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    Trust Declaration Format

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    autosparkles
    The document is a letter from a Trust to India Infoline Investment Services Ltd requesting a loan of a specific amount of Rupees. It approves the terms of the Master Financing Agreement and Power of Attorney to be executed. It also authorizes the pledging of shares, debentures, bonds, commodities and other securities as collateral for the loan and agrees to create a pledge or lien on any dematerialized securities in favor of India Infoline. It further authorizes two individuals to finalize and execute all necessary security documents required by India Infoline for the financial assistance on behalf of the Trust.

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    Attribution Non-Commercial (BY-NC)
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    Trust Declaration Format

    Uploaded by

    autosparkles
    133 views1 page
    The document is a letter from a Trust to India Infoline Investment Services Ltd requesting a loan of a specific amount of Rupees. It approves the terms of the Master Financing Agreement and Power of Attorney to be executed. It also authorizes the pledging of shares, debentures, bonds, commodities and other securities as collateral for the loan and agrees to create a pledge or lien on any dematerialized securities in favor of India Infoline. It further authorizes two individuals to finalize and execute all necessary security documents required by India Infoline for the financial assistance on behalf of the Trust.

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    The document is a letter from a Trust to India Infoline Investment Services Ltd requesting a loan of a specific amount of Rupees. It approves the terms of the Master Financing Agreement and Power of Attorney to be executed. It also authorizes the pledging of shares, debentures, bonds, commodities and other securities as collateral for the loan and agrees to create a pledge or lien on any dematerialized securities in favor of India Infoline. It further authorizes two individuals to finalize and execute all necessary security documents required by India Infoline for the financial assistance on behalf of the Trust.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    133 views1 page

    Trust Declaration Format

    Uploaded by

    autosparkles
    The document is a letter from a Trust to India Infoline Investment Services Ltd requesting a loan of a specific amount of Rupees. It approves the terms of the Master Financing Agreement and Power of Attorney to be executed. It also authorizes the pledging of shares, debentures, bonds, commodities and other securities as collateral for the loan and agrees to create a pledge or lien on any dematerialized securities in favor of India Infoline. It further authorizes two individuals to finalize and execute all necessary security documents required by India Infoline for the financial assistance on behalf of the Trust.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Date _________ To, India Infoline Investment Services Ltd. IIFL House, Sun Infotech Park, Road No.

    16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane- 400 604

    Dear Sir/Madam, We wish to borrow a loan of Rs. ______________/- (Rs_________________________________ only) from India Infoline Investment Services Ltd. (IIISL) on the terms and conditions as detailed in the Master Financing Agreement & Power of Attorney to be executed with IIISL. The Trust do approve the draft of the Indenture of Master Financing Agreement & Power of Attorney, and appropriate letters and instructions (acceptable to IIISL) to be forwarded to the Depository / Depository Participant, Banks, Registrar and Transfer Agents or any other agencies in this regard, any other documents etc. We further state that in connection with the aforesaid Facility from IIISL, the Trust do hereby give its consent to the giving and creation of the pledge and/or negative lien and/or transfer of the shares/ debentures/ bonds/commodities/units of mutual fund and other marketable securities belonging to the Trust as may be pledged/offered as collateral with IIISL from time to time, in favour of IIISL and the Trust do hereby agree to enter a pledge/ mark a lien in favour of IIISL in respect of dematerialized securities; We further state that Mr. ___________________________________ and Mr. __________________________ the Authorised Signatory of the Trustee Company be and are hereby authorised jointly/severally on behalf of the Company to approve, finalise, execute, create or cause to be created on behalf of the Trust, the necessary security/security documents and all the necessary documents in favour of IIISL as required and acceptable by IIISL in connection with the said financial assistance;

    For __________________________ Trust

    Trustee

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