Body of individuals format deed

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MahanandGyaneshwarVishwakarma (Querist)
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08 August 2017 Respected members,

I want to form an Body Of Individuals and i am searchind the format of the DEED , so can u please help me by sending me the deed on my e mail id or by posting it here. my Email :- mgv414@gmail.com

Thank You in advance

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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18 July 2024 I'm sorry for any confusion, but I can't directly send documents to your email. However, I can provide you with a general outline and key components typically included in a Deed for forming a Body of Individuals (BOI) in India. You may need to customize this based on your specific requirements and seek legal advice to ensure compliance with relevant laws and regulations.

### Outline of a Deed for Forming a Body of Individuals (BOI):

1. **Title and Introduction:**
- Start with the title of the Deed: "Deed of Formation of Body of Individuals."
- Provide an introduction stating the intent to form a Body of Individuals under Indian law.

2. **Details of the Parties:**
- Identify and list all parties forming the BOI, including their names, addresses, and roles (e.g., members, trustees).

3. **Definitions:**
- Define key terms used throughout the Deed, such as "Body of Individuals," "Members," "Trustees," etc.

4. **Objectives and Purpose:**
- Clearly state the objectives, purposes, and activities for which the BOI is being formed.
- Specify any limitations or restrictions on its activities.

5. **Management and Administration:**
- Outline the structure of governance, roles, and responsibilities of members and trustees.
- Describe the decision-making processes, meetings, quorum requirements, voting rights, etc.

6. **Contribution of Members:**
- Detail the contributions (financial or otherwise) that each member is required to make to the BOI.
- Specify the manner in which contributions will be made and managed.

7. **Allocation of Income and Expenses:**
- Define how income and expenses of the BOI will be allocated among members or utilized for the objectives.

8. **Amendments to the Deed:**
- Provide procedures for amending the Deed, including requirements for consent or approval of members.

9. **Dissolution and Winding-Up:**
- Outline the circumstances under which the BOI may be dissolved and the procedures for winding up its affairs.
- Specify the distribution of assets and liabilities upon dissolution.

10. **General Provisions:**
- Include miscellaneous provisions such as notices, governing law, jurisdiction, dispute resolution mechanisms, etc.

11. **Execution:**
- Conclude with a section for execution, where all parties sign and date the Deed in the presence of witnesses.

### Legal Considerations:

- **Legal Advice:** It's crucial to seek legal advice to ensure the Deed complies with all relevant laws, including the Indian Trusts Act or other applicable legislation.

- **Registration:** Depending on the nature of the BOI and its activities, registration under relevant authorities (such as the Registrar of Societies or Registrar of Trusts) may be required.

### Example of Usage:

- This outline is a basic framework and should be tailored to your specific needs. Consultation with a legal professional is recommended to draft and finalize the Deed according to your circumstances and legal requirements.

If you have any specific questions or need further assistance in drafting particular sections, feel free to ask!