Gift Deed Form printable pdf download

To be made on Rs.100 stamp paper

GIFT DEED

This Gift Deed is made at _________________ (city/town, etc.) on this ______ day of ____________ , 2008

BY AND BETWEEN

Mr./Mrs./Miss ___________________ son/wife/daughter of _______________, [insert religion here], adult, resident of

__________ _____________________, holder of CNIC No. _____________, (hereinafter referred to as “the Donor" which

expression shall mean and include his/her legal heirs, legal representatives, executors, administrators and assigns) of the

First Part

AND

Mr./Mrs./Miss ___________________ son/wife/daughter of _______________, [insert religion here], adult, resident of

__________ _____________________, holder of CNIC No. _____________, (hereinafter referred to as “the Donee" which

expression shall mean and include his/her legal heirs, legal representatives, executors, administrators and assigns) of the

Second Part

WHEREAS:

The Donor has been the exclusive lawful owner of the shares/securities, which are recorded in the Central

Depository Register (“CDR”) of the Central Depository Company of Pakistan Limited, (“CDC”), as Book-entry

Securities, which have been fully identified in the Schedule hereinbelow (hereinafter collectively referred to as

“the said Shares”).

The Donor is the [insert relationship here selecting from: husband/wife/son/daughter/grandson/grand

daughter/ brother/sister/grandfather/grandmother] of the Donee.

[Please delete this clause where gift is being given to a non-legal heir.]

The Donor is desirous of gifting the said Shares in favour of the Donee without any monetary consideration, out

of natural love and affection, of his/her own free will and without any force or compulsion and the Donee is

willing to accept the said Gift.

NOW THEREFORE THIS DEED WITNESSTH AS FOLLOWS:—

That out of natural love and affection for the Donee or in appreciation of charitable of philanthropic activities being

carried out by the Donee and as a mark of respect for the Donee and his/her/its esteem, the Donor hereby gratuitously

grants, transfers, conveys and assigns by way of an irrevocable gift the said Shares mentioned in the Schedule

hereinbelow with all the rights, titles, interests, benefits, etc. therein in favour of the Donee without any monetary

consideration, of his/her own free will and without any force or compulsion and the Donee hereby accepts the said

Gift.

The Donee hereby accepts the said Gift of the said Shares and all the rights, titles, interests and benefits, whatsoever in

respect thereof from the Donor, without any monetary consideration, of his/her own free will and without any force or

compulsion.

The Donor has hereby divested himself/herself/itself of the custody and ownership of the said Shares and shall be free

to instruct his/her/ participant/CDC to transfer the said Shares in the name of the Donee in the Donee’s Sub-

Account/Investor Account with CDC as mentioned below.

The Donor confirms, represents and assures that the said Shares are free from all claims, liens, pledges, charges, prior

gifts, bequests, inheritance claims, disputes, adverse titles or encumbrances of whatsoever nature.

That henceforth the Donee shall be the exclusive lawful owner of the said Shares and shall be entitled to receive all

dividends, bonus shares, rights, entitlements and other benefits accruing thereon and shall be entitled to hold, deal with,

transfer, alienate, encumber, gift, pledge, sell or dispose of the same, as the exclusive lawful owner thereof.

The applicable stamp duty, transfer fee, CDC’s charges and registration charges, if any, on this Deed shall be borne by

the Donor.

SCHEDULE OF THE SAID SHARES

__________________________

WITNESSES:

1. ___________________

_______________________

Name: _____________________

DONOR

CNIC No: ____________________

Address: ___________________

CDC A/C NO. ______________

___________________

2. ___________________

Name: _____________________

_______________________

CNIC No: ____________________

DONEE

Address: ___________________

___________________

CDC A/C NO. ______________

Gift Deed Form

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