Indemnity
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DEED OF DECLARATION, WARRANTY AND INDEMNITY BY THE SELLERS OF THE SHARES IN A PRIVATE LIMITED COMPANY
This is a precedent of Deed of Declaration, Warranty and Indemnity by the Sellers of the shares in a Private Limited Company wherein the seller indemnifies the purchasers against any loss, damage, claim, costs and charges sustained by the purchasers on any of the representations made by the seller as detailed in the Deed.
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DEED OF INDEMNITY IN RESPECT OF TITLE TO THE PROPERTY
This is the precedent of a Deed of Indemnity whereby the obligor/owner of an immovable property indemnifies the obligee/Purchaser against any loss, damage, demand, action, dispute, claim and other costs and charges that may be sustained by the obligee/Purchaser on account of the representations made in the Deed of Conveyance.
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DEED OF INDEMNITY FOR LOSS OF TITLE DEEDS
This is the precedent of a Deed of Indemnity wherein the obligor/Seller indemnifies the obligee/Purchaser against all claims arising on account of non-availability of the documents and delivery of the same to the oblige/Purchaser as listed therein.
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INDEMNITY-DECLARATION TO ENABLE THE CONCERNED GOVERNMENT AUTHORITIES TO TRANSFER THE PROPERTY IN THE NAME OF THE LEGAL HEIR/S OF THE DECEASED
This is the precedent of Indemnity cum Declaration executed by the legal heirs of the deceased in favour of the concerned Government Authority indemnifying it against any loss, damage, claims, costs and charges sustained by them on account of the steps taken in transferring the property in the name of such legal heirs.
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DEED OF INDEMNITY AGAINST THE PARTNERSHIP LIABILITIES WHERE ONE OF THEM IS TAKING OVER THE BUSINESS
This is the precedent of a Deed of Indemnity wherein on account of the dissolution of Partnership, the obligor shall continue the business as a sole proprietor and indemnifies the oblige from all past, present and future liabilities of the partnership firm as detailed in the Deed of Partnership.
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