PARTIAL ASSIGNMENT

 

PARTIAL ASSIGNMENT

WHEREAS Shri A, son of Shri……………resident of…………….is indebted to me for a sum of Rs……………..under a bond  dated ……………..AND WHEREAS I am, willing to assign a sum of Rs . ………………. out of the said sum of ……………..due from Shri A under the bond dated ……………..to Shri. B.

Now I……………..of ……………..hereby assign unto B son of………………….resident of ……………..a sum of Rs ……………..and the B……………aforesaid is now entitled to receive the sum of Rs…………… as aforesaid from the said A and give discharge therefor under his receipt.

The aforesaid A has consented to this assignment and has subscribed his signature hereto.

Dated at…………….. this ……………..day of……………..          20……………..

                              ……………..                                         ……………..

                                                                                                    A                                                          C


Rating: 5 out of 5.

Rating: 5 out of 5.

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The document provided above is a draft format intended solely for informational and reference use. It does not constitute legal advice or professional opinion. You are advised to consult a qualified Chartered Accountant, Company Secretary, or legal advisor before relying on or using this format.

Company Mitra shall not be held liable for any consequences arising out of misuse or reliance on this content without proper professional consultation.
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