FORM FOR AGREEMENT BETWEEN THE EMPLOYER AND EMPLOYEES FOR REFERENCE OF DISPUTES TO ARBITRATION

 

AGREEMENT

BETWEEN

Names of the Parties;

 

            Representing employers:

            Representing workmen/workman:

           

It is hereby agreed between the parties to refer the following dispute to the arbitration of ………………………… [here specify the name(s) and addressees) of the arbitrator(s)]:

 

(i)         Specific matters in dispute;

(ii)        Details of the parties to the dispute including the name and address of the establishment or undertaking involved;

(iii)       Name of the workman in case he himself is involved in the dispute or the name of the Union, if any, representing the workmen or workman in question;

(iv)       Total number of workmen employed in the undertaking affected;

(v)        Estimated number of workmen affected or likely to be affected by the dispute.

 

We further agree that the majority decisions of the arbitrator(s) be binding on us. In case the arbitrators are equally divided in their opinion, that they shall appoint another person as umpire whose award shall be binding on us.

 

            The arbitrator(s) shall make his (their) award within a period of                        ………………………. (here specify the period agreed upon by the parties) or within such further time as is extended by mutual agreement between us in writing. In case the award is not made within the period aforementioned, the reference to arbitration shall stand automatically cancelled and we shall be free to negotiate for fresh arbitration.

                                                           

                                                                                                Signature of the parties.

 

                                                                                                Representing employer.                

                                                                                                Workman/Representing WORKMAN / WORKMEN WITNESSES;

 

(1)

 

(2)

 

Copy to:

(i)         The Assistant Labour Commissioner (Central), ……………… (here enter office address of the Conciliation Officer in local area concerned).

(ii)          The Regional Labour Commissioner (Central)……………………… 

(iii)         The Chief Labour Commissioner (Central), New Delhi.

(iv)       The Secretary to the Government of India, Ministry of Labour, Employment and Rehabilitation (Department of Labour and Employment), New Delhi.

 

 

 

AGREEMENT BETWEEN AN OWNER AND AN ARCHITECT

FOR CONSTRUCTION OF A BUILDING

 

THIS AGREEMENT made at ……… on this ……. day of…….. 2000 and ………. between A, son of Shri X residing at ………. (hereinafter called "the Employer" which expression, unless it be repugnant to the context or meaning thereof be deemed to mean and include his heirs, administrators, executors, legal representatives, successors and assigns) of the ONE PART and Shri………..  ……… carrying on business in the partnership name and style of M/s ……… , having their place of work at ………. (hereinafter called "the architects" which expression shall unless it be repugnant to the context or meaning thereof be deemed to mean and include every partner for the time being of the said firm, the survivor or survivors of the legal representatives, administrators and assigns of the last survivor) of the OTHER PART.

 

WHEREAS the employer is desirous of constructing a building for his residence at ……..……….

 

AND WHEREAS the employer is desirous of appointing the architects as architects for the said building (hereinafter referred to as the "said works") and WHEREAS the architects have accepted the said appointment on the terms and conditions hereinafter contained.                                

 

Now, therefore, it is hereby agreed by and between the parties hereto as

follows:-

 

1.            The employer appoints M/s………… Architects, as architects for the said works.

 

2.            The architects shall render the following services in connection with and in regard to the said works:-                                                

 

(a)    Preparation of sketch designs (including carrying out necessary revisions till the sketch designs are finally approved by the employer), making approximate estimates to enable the employer to take a decision on the sketch designs;

 

(b)    Submission of the site plans and other drawings to the municipal corporation  ……….. and obtaining its approval;

 

(c)    Preparation of architectural working drawings, making structural calculations and preparing all structural, mechanical, sanitary, plumbing, drainage, electrical drawings, specifications, detailed estimates of cost or such other particulars as may be necessary for the preparation of bills of quantities;

 

(d)    Preparation of landscapes and planting drawings;

 

(e)    Preparation of six copies of the contract documents including all drawings, specifications, bill of quantities, or other particulars and such further details and drawings, as are necessary for the proper execution of the works; (f)Supervision and inspection of the said works by the general contractor, sub-contractor, consultant, etc. that may be engaged from time to time by visiting the site periodically;

 

(f)     To check measurements of works at site, checking contractor's bills, issuing periodical certificates for payment and passing and certifying accounts, so as to enable the employer to make payments to the contractors and making adjustment of all accounts between the contractors and the employer;

 

(g)    Submission of detailed account of the steel, cement and any such other material as the employer may specify, and certify the quantities utilised in the works;

 

(h)   Obtaining of building completion certificate and securing permission of

Municipal Corporation or other authority for the occupation of the building and obtaining refund of deposits, if any, made by the employer to the Municipal Corporation or other authority;

 

(i)    Any other service connected with the said works usually and normally rendered by architects and not referred to in any of the items referred to above.

 

3.            The architects shall submit to the employer the sketch plans, tender documents, etc. within the period stipulated in the Schedule hereto annexed.

 

4.            The architects shall exercise all reasonable skill, care and diligence in the discharge of duties hereby covenanted to be performed by them and shall exercise such general superintendence and inspection in regard to the said works as may be necessary to ensure that the work is being executed in accordance with the working drawings and specifications aforesaid and that the work is free from defects and deficiencies. The architects shall be fully responsible for the structural soundness of the works.

 

5.            The construction cost shall not exceed Rs. ……….. per square meter and should conform to the norms of ……… The construction cost shall not include:-

 

(a)     cost of land;

(b)     architects fees;

(c)     any services relating to fitting or fixtures not designed by the architects; and

(d)     soil testing fees.

 

6.            The architects shall not make any deviation, alteration, addition or omission from the approved drawings without the prior written consent of the employer.

 

7.            The architects shall on the completion of the work supply to the employer at their expenses two copies of one-eighth scale drawings (one of which shall be in tracing cloth); two complete sets of structural drawings and two sets of drawings sufficient to show the main lines of drainage, electrical installation and other essential services.

 

8.            The architects shall arrange for taking trial bores, test pits, or other preliminary tests required to be carried out before the commencement of the said works and submit their report to the employer. The cost of carrying out such tests shall be borne by the employer.

 

9.            The architects shall prepare a comprehensive program of work in consultation with the contractors, and arrange to have the work completed in an expeditious manner and in accordance with the program drawn up.

 

10.         The architects shall, at their own expenses engage a qualified (i) Electrical Engineer; and (ii) Sanitary, Drainage and Water Supply Consultant with the qualifications and experience approved by the employer to assist them in their work.

