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APPOINTMENT OF A NEW TRUSTEE

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APPOINTMENT OF A NEW TRUSTEE Powered By Docstoc
					                         APPOINTMENT OF A NEW TRUSTEE

THIS TRUST DEED is made on this ________ day of ____________ between
Sh.___________ s/o Sh._____________r/o _________________, Sh.______________ s/o
Sh._____________r/o _________________ and Sh.______________ s/o Sh._____________r/o
_________________ hereinafter referred to as "the continuing trustees" of the one part
AND
Sh.______________ s/o Sh._____________r/o _________________ (hereinafter referred to as
"the new trustee") of the other part.
WHEREAS
1. A deed of trust (hereinafter referred to as "the trust deed") was executed on ________ between
Sh.___________ s/o Sh. ___________ r/o _________________ (the author of the trust) and
between Sh._____________ s/o Sh. _____________ r/o ___________________ and the
continuing trustees whereby the said Sh.______________ and the continuing trustees were
appointed as trustees for the purposes mentioned in the trust deed.
2. The Clause ___ of the trust deed provides that in case of a vacancy amongst the said trustees,
the remaining trustees shall have power to appoint a new trustee to fill up the vacancy.
3. The said Sh. _________________ died on ________________ / resigned with effect from
______________ thereby causing a vacancy in amongst the trustees.
4. The continuing trustees, by virtue of the power vested in them by clause___ of the trust deed
proposed to appoint Sh._____________ as the trustee in place of the said Sh.________________
NOW THIS DEED WITNESSETH AS FOLLOWS:
That the continuing trustees, by virtue of the powers vested in them by the trust deed, hereby
appoint the new trustee as a trustee of the said trust, for all purposes in place of Sh.
____________, jointly with the continuing trustees in the trust deed AND declare that henceforth
the continuing trustees and new trustee shall hold the trust property as trustees under the trust
deed and exercise all the powers and perform all the duties of trustees as specified in the trust
deed as if the new trustee was originally appointed as trustee by the trust deed.
IN WITNESS WHEREOF, the parties hereunto have signed this deed this _________ day of
__________.
Witness:
 1.                          Sh.____________           Sh.____________
                             Sh.____________



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                 (The Continuing Trustees)
2.
                     Sh.____________
                    (The New Trustee)




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