from beneficiary Legal Heir(s) /transferee on non-judicial stamp

papers worth Rs.15/-, attested by Magistrate Ist. Class, as per Format.

Indemnity Bond from beneficiary legal heir(s)/transferee on non-judicial

stamp papers worth Rs.25/-, attested by Magistrate Ist.Class, as per
Format .

Original copy of Death Certificate.

In case of partnership firm, relevant dissolution deed/partnership deed,

attested by notary public/First-class Magistrate and in case of a Company,
current list of shareholders with shares, list of directors and resolution
regarding change and authorised signatory attested by CA shall be
required alongwith copy of Form 32 of changes.

On non-judicial stamp paper of Rs.15/- to be executed by Legal Heir(s)

(other than beneficiary/transferee), individually to be attested by Executive
Magistrate Class I )
AF F I D AV I T
I,,

________________________________________________
S/O
W/H/O
Sh./Smt.
_________________________________________aged _______ years,
resident of ____________________________________, do hereby
solemnly affirm and declare as under :1.
That Sh./Smt.__________________________________________
S/O W/H/WO Sh./Smt. _______________________________________,
allottee/partner of allottee firm/subscriber promoter-Director of allottee
Company M/S _______________________________________________
of
Plot
No._________,
Phase
__________,
Focal
Point
_________________ has expired on _____________, as per Death
Certificate No. _____________________, dated _______________,
issued by _______________________________ original/copy thereof
annexed hereto, which shall form an integral part of this Affidavit, leaving
behind the following legal heir (s) :Sr.No. Name of Legal Heir
Age
Relationship with the
deceased
1.
2.
3.
2.
That the deponent is one of the above named legal heir (s) ; of the
said deceased Sh./Smt.________________________, S/D/W/H/O of
Sh./Smt. _________ ________________________________________
3.
That except the name(s)/particulars of legal heir(s) detailed and
declared above, there is no other legal heir(s) of the deceased Sh./Smt.
____________________ and the property under reference is free from all
sort of encumbrances and no dispute of any sort is existing between the
legal heirs/any other person or party regarding this property.
4.
That the deponent hereby give his/her free, undisputed and
unconditional consent for the transfer/surrender of his part of share (s) as
legal heir of above named deceased, in favour of beneficiary legal heir
(s)/transferee, Sh./Smt. __________________________________, (2)
____________________________ (3) __________________________
5.
That the deponent has no objection in the transfer of the above plot
/his share in the above plot in the name of beneficiary legal
heir(s)/transferee referred to in para 4 above.
6.
That the deponent shall have no claim/stake/lien left on the above
property, nor he/she shall prefer/contest for claim of any sort against the
above plot/his share in the above plot after the transfer of his/her share in
favour of beneficiary legal heir(s)/transferee referred to in para 4 above.

7.
That
the
deceased
Sh./Smt.
___________________________________
S/D/W/H/O
Sh./Smt.
___________________________________________ had executed a
Will
on
________________________
in
favour
of
Sh./Smt._______________ in respect of the property under reference,
copy thereof annexed hereto and the deponent hereby declare that the
said Will is genuine and it bears the signatures of above named
deceased. (Strike out if not applicable).
DEPONENT
VERIFICATION
Verified that the above contents of the Affidavit are true and correct to the
best of my knowledge and belief and nothing has been concealed therein
and no part of it is false.
DEPONENT
Place :
Dated :

(On non-judicial stamp paper of Rs. 15 /- executed by the beneficiary

legal heir (s) transferee, to be attested by Executive Magistrate class I)
AFFIDAVIT
I /we, (1) __________________________________s/d/w/h/o
Sh./Smt. _____________________________________ Aged _________
years _________ resident of __________________________________
(2) _____________(3) _________do hereby solemnly affirm and declare
as under. ;-1 That Sh./Smt/._________________________________________s/d/w/h/o
sh./smt.
___________________________________________Allottee
/partner of allottee firm /subscriber promoter-director of allotted company m/s
_______________ _______________of plot no. _____________________,
phase _______________ focal point )______________has expired on
_____________-, as per death certificate no. ________________________,
dated on _________issued by
______________________________,
original /copy thereof annexed hereto. Which shall form an integral part of
this affidavit, leaving behind the following legal heir(s) ;Sr.No. Name Of Legal Heir
Deceased