 

11.         Either party may terminate this agreement at any time by giving a written notice of two months to the other party. Even after the termination of their employment, the architects shall remain liable and be responsible for due certification/approval of any bills submitted by the contractors at any time, in respect of the work, executed before the termination of the architect's appointment; but shall not be entitled to additional remuneration therefor. If the architects shall close their business or die or become incapacitated from acting as such architects, then the Agreement shall stand terminated. If the architects fail to adhere to the time Schedule stipulated in the Schedule hereto annexed or the extended time which may be granted by the employer in its sole discretion, or in case there is any change in  the constitution of the firm of the architects for any reason whatsoever, the employer shall be entitled to terminate this agreement and entrust the work to some other architect.

 

12.         The employer or the architects shall not assign, sublet or transfer their interest in this agreement without the  written consent of the other.

 

13.         The employer shall pay to the architects as remuneration for the services to be rendered by the architects in relation to the said works, and in particular for the services hereinbefore mentioned, a fee calculated at the rate of 3% on the value of the works as estimated (including the authorised extra) or the value of the works actually executed and completed whichever is less.

 

14.         The employer shall pay fees to the architects in stages as follows:-

 

(a)  10% of the total fees, payable after completion and approval of the site plans by the employer;

(b)  30% of the total fees [less any amounts paid under clause (a) above], payable after completion of all drawings and the approval of site plan by the Municipal Corporation or other authorities;

(c)  10% on completion of detailed estimates, submission or recommendations on the contractor's rate to the employer, and execution of the contract documents for the various trades. The employer may make part payments in proportion to the services completed in respect of particular trades;

(d)  Out of the remaining 50% of the total fees, 30% of the total fees shall be paid by installments as the building work proceeds, and in proportion to the value of the said works as certified from time to time and balance 10% after final completion of the building and closing of accounts;

(e)  In case this agreement is terminated earlier, fees shall be paid to the architects for the actual services rendered as per stages referred to in this clause.

 

15.         If the architects fail to observe the time schedule, they shall be liable to pay to the employer-liquidated damages at the rate of Rs. ……… per day till the work remains incomplete. The employer shall be entitled to recover the said liquidated damages from any sum payable to the architects under this agreement.

 

16.         Notwithstanding anything contained hereinabove, it shall always be open to the employer to exclude from the scope of the services to be rendered by the architects under these presents the supervision and execution part of the project and reduce the scale of fees, in which case the terms, conditions, scale of fees, etc. shall be as detailed in the Annexure hereto.

 

17.         If any dispute, difference or question shall at any time arise between the parties as to the interpretation of this agreement or arising out of this agreement or as to the rights, liabilities and duties of the parties hereunder, or as to the execution of the said works, the same shall be referred to the arbitration and final decision of an arbitrator to be agreed upon and appointed by both the parties or in case of disagreement as to the appointment of a single arbitrator, to the appointment of two arbitrators one to be appointed by each party, which arbitrators shall, before taking upon themselves the burden of reference, appoint an umpire whose decision in the matter shall be binding on both the parties. It is hereby provided that the arbitrator so appointed shall make his award within six months from the date of the arbitrator or arbitrators, as the case may be, entering on the reference. This submission to arbitration shall be deemed to be a submission to arbitration within the meaning of Arbitration and Conciliation Act, 1996 or any statutory modification thereof. The award of the arbitrator or arbitrators, as the case may be, shall be final and binding on the parties. The parties agree that if work under this agreement has not been completed at the time of reference of dispute to arbitration, the work shall continue during the arbitration proceedings and the employer shall make the payment to the architects within the provisions of this agreement and shall not withhold any money payable to the architects on account of arbitration proceedings unless authorised by the arbitrators.

 

18.         This agreement shall be executed in duplicate and the architects shall bear the stamp duty on the original. The employer shall retain the original and the architects shall retain the duplicate.

 

            IN WITNESS WHEREOF the parties hereto have subscribed their respective hands hereto and on a duplicate hereof on the day and year hereinabove first mentioned.

 

Signed and delivered by the within named employer A

 

Signed and delivered by the within named architects

by its Managing Partner

WITNESSES;

1.

2.

 

 

 

 

 

Schedule                                                       Period

1.  Submission of site plan                        Within  ………. days from the                                                                                               date of the execution of this                                                                                              agreement.

 

2.  Submission of the required plans        Within  ………. days from the   

    to the Municipal Corporation and         date of receipt

    other local authorities of employees

    approval of the site plan.

 

3.  Submission of detailed working          Within  ………. weeks from the                        

    drawings and estimates                         date of receipt of employer's                                                                                              approval of the site plans.

 

4.  Submission of architect's                      Within 2 weeks from the date of   

    recommendations on the                       receipt of the tenders from the

    contractor's rates                          employer.

 

5.  Other drawings, etc., if any                   Within a reasonable time.

 

 

AGREEMENT BETWEEN OWNERS AND LABOUR CONTRACTOR

FOR SUPPLY OF LABOUR

 

            THIS AGREEMENT made between A, son of B, resident's of ……………  hereinafter referred to as the owner of the ONE PART and C, son of D, resident of ………. hereinafter referred to as the contractors of the OTHER PART.

 

WHEREAS the owner is getting the construction of building on the land bearing Plot No………. Survey No. ……… House No. …… situate, lying and being in village……… Tehsil …….. District……….  hereinafter referred to as the 'said work' and is desirous of availing of labour for the said work.

 

AND WHEREAS The contractors are the contractor for the supply of all types of labour required for the construction work and offered their services to the owner, which the owner has agreed on the terms and conditions hereafter set forth.

 

NOW IT IS MUTUALLY AGREED BETWEEN THE PARTIES AS UNDER:                  

 

1.    The contractors will supply all labour viz. masons, labourers, water carriers and other necessary workers required for the said work to the owner at site provided that the requisition thereof is made ………. hours in advance.

           

2.    The labour shall be paid at the prevailing market rate. The present prevailing market rate of labour of all type has been given in the Schedule hereunder written. The said rates may be changed by the mutual consent of the parties.

 

3.    The contractors will be entitled to a commission of ……….  on the total disbursement made to the labour so supplied by them. The said           commission shall be payable to the contractors every week.                               

 

4.    The contractors will be liable for and make good any loss or damage, caused by any act or default on the part of the labour supplied by them.                                                         

 

5.    If the contractors fail to supply necessary labour on a requisition made by the owner in time, they will be liable to pay a sum of Rs. …………. as liquidated damages per labourer, mason, water carrier or any other worker not supplied by them in accordance with the requisition by the owner.                         

           

IN WITNESS WHEREOF the parties hereto have set their respective hands to these presents on the date, month and year hereinabove written.              

 

Signed and delivered by

the within named owner A

 

Signed and delivered by

the within named contractors C

WITNESSES;

1.

 

2.

