ASSIGNMENT OF DECRETAL DEBT





THIS DEED is made _________ (as in Precedent No. 3).

WHEREAS the Assignor obtained a simple money decree in Suit No_____ of _______ of the Court of the _________ decided on._________ against CC.;

AND

WHEREAS the said CC. did not file any appeal and the said decree became final;

AND

WHEREAS the Assignor is unable to execute the said decree on account of his continued absence from _________.;

AND

WHEREAS if the said decree is not executed on or before _________ it will become time-barred;

AND

WHEREAS the sum of Rs _________ is now owing on account of principal, interest and cost on the said decree;

AND the said AA. has agreed to transfer the said decree to BB. for the sum of Rs _________

NOW THIS DEED OF ASSIGNMENT WITNESSES that in pursuance of the said agreement and in consideration of the said sum of Rs_________ the said AA. hereby assigns unto the said Assignee ALL THAT sum of Rs_________ now owing on the said decree and all future interest to become due and the full benefit of the said decree and judgment TO HOLD unto the said Assignee the said decree and all interest, benefit and obligation thereunder.

IN WITNESS whereof (as in Precedent No. 3).

Witness: 1. AAB.

Assignor.

2. BB.

Assignee.