Format of NOC by Female Coparceners to waive off their right/share in HUF property
DECLARATION/NOC BY CO PARCENERS OF HUF
To
Dear Sir,
1) I/we ……………………………………………( Name of Co-Parceners ) hereby declare that I/we are the Co-Parcener of the HUF ……………….. … (Name of HUF)
2) We all the below mentioned coparceners declare that we bequeathed our share in the Hindu undivided family property including our share in the business and the bequest was in favour of ….,, and all the legatees were entitled to share in the bequest equally.
3) We further state that we released our right, title and interest in the business in favour of the other legatees, namely,…..
4) We who was described as a party of the second part was releasing all our right, title and interest as an heir of her FATHER in the joint family firm and we had no claim or demand whatsoever in the goodwill, trade name, assets, liabilities, outstandings and stocks of the said firm and the parties of the first part, that is,………, had become absolutely entitled thereto
5) We further state that the children of this person will also not be able to stake claim over the property in future.
Yours faithfully
(coparcener of the HUF)
HUF Stamp to be affixed
List of Co-parceners
Name | DOB | Relationship with the Karta | Signature |
To be signed by all members including female members
Sorry young man but you need to improve drafting and study/research more the subject.
Thank you so much sir for your Honest Feedback. It will be great if you will suggest some improvements in the above Drafting .