 

 

AGREEMENT TO DEMOLISH THE STRUCTURE, CLEAR THE SITE

AND TO CONSTRUCT NEW BUILDING ON THE PLOT

 

            THIS AGREEMENT made at ………….. on this ………… day of …………….. 2000, between A son of Shri………. resident of ……….. (hereinafter called 'the Employer') of the ONE PART and XYZ Constructions, a partnership firm, carrying on the business of builders and contractors, having its office at ………. (hereinafter called 'the builders') of the OTHER PART

 

WHEREAS the employer is absolutely seized or otherwise well and sufficiently entitled to the old bungalow being House No. …………. Mohalla………… with an area of …….. sq. mts which bungalow is more particularly described in " First Schedule hereunder written, and is hereinafter referred to as 'the said bungalow.

 

AND WHEREAS the said bungalow has become very old and the employer intends to dismantle the said bungalow and construct a new bungalow on the said plot of land.

 

AND WHEREAS the builders are willing to undertake the said job of dismantling and construction of the new bungalow in accordance with the plan and specifications set out in the Second Schedule hereunder written. 

 

NOW IT IS AGREED BETWEEN THE PARTIES AS UNDER:

           

1.    The builders agree to undertake the work of dismantling the said bungalow and to construct a new bungalow in accordance with the plan, description and specifications set out in the Second Schedule hereunder written (hereinafter referred to as "the said works') in consideration of a sum of Rs………. to be paid by the employer to the builders in the manner hereinafter provided.

 

2.    The builders will dismantle the said bungalow, clear the site and construct the bungalow with the best available materials and in workmanship in accordance with the directions of the employer's architect (hereinafter referred to as the architect) in accordance with the plan, description, and specifications set out in the Second Schedule hereunder written. However, the employer may require the builders to alter the drawings and the nature of the work by adding or omitting any items of work. Such alterations shall be paid at such rates as may be mutually agreed upon.

 

3.   The builders shall take away the building material of the old bungalow and shall clear and level the plot of land.

 

4.    While demolishing and constructing the bungalow, the builders shall carry out the said Works in accordance with the law, rules and bye laws for the time being in force affecting the said works and shall give the necessary notices to and obtain the requisite sanction of the concerned local authorities in respect of the said works and shall comply with building and other regulations of such authority.

 

5.    The builders shall complete the said works on or before the expiry of …… months from the date of execution of these presents in accordance with the plans duly approved by the municipal corporation of ….. and descriptions and specifications and other terms and conditions as are set out in Third Schedule hereunder written:

 

Provided however the architect, with the previous consent of the employer, may extend the time for completion of the said works, it in his opinion the works are delayed (a) by force majeure; or (b) by reason of any exceptionally inclement weather; or (c) by reason of civil commotion, local combination of workman or strike or lock-out affecting any of building trades; or (d) in consequence of the builders not having received necessary instructions from the architect in due time; or (e) from other causes which the architect may certify as beyond the control of the builders.

 

6.    The employer shall pay to the builders, weekly during the progress of the work, such sum as may be sufficient to defray the expenses for materials and other out of pocket expenses, as certified by the architect.

 

7.    The builders hereby indemnify and keep the employer saved, defended and harmless against any claims, demands, actions or proceedings that may be suffered by the employer by reason of anything done by the builders as a result of the builders committing breach of any rules and regulations or causing damage to any adjoining property or any individual or otherwise howsoever in dismantling the property or constructing the new bungalow on the said property or any letters, applications and writings addressed by the builders pursuant to such authority as also for the costs, charges and expenses which may be incurred or for which the employer may become liable in that behalf.

 

8.    The builders shall be responsible for injury to persons, animals or things and for all structural damages to the property which may arise from the operation or neglect of the builders or their employees, nominees, sub-contractors or their employees, whether such injury or damage arises from carelessness, accident or any other cause whatsoever in any way connected with the carrying out of construction pursuant to these presents. This clause shall be deemed to include, inter alia, any damage to buildings whether immediately adjacent or otherwise, and any damage to roads, streets, foot-paths, bridges or ways as well as all damages caused to the buildings and works forming the subject of this contract by frost, rain, wind or other inclemency of weather.           

 

9.    The builders shall, within one week from the date of commencement of the works, insure the works and keep them insured until the buildings complete in all respects and fit for occupation are handed over to the employer, against loss or damage by fire, earthquake, flood, cyclone, etc. with an insurer, in the joint names of the employer and the builders for the full amount of the contract and for any further sum, if called upon to do so by the employer. The premium of such further sum shall be reimbursed to the builders by the employer. The builders shall deposit the insurance policy and receipts for the premia with the employer within fourteen days from the commencement of the works, unless otherwise instructed by the employer. In case the builders fail to insure as provided above, the employer may so insure the works and may deduct the premium paid from any moneys due or which may become due to the builders without prejudice to the other rights of the employer in respect of such default. In case it becomes necessary to suspend the works due to any of the risks covered under the policy, the builders shall, as soon as the claim under the policy is settled, or the work reinstated should proceed with all due diligence with the completion of the works in the same manner as though the risk had not occurred and in all respects under the same conditions of contract. The builders in case of rebuilding or reinstatement after the risk, shall be entitled to such extension of time for completion of the works, as the architects shall deem fit.

           

10. If the builders (i) have abandoned the contract; or (ii) have failed to dismantle the old bungalow and remove, clean and level the plot of land; or (iii) have failed to commence the works or have without any lawful excuse under these presents suspended the progress of the works for fourteen days after receiving from the architect notice to proceed; or (iv) have failed to proceed with the works with such due diligence and failed to make such due progress as would enable the works to be completed within the time agreed upon; or (v) have failed to remove materials from the site or pull down and replace work for seven days after receiving from the architect written notice that the said materials or work were condemned and rejected by the architect under these presents; or have neglected or failed persistently to observe and perform all or any of the acts, matters or things by this contract to be observed and performed by the builders for seven days after written notice shall have been given to the builders requiring them to observe or perform the same; then and in any of the said cases the employer may, after giving seven days notice in writing to the builders, terminate the contract, on such termination of the contract the employer by his agents or servants may enter upon and take possession of the works and all plants, tools, scaffoldings, sheds, machinery and other utensils and materials lying upon the premises or the adjoining lands or roads, and use the same as his own property or and employ the same by means of its own servants and workmen in carrying on and completing the works or by employing any other contractor or other person or persons to complete the works, and the builders shall not in any way interrupt or do any act, matter or things to prevent or hinder such other contractor or other person or persons employed for completing and finishing the works or using the materials and plant for the works. When the works shall be completed or as soon thereafter as convenient the architect shall give a notice in writing to the builders to remove their surplus materials and plant, and should the builders fail to do so within a period of fourteen days after receipt thereof by them, the employer may sell the same by public auction, and give credit to the builders for the net amount realised. The architect shall ascertain and certify what s a be due or payable to or by the employer for the value of the said materials, plants are so taken possession of by the employer and the amount which shall be so certified shall thereupon be paid by the employer to the builders or by the builders to the employer, as the case may be and the architect's certificate shall be final and binding on both the parties.     

