Page 96 - RK SURJIT ADV LAND SEARCH REPORT MGT MOTORS
P. 96

%,,.?<, S,win Silogl,                                            WAHENGBAM MAKHA LEIKAI
                                                                                  IMPHAL -795OOT
                       ADVOCATE                                                       (MANIPUR)






                             ii) lf yes, whether the search of Not applicable
                             charges of the property (to be
                             mortgaged)  has been carried  out with
                             Registrar of Companies (RoC)  in
                             respect of such vendor company /
                             LLP (selleo and the vendee  company
                             (purchaser)  ?
                             iii) Whether the above search of Not applicable
                             charges reveals any  prior
                             charges/encumbrances,  on  the
                             property (proposed to be mortgaged)
                             created by the vendor company
                             (seller) ?Yes / No.
                             iv)  lf  the  search  reveals            Not applicable
                             encumbrances /  charges,  whether
                             such charges/encumbrances  have
                             been satisfied? Yes/No
                       lo.   ln case of Societies, Association,  the  N/A
                             required  authority/power to borrower
                             and whether  the mortgage can be
                             created,  and the requisite  resolutions,
                             bye-laws
                       27    (a) Whether any POA is involved in       No
                             the chain of title?
                             (b) Whether the POA involved  is one     N/A
                             coupled with interest i.e.  a
                             Development Agreement-cum-Power
                             of Attorney if  so, please clarify
                             whether the same is a registered
                             document and hence it has created an
                             interest in  favour of             the

                             builder/developer  and as such is
                             irrevocable as per law.
                             (c) ln case the title document  is       N/A
                             executed  by the POA holder, please
                             clarify whether the POA involved is (i)
                             one executed  by the Builders, viz,
                             Companies/Firms/ lndividual or
                             Proprietary Concerns  in favour of their
                             Partners/ Employees/ Authorized
                             Representatives  to sign Flat Allotment
                             Letters, NOCs Agreements  of Sale,
                             Sale Deeds, etc in favour of buyers of
                             flats/units (Builder's POA) of (ii) other
                             type of POA (Common  POA).


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