Draft a deed of assignment of the business debts with assumed data.

This dated of Assignment is made this ............day of ............ Between CD s/o............residing at ............ (hereinafter referred to as the 'ASSIGNOR' or which term shall include his heirs legal representative) of one part and AB s/o of ............residing at ............ (hereinafter referred to as the 'ASSIGNEE(S)') of other part. WHEREAS THE 'ASSIGNOR' has for some time past carried on the trade or business of, etc, in the course whereof the several persons whose names, address and occupation are mentioned in the schedule hereunder written, have become lawfully debtors to him and so for the several sums of money set opposite to their respective names, and whereas the 'ASSIGNOR' has contracted with the 'ASSIGNEE' for the absolute sale to him of the said business debts at and for the sum of ₹............NOW THIS DEED WITNESSES that is consideration of the sum of ₹............now paid to the 'ASSIGNOR' by the 'ASSIGNEE' (the receipt of the sum 'ASSIGNOR' hereby acknowledges), the said CD sells, transfers and assigns unto the said AB all the several said dates and sum of money specified in the said schedule which are now due and owing to the 'ASSIGNOR' TO HAVE AND TO RECEIVE them for his absolute use and benefit with absolute power to enforce payment thereof by suit AND that the 'ASSIGNOR' does hereby covenant with the assignee that all the several debts are lawfully due to him and the parties by whom they are payable are alive and further that he has not entered into any arrangement with any of them AND that the 'ASSIGNOR' shall at all times hereafter do execute, and perform all such and other acts, deeds etc. As may be reasonably required for further and better transferring and/or assuring them or any of them. Schedule above referred to Signed, sealed, sealed and delivered etc. CD AB