 

11. If the builders fail to complete the said works within the period or extended period, the builders shall at the option of the employer, but without prejudice to the other rights under law of the employer and the other provisions herein shall pay by way of liquidated damages a sum of Rs ……… per day for the entire period of delay and the employer will be entitled to deduct such damages from the amount becoming due and payable to the builders under this Agreement.

 

12. The builders shall not assign this contract to any other builder or contractor, without written consent of the employer.

 

13. The builders hereby agree and undertake to rectify the defects pointed out to them during the period of 12 calendar months from the date of handing over the said buildings to the employer. If the builders fail to rectify the defects pointed out or decline to cure such defects as pointed out by the employer within fifteen days from the date of reporting to the builders, the employer may get such defects cured by such other contractors as it may deem fit at the entire cost and risk of the builders.

 

14. The builders shall deliver all the plans, detailed drawings and                  specifications to the employer after the completion of the said works or              otherwise terminated under these presents.

 

15. All disputes arising between the employer and the builders under this Agreement during the continuance of this contract or on its completion or on abandonment thereof, shall be referred to arbitration to a single arbitration appointed by both the parties. It both the parties do not agree upon the appointment of single arbitrator, each party shall nominate his own arbitrator who shall before entering on the reference appoint an umpire. The arbitrator or arbitrators as the case may be shall deliver the award within a period of six months from the date of entering on the reference. The award of the arbitrator or arbitrators shall be final and binding on the parties. The parties agree that arbitration under this clause shall be a condition precedent to any right of action under the contract.

 

            IN WITNESS WHEREOF the employer and builders have signed these presents, the day and year first hereinabove written.

 

Signed and delivered by A………………..

the within named employer

 

Signed and delivered by M/s. XYZ Constructions,

the within named builders by their partners

 

WITNESSES;

1.

 

2.

 

 

 

BUILDING AGREEMENT BETWEEN THE OWNERS AND THE CONTRACTOR ON FEE PLUS COST OF LABOUR AND MATERIALS

 

            THIS AGREEMENT made at……………………. on this  ……………. day of  …………… 2000, between ABC Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at ……………….. (hereinafter called the "owners", which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and assigns) of the ONE PART and XYZ Co. Ltd., a company incorporated under the Companies Act, 1956, and having its registered office at…………………….  (hereinafter called the "Contractors", which expression shall unless repugnant to the context or meaning thereof, be deemed to include its successors and assigns) of the OTHER PART.

 

WHEREAS the owners are absolutely seized and possessed of the plot of land or otherwise well and sufficiently entitled to the plot of land bearing No…….. City Survey No. ………… Khasra No. …………. Tehsil and District      ………………………, which land, is more particularly described in the First Schedule hereunder written and referred to as "the said land".                        

 

AND WHEREAS the owners are desirous of constructing flats for its executives to as per site plans prepared by ………………………. the architects and                 approved by the Municipal Corporation of …………………………….                 true copies whereof are annexed hereto, and marked as Annexure A for the purpose of reference.

 

AND WHEREAS the contractors have offered to construct the said flats according to the said plan (hereinafter referred to as the said works) on the fee plus cost system and on the terms and conditions mentioned hereafter.

 

NOW IT IS AGREED BETWEEN THE PARTIES AS UNDER:

 

1.    That the contractors agree to construct the flats in accordance with the site plans annexed hereto and marked as Annexure A, strictly in accordance with the specifications and conditions of contract set out in Second and Third Schedules hereunder written; provided that the owners shall be entitled to require such changes or alterations in the said plans, as they may deem necessary to suit their requirements and the contractors agree to undertake to get the said alterations or changes approved by the Municipal Corporation of                           …………….  and execute the said alterations or changes.

 

2.    The contractors will abide by the directions of …………. Architects, during the progress of the said works and will complete the said works agreed to be done on or before the expiry of …………….. months from the date of execution of these presents. The contractors undertake that they will execute the said works in the best and soundest way and in the most economical manner keeping the interest of the owners in view.

 

3.    The owners agree to pay to the contractors the remuneration of Rs. ………… and shall reimburse them the expenses incurred by them in connection with the completion of the said works such costs to include the following items:

 

(i)            Material for construction such as cement, steel, lime, wood, plumbing materials, etc.

(ii)          Wages paid to the workmen labour and employees employed for the execution of the works.

(iii)         Salaries of artisans, overseers and engineers employed for the execution of the works.

(iv)         Expenses incurred by staff, overseers and engineers for travelling, transporting and hotel bills in discharge of duties in connection with the construction.

(v)          Obtaining of permission and approvals from all the authorities concerned for the construction, supply of power, drainage and other services for the said works.

(vi)         Cost of tools not owned by the workmen, canvas and plank, etc., consumed or rendered unfit during the execution of the said work.

(vii)        Other incidental expenses relating to the execution of the said works.

The   cost of the above items shall not be higher than the market rates paid in the locality of the work. The cost reimbursable to the contractors shall not include the salary of the regular employees of the contractors or interest on capital employed by the contractors for the execution of the said work.

 

4.    The contractors shall keep full and regular account of all materials brought on the site, consumed and balance lying on the site. The said account books shall be open to inspection to the owners or their representatives at all reasonable times, who shall be entitled to take the copy of any document, register, correspondence or account maintained by the contractors.

 

5.    The contractors shall submit a bill on 1O th of each month to the architect showing in detail the moneys paid by them on account of the cost of the work during the previous month for which they have to be reimbursed under the agreement, with original receipted bills and original rolls for labour checked and certified by the contractor's Chartered Accountants.

 

6.    The architect will certify the reasonableness of each bill supported by the vouchers of expenses and the certificate of architect as to the reasonableness or otherwise shall be final on the contractors. If the architect certifies that any bill submitted by the contractors is on higher side, then he (the architect) shall certify the market rate of the items of the said bill, (which shall be based on quotations from three reputed dealers) and the owners shall make payment of that bill in terms of the architect's certificate.

 

7.    The owners will pay the amount of each bill within a period of 15 days from the date of receipt of the bill duly certified by the architect, in their office.

 

8.    The contractors shall be responsible for injury to persons, animals or things and for all structural damages to the property which may arise from the operation or neglect of the contractors or their employees, nominees, sub-contractors or their employees, whether such injury or damages arises from carelessness, accident or any other cause whatsoever in any way connected with the carrying out of construction pursuant to these presents.

 

9.    The contractors shall indemnify and keep the owners harmless against any claims, demands, actions or proceedings that may be made or adopted against the owners or that may be suffered by the owners by reason of anything done by the contractors pursuant to any work done by them in execution of the said works.

 

10. The contractors shall during the execution of the said works insure them against destruction or damage by fire, earthquake, flood, cyclone, etc., to its full insurable value and keep insured until the possession of the buildings complete in all respects and fit for occupation is handed over to the owners.

