Allottee(s) definition
Allottee(s) means a successful Bidder to whom the Equity Shares are Allotted;
Allottee(s) means and include:
(a) If the Allottee(s) be an individual then his/her heirs, executors, administrators, legal representatives, successors and permitted assigns;
(b) If the Allottee(s) be a Hindu Undivided Family, then its karta and member(s) for the time being, their survivors and respective heirs, executors, administrators, legal representatives and permitted assigns;
(c) In case the Allottee(s) be a Partnership Firm, then its partners for the time being, their respective heirs and executors, administrators, legal representatives and permitted assigns; and
(d) In case the Allottee(s) be a limited company, then its successor or successors-in-interest and permitted assigns;
Allottee(s) means and includes:
(i) If the Allottee(s) is a Hindu Undivided Family, then its karta and each of the member constituting HUF, their Heirs, executors, successors, administrators and permitted assignees;
(ii) If the Allottee(s) is an individual then his/her legal successor(s), executor(s), administrator(s), legal representative(s), and permitted assignee(s);
(iii) In case the Allottee(s) is a limited company, then its legal successor(s), representative(s) and permitted assignee(s); and
(iv) In case the Allottee(s) is a Partnership Firm, then its partners for the time being, their respective legal successor(s), executor(s), administrator(s), legal representative(s) and permitted assignee(s) including those of the respective partners.
More Definitions of Allottee(s)
Allottee(s) means a Unit owner in the Said Project/Whole Project and includes:
(i) If the Allottee(s) is an individual then his/her legal successor(s), executor(s), administrator(s), legal representative(s), and permitted assignee(s);
(ii) If the Allottee(s) is a Hindu Undivided Family, then its karta and each of the member constituting HUF, their Heirs, executors, successors, administrators and permitted assignees;
(iii) In case the Allottee(s) is a Partnership Firm, then its partners for the time being, their respective legal successor(s), executor(s), administrator(s), legal representative(s) and permitted assignee(s) including those of the respective partners;
(iv) In case the Allottee(s) is a Limited Liability Partnership Firm, then its partners for the time being, their respective legal successor(s), executor(s), administrator(s), legal representative(s) and permitted assignee(s) including those of the respective Designated Partners; and
(v) In case the Allottee(s) is a limited company, then its legal successor(s), representative(s) and permitted assignee(s);
Allottee(s) means one or more ALLOTTEESs named above and include:-
a. in case of an individual, his/her heirs executors administrators legal representatives and/or assigns;
b. in case of a HUF, its members for the time being their respective heirs executors administrators legal representatives and/or assigns;
c. in case of a partnership firm or LLP, its partners for the time being their respective heirs executors administrators legal representatives and/or assigns and in case of LLP shall also include its successors or successors-in-office and/or assigns;
d. in case of a Company, its successors or successors-in-office and/or assigns;
e. in cases not falling within any of the above categories, the constituent of the ALLOTTEES as its nature and character permits and their heirs legal representatives or successors as the case may be and/or assigns.
Allottee(s) means, in respect of each Syndicated New Issues Distribution, the Customer or Customers (including, as the case may be, the Settlement Agent) to which the newly issued securities have to be transferred in the CBL system.
Allottee(s) means a Unit owner in the Said Project and includes :
(i) If the Allottee(s) is an individual then his/her legal successor(s), executor(s), administrator(s), legal representative(s), and permitted assignee(s);
(ii) If the Allottee(s) is a Hindu Undivided Family, then its karta and each of the member constituting HUF, their Heirs, executors, successors, administrators and permitted assignees;
(iii) In case the Allottee(s) is a Partnership Firm, then its partners for the time being, their respective legal successor(s), executor(s), administrator(s), legal representative(s) and permitted assignee(s) including those of the respective partners; and
(iv) In case the Allottee(s) is a limited company, then its legal successor(s), representative(s) and permitted assignee(s);
Allottee(s) means and includes:
a) If the Allottee(s) is an individual then his/her legal successor(s), executor(s), administrator(s), legal representative(s), and permitted assignee(s);
b) If the Allottee(s) is a Hindu Undivided Family, then its karta and each of the member constituting HUF, their Heirs, executors, successors, administrators and permitted assignees;
c) In case the Allottee(s) is a Partnership Firm or LLP, then its partners/designated partners for the time being, their respective legal successor(s), executor(s), administrator(s), legal representative(s) and permitted assignee(s) including those of the respective partners; and
d) In case the Allottee(s) is a limited company, then its legal successor(s), representative(s)and permitted assignee(s);
Allottee(s) shall hereinafter, collectively, be referred to as the “Parties” and individually as a “Party”)
Allottee(s) means the persons set out in Schedule I to Part IV of this Scheme;