Age

Relationship With The

1.
2.
3.
2) That except the name (S) particulars of legal heir (s) detailed and declared
above there is no other legal heir (s) of the deceased sh./ smt.
_____________________and the property under reference is free from all
sort of encumbrances and no dispute of any sort is existing between the legal
heirs/any other person or party regarding this property .
3) That the above named deponent (s) is /are /not the beneficiary(s) from the
above named legal heir (s) of the deceased referred to in para 1 above.
4) That the remaining other /all legal heir (s) has/ have separately given
his/their free undisputed and unconditional consent for the transfer/surrender
of his/their part of share(s) as legal heir (s) of the above named deceased, in
favour of the deponent (s) beneficiary legal heir(s) transferee.
5) That the deponent(s) as beneficiary legal heir(s) of the above
deceased/transferee, hereby accept the transfer of industrial plot/share(s)

therein-bearing plot No. ____________, Phase ________, Focal Point

___________________ , measuring ___________ Sy. Yds.
as its
proprietor/Partner(s)/Subscriber
(s)
Director
(s)
of
M/S
_________________________________________, alongwith its other
existing partner (s)/Subscriber(s) Director(s), as per copy of partnership
deed/list of Subscribers-Director(s), as per copy of partnership deed/list of
Subscribers-Director(s) dated _________________, thereof annexed hereto.
6) That the deponent (s) further undertake to make payment of all the
outstanding dues /charges for such amount as may be due or become
liable/due against this plot at nay-later stage.
7) That the deponent (s) also accept terms and conditions relating to the
transfer of the plot under reference as may be communicated by the PSIEC
and shall abide by the provision and rules/regulations applicable there under
as amended from time to time.
8) That the deponent (s) hereby undertake to use the industrial plot so
transferred for the purpose of setting up/running a unit for the manufacture of
_____________________, which industry is no on the banned list.
9) That the deceased Sh./Smt.
_________________________S/o/w/h/o
Sh./Smt. _______________had executed a will on ___________ in favor or
Sh./Smt.______________ in respect of the property under reference copy
thereof annexed hereto and the deponent hereby declare that the said will is
genuine and it bears the signatures of above named deceased. (strike out if
not applicable.)
Deponent

VERIFICATION
Verified that the above contents of this affidavit are true and correct to the
best of my knowledge and belief and nothing has Ben concealed there in
and no part of it is false.
Place;
Dated;

Deponent
.

( On non-judicial stamp papers of Rs.20/- to be executed by the

beneficiary legal heir (s) as transferee, to be attested by Executive
Magistrate class I ).
INDEMNITY BOND
This indemnity bond is executed at ___________________on this
_____ day of ________200____ by (1) Sh./ Smt. ___________________
S/o/W/o
Sh./Smt.
___________________Aged___________years,
resident
of
___________________________(2)_____________
______________________________
(3)
___________________________________ Proprietor/Partner/Promoter/
Director of M/S _________________________________.
Whereas the executant (s) is/are desirous of getting
leased/free hold property/share of the deceased Sh. / Smt.
_____________________ bearing Plot No. _______ in Phase
__________
measuring
___________sq.yd,
in
focal
point
________________ transferred in his /their favour.
And whereas the PSIEC, Chandigarh has asked the
executant (s) to furnish indemnity bond for the same.
Now this indemnity bond witnessth as under : -1.

That the said transfer, which is sought in the name of Sh./Smt./M/s

__________________________________ is not a family transfer and
in case the PSIEC and or its officer (s) official (s) would suffer any loss
because of this transfer in his/their name, the Executant(s), his/their
property and persons shall be liable to make good the loss which may
be sustained by the PSIEC or its employees on account of this transfer.

2.

That the legal heirs/successors of the executant shall also be liable to

make good the loss if any, suffered by the PSIEC.

3.

That in case any legal heir (s) other person (s) shall make any claim
regarding this plot, the litigation of the same shall be defended by the
executant (s) at his/ her /their risk and costs without involving PSIEC
and or its employees into the same and the loss suffered by the PSIEC
and or its employees will also be made good by executant (s) and
his /her/their properties and persons.
In the presence of the following witnesses, this indemnity bond is
signed.
EXECUTANT(S)
Witnesses:

1. ______________________
2. _______________________