 

11. If the contractors fail to commence the work or without any lawful excuse under these conditions suspend the progress of the works for fourteen days after receiving from the architect the notice to proceed or persistently or repeatedly refuse or fail to supply properly skilled workmen to proper material or persistently disregard the- regulations, instructions or directions of the local or other authority or violate the terms of this agreement or fail to proceed the works with such due diligence and fail to make such due progress as would enable the works to be completed within the time agreed upon and the architect has certified that sufficient causes exist to justify the termination of the contract, then the owners may terminate the contract after giving the contractors seven days notice of their intention to do so. On such termination, the owners or their servants may enter upon and take possession of the works and tools, scaffolding, sheds and other materials lying upon the premises and use the same as their own property or may employ the same by means of its own servants and workmen in carrying on and completing the works or by employing any other contractor or other person or persons to complete the works and the contractors shall not in any way interrupt or do any act, matter or thing to prevent or hinder such other contractors or other person or persons employed for completing and finishing the said works or using the materials and plant for the said works.

 

            In case of termination of the contract, the architect shall thereafter ascertain and certify in writing under his hand what shall be due or payable to or by the owners, for the value of the said plant and materials so taken possession of the owners and the expense or loss which the owners shall have been put to in procuring the said works to be completed and the amount, if any, owing to the contractors and the amount which shall be so certified shall thereupon be paid by the owners to the contractors or by the contractors to the owners, as the case may be, and the certificate of the architect shall be final and conclusive between the parties.

 

12. In case any dispute or difference should arise between the parties, whether in respect of quality of material used by the contractors, or work done or in respect of delay in completion of work or any other matter arising out of or in connection with agreement or the carrying out of works, shall be referred to and settled by the architect, who shall state his decision in writing. If any party is dissatisfied with the decision of the architect, either party (the owners or the contractors) may give a written notice to the other party through the architect that the matters in dispute be referred to the arbitration and final decision of an arbitrator to be agreed upon and appointed by both the parties or in case of disagreement as to the appointment of a single arbitrator to the appointment of two arbitrators, one to be appointed by each party which arbitrators shall before taking upon themselves the burden of reference appoint an umpire. The submission shall be deemed to be a submission to arbitration within the meaning of the Arbitration and Conciliation Act, 1996 or any statutory modification thereof. The award of the arbitrator or arbitrators, as the case may be, shall be final and binding on the parties. The fees of the arbitrator appointed by a party shall be paid by the party so appointing and the fees of the umpire and other arbitration expenses shall be borne half and half by the parties. The owners and the contractors hereby also agree that arbitration under this clause shall be, a condition precedent to any right of action under the contract.

 

13. This agreement shall be executed in duplicate. The original shall be retained by the owners and the duplicate by the contractors.

 

IN WITNESS WHEREOF the parties have signed these presents and a duplicate hereof, the day and year first hereinabove written.

 

Signed and delivered by ABC Co Ltd., the within named

owners by its Managing Director Mr. ……………

 

Signed and delivered by XYZ Co. Ltd., the within named

contractors by its Managing Director Mr.………………

 

WITNESSES;

1.

 

2.

 

 

 

AGREEMENT FORM BETWEEN OWNER AND A BUILDER

FOR CONSTRUCTION OF THE BUILDING

 

THIS AGREEMENT made at ………………….. on this ………….  day of   ………………2000, between Shri…………………… S/o ………………….. resident of …………………………  (hereinafter called 'the owner' which expression shall unless repugnant to the context or meaning thereof, be deemed to include his heirs, legal representatives, executors and administrators) of the ONE PART and M/s ABC Builders & Contractors, a partnership firm registered under Partnership Act, 1932 and having its registered office at ……………… (hereinafter referred to as 'the builders' which expression shall unless repugnant to the context or meaning thereof, be deemed to include every partner for the time being of the said firm, the survivor or survivors or the legal representatives, executors or administrators of the last survivor of the OTHER PART.               

 

WHEREAS the first party is the owner of the plot of land admeasuring ……………….. sq. meters bearing plot No. ……….. city survey No.               …………………. Khasra No. ………………… situate, lying and being at …………………. Tahsil and District ………………….   (hereinafter referred to as the "said plot of land") and is desirous of getting a house constructed on the said plot of land.

 

AND WHEREAS the first party has appointed Shri …………….. as the architect and the said architect has prepared the plans, drawings and elevations of the said intended house and the specification of the works to be done and of the materials.

 

AND WHEREAS the second party is a big contractor and is having vast experience in construction of big buildings and has agreed to construct the house on the said plot of land.

 

NOW IT IS AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:               

 

1.    The builders will construct the building on the said plot of land in conformity with the plans, drawings, specifications and elevations as prepared by the architect which has been annexed hereto and marked as Annexure A, with the material of best quality and in the most substantial and workman like manner and to the satisfaction of the architect.

 

2.    The builders hereby undertake to commence the construction within fifteen days of execution of these presents and complete the construction on or before the expiry of ………………. months from the date of execution of these presents in accordance with the plans duly approved and sanctioned by the Municipal Corporation of ……………………………. and specifications and conditions as are set out in Annexure A hereunder written.

 

3.    If the builders fail to complete the said work within the period as stipulated in the foregoing provision, the builders shall, at the option of the owner but without prejudice to the other rights under law of the owner and other provisions herein, pay liquidated damages calculated at the rate of Rs………. per day (but subject to a maximum of 2% of the total contract amount payable by the owner under this agreement) for the period between the said stipulated time for completion of the works. The builders hereby specifically agree and authorise the owner to deduct such liquidated damages, if any, from any installment of payment becoming due and payable to the builders in terms of this agreement.

 

4.    The owner will pay to the builders a sum of Rs…………. out of which the owner shall pay to the builders weekly such sum as may be sufficient to defray the expenses incurred by the builders in respect of materials used in the works, checked and certified by the architect, Rs ……… on the certificate by the architect that the work upto first floor has been completed, the further sum of Rs …………. on the certificate by the architect that the work upto second floor has been completed and the balance shall be paid on the certificate by the architect that the said works have been completed in all respects according to the agreement and the builders have at their own expenses removed and cleared all scaffolding, fencing, unused materials and rubbish from the premises and made and prepared the bungalow fit for use and habitation and immediate occupation. However, a sum equivalent to 5 per cent of the total contract amount payable by the owner under this agreement shall be retained by the owner as retention money, which shall be paid after a period of 12 months from the date of handing over the said bungalow complete in all respects and fit for occupation. The builders hereby agree and undertake to rectify all such defects as may be found or detected during the period of 12 months. If the builders fail to rectify the defects pointed out or decline to cure such defects as pointed by the owner within fifteen days from the date of reporting to the builders, the owner shall be entitled to have such defects cured by such other agencies as it may deem fit at the entire cost and risk of the builders and utilise the retention money; Provided further that in the event of the said retention money being inadequate to meet such costs, charges and expenses incurred by the owner for curing the defects in the construction, the builders shall within 7 days of a demand in writing made by the owner make good the defect, failing which the builders shall be liable to pay the same together with the interest at 15% per annum.

