Draft "A specimen of deed of Assignment of shares of a company".

SPECIMEN OF DEED OF ASSIGNMENT OF SHARES OF COMPANY THIS ASSIGNMENT is made this -------day of --------between AB, son of -------- resident of ----- (hereinafter called 'the Assignor') of the one part, and CD, son of -------- resident of -------- (hereinafter called 'the Assignee') of the other part. THE DEED WITNESSES: That in consideration of the sum of ₹-------- (Rupees --------) paid by the assignee to the assignor, the receipt whereof the assignor hereby acknowledges, the said AB hereby assigns, sells and transfers to the said CD -------- Equity Shares of ₹-------- each, fully paid up, bearing consecutive Nos.-------- to -------- (inclusive), which stand in the name of the assignor in the Register of Members of -------- Co. Ltd. TO HOLD the same to the assignee absolutely, subject nevertheless to the conditions on which the assignor held the same up to date. AND the assignee hereby agrees to take the said Equity Shares subject to such conditions. IN WITNESS WHEREOF the assignor and the assignee do hereto affix their respective signatures on the day, month and the year stated above. Witness : Witness : Assignor: Assignee: