Annexure 20
Annexure 20
Annexure 20
We, the undersigned, declare that we are the members of Joint HUF under the name and style of M/s. _______________
__________________________ (HUF) and further declare as under:
(b) Shri __________________________ is the Karta/Manager of HUF and is authorised to open and operate
(c) That, Karta is authorised to sign on behalf of the HUF or firm and has full and unrestricted authority to bind all the
members of HUF however constituted from time to time
(d) All instructions and transactions entered into with the bank and obligations and liabilities entered or incurred by all
or any one or more of us on behalf of the HUF for the account/s whether in credit or overdraft, shall be binding on each
member of HUF, present and future, personally and on the estate of each of us and shall be subject to applicable terms
and conditions as may be specified by ICICI Bank from time to time which we agree to abide by. We further declare that
all claims due to the bank from the said HUF shall be recoverable personally from all or any of us and also from the entire
properties of the said HUF.
(e) We undertake to inform you any change in the constitution of the HUF by any reason including due to any addition
of members, or on account of the death of any member of the HUF.
Sincerely,
1.
2.
5.
Note: To be signed by all co-parceners, including female co-parceners. Name should be given on the left hand side with details
like s/o, d/o, w/o with address where the address is different from the HUF address. Minors name (and date of birth) to be
mentioned like 'A' (minor) through 'B' the natural guardian.