 

5.    The owner shall allow free ingress to and egress from the premises to the builder’s servants, employees, sub-contractors and all other persons, who are necessary in connection with the carrying out of the works under the agreement.

 

6.    The builders shall indemnify the owner in respect of all claims, damages or expenses payable in consequence to any injury to any employee, workman, nominee, invitee while in or upon the said premises. The builders shall also be responsible for any damage to buildings, whether immediately adjacent or otherwise and any damage to roads, streets, foot-paths, bridges or ways as well as all damages caused to the buildings, and work forming the subject to this contract by frost, rain, wind or other inclemency of weather.

 

7.    If the builders abandon the contract or fail to commence the work or suspend the progress of the work for 14 days without any lawful excuse under these conditions, or fail to proceed with the works with such due diligence and fail to make such due progress as would enable d  the works to be completed within the time agreed upon or fail to remove materials from the site or to pull down and replace work for seven days after receiving from the architect written notice that the said materials or the works were defective and rejected by the said architect or neglect or fail persistently to observe and perform all or any of the acts, materials or things required by this contract to be observed and performed by the owner for seven days after written notice shall have given to the builders requiring them to observe or perform the same and the architect certifies in writing to the owner to the said effect, then and in any of the said cases the owner may, notwithstanding any previous waiver, after giving seven days notice through the said architect in writing to the builders terminate the licence in favour of the builders and in so far as it relates to the completion of the remaining construction work, but without thereby affecting the powers of the architect, or the obligations and liabilities of the builders, the whole of which shall continue in force as fully as if this Agreement had not been so determined. And the owner by his servants or agents may enter upon and take possession of the work, tools, scaffolding, sheds, machinery, power, utensils and materials lying upon the premises or in the adjoining lands or roads and use the same as its own property or may employ the same by means of its own servants and workmen in carrying on and completing the work or by employing any other contractor or other person to complete the works and the builders shall not in any way interrupt or do any act, matter or thing to prevent or hinder such other contractor or other person or persons employed for completing and finishing the works or using the material and plant for the works.

 

8.    When the said works are terminated in the manner as stipulated in the foregoing provision, the architect shall give a notice in writing to the builders to remove their surplus materials and plant, and should the builders fail to as so within a period of seven days, after receipt thereof by them, the owner may sell the same by public auction and give credit to the builders for the net amount realised. The architect shall thereafter ascertain and certify in writing, what (if any thing) shall be due or payable to or by the owner, for the value of the said building and materials so taken possession of by the owner and the expense or loss which the owner shall have been put to in procuring the work to be completed and the amount, if any, owing to the builders and the amount which shall be so certified shall thereupon be paid by the owner to the builders or by the builders to the owner, as the case may be, and the certificate of the architect shall be final and conclusive between the parties.

 

9.    The builders shall be bound to appoint an engineer competent to receive instructions from the architect from time to time, on behalf of the builders at all reasonable hours and all directions given to him by the architect shall be deemed to have been given to the builders.

 

10. The owner or his representatives shall be entitled to inspect the progress of the construction work and materials used for the construction and they shall be entitled to point out to the architect any defects in the construction work, quality of workmanship or materials d  used when such defective work is in progress or being executed or such material is brought on site. If the architect will be satisfied about the objections raised, the said architect shall certify the same in writing and direct the builders to rectify at their own cost the defect in the said construction work or remove such defective materials and the same shall be rectified or removed by the builders as directed.

 

11. All disputes or differences relating to the specifications, designs, drawings and as to quality of workmanship or material used in the work or as to any other question arising out of or relating to the contract, design, drawings, specifications, orders or otherwise in connection with the agreement or the carrying out of the works, whether during the progress of the work or after the completion or abandonment thereof shall be referred to the sole arbitration of two arbitrators, one to be appointed by each party. The arbitrators shall appoint an umpire before entering upon the reference. The parties would cooperate and lead evidence, etc. with the arbitrators and if one of the parties does not cooperate or remains absent at the reference, the arbitrators or the umpire would be at liberty to proceed with the reference ex-parte. The arbitrators or the umpire shall keep record of the oral evidence adduced by the parties and submit the same to the court at the time of filing of the award, along with documentary evidence produced before them or him by the parties or their witnesses. The proceeding of the arbitrators or the umpire shall be recorded in English and a carbon copy whereof shall be furnished to each party. The arbitrators or umpire shall be entitled to appoint stenographer, for recording proceedings of the arbitration, consult an expert, after previous notice to the parties to the reference, the cost whereof shall be borne equally by the parties. The fees of the arbitrator appointed by a party shall be borne by the party, so appointing and the fees of the umpire and the other arbitration expenses shall be borne equally by the parties. The arbitrators shall make their award, with reasons for the decision, within six months from the date of entering upon the reference. If the arbitrators have allowed their time to expire without making an award or have delivered to any party or to the umpire a notice in writing stating that they cannot agree, the umpire shall forthwith enter on the reference. The umpire shall make his award within tour months of entering on the reference or within such extended time, as the parties may agree. The award of the arbitrators, or umpire, as the case may be, shall be final, conclusive and binding on the parties and shall not be challenged on any ground except collusion, fraud or an error apparent on the face of the award. This reference to arbitration shall be deemed to be a reference within the meaning of the Arbitration and Conciliation Act, 1996 or any statutory modification thereof. No action can be taken under this agreement for the enforcement of any right without resorting to arbitration under this clause.

 

12. This agreement shall be executed in duplicate, the original shall be retained by the owner and the duplicate by the builders.

 

IN WITNESS WHEREOF the parties have signed these presents and a duplicate thereof, the day and year first hereinabove written.

 

 

 

Signed and delivered by ……………….. the owner

 

Signed and delivered by M/s ABC Builders and Contractors,

the builders, by its partners

 

WITNESSES;

1.

 

2.

 

AGREEMENT FOR CONSTRUCTION OF BUILDING BETWEEN THE OWNERS AND THE CONTRACTORS ON TURNKEY BASIS

 

THIS AGREEMENT made at ……………. on this  ………………  day of  ………. 2000, between A S/o B resident of ……………………….. (hereinafter referred to as "the Employer", which expression shall unless repugnant to the context or meaning thereof, be deemed to include his heirs, legal representatives, executors and administrators) of the ONE PART and XYZ Co. Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at ………………………………..    (hereinafter referred to as "the Contractors" which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and assigns) of the OTHER PART.

