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:
1.
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”).
2.
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.]
3.
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:—
1.
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.
2.
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.
3.
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.
4.
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.
5.
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.
6.
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. ______________