Form No. Legal -2

MEMORANDUM OF DEPOSIT OF TITLE DEEDS

Know all men by these presents that We, M/s………………………………………………a Public/Private Limited Company within the meaning of Companies Act, 1956 bearing certificate of incorporation No. ……………………….having our Regd. Office at…………………………….represented through Shri…………………………………… the Directors/Mortgager do hereby confirm that we have already deposited all our title deeds described in First Schedule in respect of our property described in Second Schedule below with ODISHA State Financial Corporation, Cuttack acting as an agent of Industrial Promotion and Investment Corporation of ODISHA Limited ( hereinafter called the Corporation) with an intent to create mortgage /re mortgage by deposit / constructive deposit of title deeds, being authorised as per resolution, dated……………………. as security for repayment of the loan amount of…………………. sanctioned by

the Corporation vide sanction Order Dt…………… and payment of interest and other dues payable by us to the Corporation in terms of the loan agreement executed between the Corporation and ourselves.

First Scheduled Schedule of Title Deeds and other documents deposited

 

Second Schedule (Description of Immovable Property Mortgaged)

 

Place:

Signature

Date:

Confirming

Deposit of title Deeds.