 

WHEREAS the employer is desirous of constructing XYZ Bungalow and its vacant land bearing Final Plot No. …………… Survey No. ……………  Khasra No. ………… situate, lying and being at ……………… Tehsil and District  ………………. (hereinafter referred to as "the said property") and the contractors have offered to construct the same on a 'turnkey basis' and also to prepare the site layout plans, preliminary sketch designs, architectural drawings, structural drawings, service drawings and all other detailed plans and drawings as may be necessary for the proper construction and completion of the said works and also obtain necessary permissions from the Municipal Corporation ………..  and other local authorities for executing and completing the said works as hereinafter specified upon and subject to the terms and conditions set forth herein and the conditions set forth in the special conditions hereto annexed and marked as Annexure 1 (all of which are collectively hereinafter referred to as "the said works") at the rate of Rs. ………. per sq. ft. of the built up area of the buildings (hereinafter referred to as "the said contract amount").

 

AND WHEREAS The employer has agreed to appoint the contractors for the said works; and

 

AND WHEREAS the contractors have requested the employer to execute these presents which he has agreed to do so.

 

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:

 

1.    In consideration of the said contract amount to be paid at the times and in the manner set forth in the Schedule of Payments hereto annexed, the contractors shall on and subject to the said conditions, execute and complete the said works more particularly described in Schedule 1 annexed hereto and shown on the said drawings, strictly in accordance with the general specifications annexed hereto and marked as Annexure III.

 

2.    The employer shall pay the contractors the said contract amount or such other sum as shall become payable at the times and in the manner specified in Annexure II.

 

3.    For the purposes of this contract, "built up area" means the total a covered area of the building at floor level out-to-out measurement of wall surface (architectural projection excepted) and shall be inclusive of staircase and balconies.

 

4.    The contractors shall prepare layout plans and general building plans in consultation with the employer and get the same approved by the Municipal Corporation of ………………….

 

5.    It is hereby agreed that the contract amount shall be inclusive of-

 

(a)       Preparation of the layout plans, general building plans, detailed     architectural drawings, sketches, structural drawings and designs for     execution.

(b)       Technical supervision of the works.

(c)        Obtaining of permission and approvals from all the authorities for the construction, supply of power, water, drainage and other services for the said works.

(d)       Cost of all materials for construction.

(e)       Wages of labour, technical supervisors, all other workers and staff required for execution of the said works in accordance with the general specifications in Annexure Ill.

(f)        Cost of all electrical, sanitary, and plumbing fittings.

(g)       Cost of all other items as mentioned in special conditions in Annexure I hereto.

 

6.    The layout plans, general building plans, detailed architectural drawings and other drawings shall be and remain the property of the employer. All the drawings shall remain in custody of the contractors during the progress of the work and they shall deliver them to the employer on the performance of the said works or termination of the contract.

 

7.    The employer may require alteration of the drawings and the nature of the work by adding or omitting any items of work or having portions of the same carried out. The employer shall make payment for the alterations at such rates as may be mutually agreed upon.

 

8.    The contractors shall commence the work within 15 days of the handing over of the site to them and complete the entire work within ………. months thereafter, subject nevertheless to the provision for extension of time as provided in the said conditions.

 

9.    The contractors, while carrying out the said works, shall comply with the provisions of all laws, rules and bye-laws for the time being in force affecting the said works and will give all necessary notices to and obtain the requisite sanction of the concerned local authorities in respect of the said works and will comply with the building and other regulations of such authority and will keep the employer indemnified against all fines, penalties and losses incurred by reason of the breach of the contractors of any such laws, bye-laws and regulations.

 

10. The employer shall make all payments under this contract at ……………………

 

11. In case any dispute or difference should arise between the parties, whether in respect of quality of material used by the contractors or work done or in respect of delay in completion of works or in respect of payment of extra work required to be done and so executed or in respect of measurement of work done or in respect of delay of payment to the contractors or touching the interpretation, fulfillment of any of the terms of these presents or any other matter arising out of or in connection with these presents or the carrying out of the work, shall be referred to arbitration of two arbitrators, one to be appointed by each party. The arbitrators shall appoint an umpire before entering upon the reference. The arbitrators shall make their award within six months from the date of entering on the reference. If the arbitrators do not make their award within the stipulated period or have delivered to any party or to the umpire a notice in writing stating that they cannot agree, the umpire shall forthwith enter on the reference and shall make his award within three months of entering on the reference or within such extended time as the parties may agree and in the absence of such agreement, as the Court may allow. The arbitrators or umpire, as the case may be, shall be entitled to consult any expert, after previous notice to the parties, the cost whereof shall be borne by the parties equally. The proceedings of the arbitrators shall be recorded in English, a copy whereof shall be furnished to each party. The provisions of the Arbitration and Conciliation Act, 1996 so far as applicable and are not inconsistent or repugnant to these presents, shall apply to this reference to arbitration. The cost of the reference and award shall be in the discretion of the arbitrators, who may direct by whom and in what manner, the same or any part thereof shall be paid. The award of the arbitrators or umpire shall be final and binding on the parties and the parties, their executors and administrators shall on their respective parts obey, abide by the award and shall not challenge on any ground excepting fraud or collusion or error apparent on the face of the award. It is hereby agreed between the parties that the parties shall resort to arbitration, before filing any suit for the enforcement of any right under these presents.

 

12. This agreement shall be executed in duplicate. The original shall be retained by the employer and the duplicate by the contractors.

 

            IN WITNESS WHEREOF the employer has set his hands to these presents and a duplicate hereof and the contractors have caused its common seal to be affixed hereunto and a duplicate hereof the day and the year first hereinabove written.

 

Signed and delivered by the hand of Shri A

 

The common seal of XYZ Co. Ltd. was hereunto affixed

pursuant to the resolution passed by the Board of

Directors at the meeting held on …………………..

in the presence of Shri …………………….a director

of the company, who has signed in token thereof

                                               

Seal

Signatures

WITNESSES;

1.

 

2.

 

AGREEMENT FOR UNDERWRITING SHARES OF A COMPANY

 

            THIS AGREEMENT made at …………….. on this ……………… of ………………. 2000, between ABC Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at ……………….. hereinafter called "the company" (which expression shall, unless it be repugnant to the context or meaning thereof be deemed to mean and include its successors and assigns) of the ONE PART and M/s. XYZ a partnership firm registered under the Partnership Act, 1932 and having its place of business at ………………  hereinafter called "the underwriters", (which expression shall unless it be repugnant to the context or meaning thereof, be deemed to mean and include every partner for the time being of the said firm, the survivor or survivors or the legal representatives, executors or administrators of the last partner) of the OTHER PART.

 

WHEREAS the company proposes to issue …………… equity shares of to      Rs ………………… each and offer the same for public subscription at Rs ………………….. per share in accordance with the terms of the draft                   prospectus, a copy of which is annexed hereto, or with such modifications therein as may be mutually agreed upon between the company and the underwriters. 

