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Regd. Office: 5 Tel. +91172-5256400-401 Fax: +91172-2702423 E-Mail: CIN:U17219CH1976PLC003642

This document outlines the process and requirements for transferring an industrial plot within a family/blood relation in Punjab, India. It lists 9 items that must be completed, including: [1] being up-to-date on plot payments, [2] the plot having no encumbrances, [3] submitting signed declarations and bonds, [4] providing partnership documents if a firm, and [5] paying a processing fee. It provides templates for an application form, declaration from the transferor, and a joint indemnity bond between the transferor and transferee.

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MUNISH GUPTA
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0% found this document useful (0 votes)
117 views8 pages

Regd. Office: 5 Tel. +91172-5256400-401 Fax: +91172-2702423 E-Mail: CIN:U17219CH1976PLC003642

This document outlines the process and requirements for transferring an industrial plot within a family/blood relation in Punjab, India. It lists 9 items that must be completed, including: [1] being up-to-date on plot payments, [2] the plot having no encumbrances, [3] submitting signed declarations and bonds, [4] providing partnership documents if a firm, and [5] paying a processing fee. It provides templates for an application form, declaration from the transferor, and a joint indemnity bond between the transferor and transferee.

Uploaded by

MUNISH GUPTA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Regd.

Office : 5th - 6th Floor, Udyog Bhawan, 18,


Himalaya Marg, Sector-17 Chandigarh- 160017
Tel. +91172-5256400- 401 Fax: +91172-2702423
E-mail: punjabinfotech@punjabinfotech.gov.in
website: www.punjabinfotech.gov.in
CIN:U17219CH1976PLC003642
PUNJAB INFORMATION AND
COMMUNICATION TECHNOLOGY
CORPORATION LTD.
(A State Government Undertaking)

TRANSFER OF PLOT WITHIN FAMILY/ BLOOD


RELATION

Plot No._____________ Phase ________ Focal Point_____________

Name of the applicant______________________________________

Father’s / Husband’s Name _________________________________

Address: ________________________________________________

Mobile No.______________________________________________

E-mail _________________________________________________

Regd. Office : 5th - 6th Floor, Udyog Bhawan, 18, Himalaya Marg,
Sector-17 Chandigarh- 160017
Tel. +91172-5256400- 401 Fax: +91172-2702423
E-mail: punjabinfotech@punjabinfotech.gov.in
website: www.punjabinfotech.gov.in
CIN:U17219CH1976PLC003642
TRANSFER OF INDUSTRIAL PLOT

Check List
Transfer of Industrial plot shall be allowed on completion of the following formalities / documents:
1 Upto date payment towards price of plot has been received including enhanced land cost,
extension fee etc. or submission of proof of production issued by GM(DIC) as applicable alongwith
Indemnity bond as per prescribed format

2 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 1 st/2nd/3rd charge (s) etc. or no objection
certificate from financial institution for transfer of Industrial Plot within family/blood relation.

3 Self Declaration from transferor on non-judicial stamp paper of 25/- duly sworn and executed
before NOTARY PUBLIC.

4 Joint Indemnity bond from transferor and transferee on non-judicial stamp paper of Rs. 50/- duly
sworn and executed before NOTARY PUBLIC.

5 Self Declaration from Transferee on non-judicial stamp paper of Rs. 25/- duly sworn and executed
before NOTARY PUBLIC.

6 Partnership deed of Transferor / Transferee in case of partnership firm duly attested by Notary
Public.

7 Request for transfer along with payment of applicable processing fee as under:-
Size of plot allotted Processing fee
Upto 500 Sq.yds Rs. 5,000/-
500 – 1000 Sq.yds Rs. 10,000/-
1000 Sq.yds -1 Acre Rs. 15,000/-
1 Acre and Above Rs. 20,000/-

8 After completion of formalities and examination of documents, personal appearance of transferor


would be required in the office of PICTCL, Chandigarh, before issuance of transfer letter.

9 Family/blood relation covers father, mother, wife, husband, son, brother, sister, daughter, grand son
and grand daughter.
APPLICATION FORM

To

The Managing Director


PICTCL Ltd.
18, Himalya Marg
Udyog Bhawan
Sector 17-A
Chandigarh

Subject: Transfer of Industrial/residential Plot/Shed No.____________,


Phase_____________ Focal Point/Growth Centre___________________
within family/blood relation.

Sir/Madam,

I/we are the allottee of the plot/shed as mentioned above and wish to seek
transfer of above plot in favour of Sh./Smt./M/S
__________________________________. All the requisites documents are enclosed. It
is further certified that neither there is any litigation pending in any court of law nor any
injunction issued by any court of law restraining the transfer/sale of the said property. I/we
do hereby certify that the above information is true and correct and nothing has been mis-
stated or concealed therein. All the requisite documents and requisite transfer fee , as per
checklist, are enclosed.

It is requested that transfer of above plot may be allowed .

Date:_________________ Signature _______________________


(Name & Address of Owner (s)
SELF DECLARATION

(FROM TRANSFEROR)
(ON NON-JUDICIAL STAMP PAPERS OF RS.25/-TO BE ATTESTED FROM NOTARY PUBLIC)

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/free hold basis by the Punjab Information and Communication Technology
Corporation Ltd. Chandigarh, the lessor/Vendor Corporation, vide allotment letter
No._________________________Dated ________________and I / we have
entered into a deal for the transfer of referred leased/free hold 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 realized 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 PICTCL, 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 PICTCL 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 PICTCL on account of this transfer.
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 PICTCL, 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
JOINT INDEMNITY BOND

(On non-judicial stamp papers of Rs.50/- to be attested from NOTARY PUBLIC)

(FROM TRANSFEROR & TRANSFEREE)

This indemnity bond is executed at ______________________on this _________


day of ______________________________by Sh./Smt. _________________________
S/o.D/o.W/o. _______________________Sh.____________________________ Aged
_____________ resident of ______________________(transferor) and by by Sh./Smt.
__________ S/o.D/o.W/o____________________Sh.____________________________
Aged _____________ resident of ______________________ (transferee)

Whereas the executants(s) is desirous of getting leased/free hold 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 PICTCL, Chandigarh has asked the executant to furnish
indemnity bond for the same.

Now this indemnity bond witness as under :-

1. That the said transfer which is sought in the name


Sh./Smt./M/s._____________________________ is a family transfer and in case
the PICTCL, 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 PICTCL 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 PICTCL.

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 PICTCL, 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.________________________________
SELF DECLARATION
(FROM TRANSFEREE)
(On non-judicial stamp papers of Rs.25/-to be attested from NOTARY PUBLIC)

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/free 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 PICTCL 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

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