              

AND WHEREAS the underwriters have agreed to underwrite the subscription of the said shares on the terms and conditions hereinafter appearing.

 

NOW IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS:                     

 

1.    The company shall issue …………………. equity shares of Rs . …………  each for public subscription in terms of the draft prospectus, a copy of which is annexed hereto or with such modification therein, as may be mutually agreed upon between the parties, on or before the     ………………. day of …………. 2000, or such later date as shall be mutually agreed upon by the parties hereto not after the ………. day of ………………….. 2000.

 

2.    The underwriters shall on or before the closing of the subscription list apply for the ……………….. shares or cause the same to be applied for by the responsible persons, who shall pay on application, the application moneys payable on the shares applied for by them respectively and who shall not withdraw their applications before notification of allotment of shares to them. 

 

3.    If on the closing of the list under the said prospectus the said …………………. shares shall be allotted on the applications received from the public, the responsibility of the underwriters will cease and no allotment is to be made to the underwriters under this agreement, but if the said ………… shares shall not be allotted to the public, but any smaller number of such shares is so allotted, the underwriters undertake to stand for the difference between the said …………………….. shares and the number of the shares allotted to the public and company may allot to the underwriters all the shares which shall not have been applied for by such members of the public or such responsible persons as aforesaid and the underwriters shall accept the shares so allotted and pay all application and allotment money in respect of those shares in accordance with the said prospectus.

 

4.    The underwriters irrevocably authorise the company to apply for the said …………… shares or any part thereof in the name and on behalf of the underwriters in accordance with the terms of the said prospectus and authorise the directors of the company to allot the said ………………… shares of the company or part thereof to the underwriters and in the event of the company making an application for such shares in the names of the underwriters, the underwriters shall hold the company harmless and indemnified in respect of such application.

 

5.    The company shall pay to the underwriters in cash a commission of ………………………… per cent on the nominal value of the shares within  …………. days from the allotment of the said …………………. shares. But should any allotment of the shares be made to the underwriters in accordance with the terms of this agreement, the commission shall not be payable until the underwriters pay the application and allotment moneys payable in respect of all the shares so allotted to the underwriters.

 

6.    It is hereby agreed that time is the essence of this agreement.               

 

7.    This agreement shall be executed in duplicate. The original shall be retained by the company and the duplicate by the underwriters.

 

            IN WITNESS WHEREOF the parties have signed these presents and a duplicate hereof the day and year first hereinabove written.

 

Signed and delivered by A 8 Ltd., the within named

company by its Managing Director Shri ………………

 

Signed and delivered by M/s. XYZ the within named

underwriters by their partners

 

WITNESSES;

1.

 

2.

 

 

 

AGREEMENT FOR APPOINTMENT OF A BROKER FOR SELLING A HOUSE

 

THIS AGREEMENT made at ……… on this …………….. day of …………………., 2000,  between A S/o. B resident of ………………  hereinafter called "the owner" (which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include his heirs, legal representatives, executors and administrators) of the ONE PART and C S/o D resident of ……………………… hereinafter called "the broker" (which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include his heirs, legal representatives, executors and administrators) of the OTHER PART.

 

WHEREAS the owner is the absolute owner of the property described in the Schedule hereunder written and he wants to sell the same and for that purpose he requires the services of a broker.

 

AND WHEREAS the broker, who is a reputed broker dealing in real estate in the area has shown his willingness to sell the said property.                    

 

AND WHEREAS the owner has agreed to appoint the broker for the sale of his property described in the Schedule hereto on the terms and conditions as hereinafter appearing.

 

NOW THIS AGREEMENT WITNESSES AS UNDER:

 

1.    The owner authorises the broker to sell the property for a consideration of Rs……………… out of which the purchaser shall pay Rs …………………. in advance as earnest money and the balance of Rs …………………. shall be paid within a period of three months at the time of registration of the conveyance deed.

 

2.    The owner hereby represents and warrants that the details of the property as described in the Schedule hereunder written are true and the title of the owner to the said property is clear, marketable and free from encumbrances.

 

3.    The owner hereby undertakes that after the receipt of earnest money from the purchaser, he shall deliver the abstract of title showing that he is the owner of the property and the property is free from mortgage, lien, charge or any encumbrance.

 

4.    The owner hereby agrees that on receipt of entire consideration in respect of the property, he shall execute conveyance deed in favour of the purchaser.

 

5.    The broker hereby agrees that he shall be able to sell the property within a period of one month from the date of these presents.

 

6.    The owner shall pay to the broker the commission at the rate of 2% of the consideration, which shall be payable at the time of execution of the conveyance deed of the property.

 

IN THE WITNESS WHEREOF the parties have hereunto set their hands, the day, month and year first above written.

 

Schedule of the above property

 

Signed and delivered by A s/o B, the within named owner

 

Signed and delivered by C s/o D, the within named broker

 

 WITNESSES;

1.

 

2.

 

 

AGREEMENT BETWEEN BUILDER AND A BROKER

FOR SELLING THE FLATS TO BE CONSTRUCTED

 

            THIS AGREEMENT made at ……………… on this …………… day of …………………, 2000, between ABC Construction Co. Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at     ………………….. hereinafter called 'the Builder" (which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors and assigns) of the ONE PART; and Shri XYZ son of Late Shri………………………. resident of …………………… hereinafter called "the Broker" (which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include his heirs, legal representatives, executors and administrators) of the OTHER PART.                                

 

            WHEREAS THE builder is constructing residential flats at …………….. more particularly described in the Schedule hereunder written; and wants to sell those flats and for the said purpose the services of the brokers are required.                    

 

            AND WHEREAS the broker has approached the builder and expressed his consent to act as broker for the sale of the flats on the terms and conditions mutually agreed upon.

 

NOW THIS AGREEMENT WITNESSES AS FOLLOWS:

 

1.    The builder appoints the broker for selling the flats being constructed by him, more particularly described in the Schedule hereunder written at the price and on the terms and conditions laid down in Annexure 1 to this agreement

 

2.    The broker will be entitled to the commission at the rate of 5 per cent on the cost of the flats booked by him.

 

3.    The builder hereby represents and warrants that he is having clear and marketable title to the flats, free from any encumbrance, charge, lien, mortgage or attachment. The builder also represents and warrants that the material used in the flats is of best quality.

 

4.    The builder hereby gives the period of six- months hereof for the sale of the flats described in the Schedule hereunder written and he shall not be authorised to sell the flats after the period of six months.

 

            IN WITNESS WHEREOF the parties have set their respective hands to these presents on the date, month and year hereinabove written.

                                                           

Schedule

Annexure 1

 

 

Signed and delivered by ABC Construction Co. Ltd.

through the hands of Shri…………………………     

Managing Director

 

 

Signed and delivered by XYZ

 

WITNESSES;

1.

 

2.