THIS DEED OF INDEMNITY made at (city), the _____day of ________, 20__ Between (1)________________  Indian Inhabitant, residing at_____________________ hereinafter referred as the "said OWNER" (Which expression shall unless it be repugnant to the context or meaning thereof, be deemed to mean and include their respective heirs, executors and/or administrators) of the ONE PART
and the _________________________________________, hereinafter referred to as the said society registered under the Co-operative Societies Act, 1960 having its registration No. _________________ of 20__ and having its registered office at ___________________, _____________, (city), hereinafter referred to as the "said SOCIETY" (Which expression shall, unless it be repugnant to the context or meaning thereof be deemed to mean and include its successor or successors) of the OTHER PART. 

Whereas The said OWNER herein, were the joint members of the ______________________ had equal right, title, interest in the Flat bearing No.___ on _____ floor ,in the building known as "_____________" of the said Society. 

Andwhereas the said OWNER were in possession of the aforesaid flat No.___ and were jointly allotted share certificates No.__ in respect of five shares of Rs.50/- each shares bearing No.__ to ___(both inclusive) by the _____________________________________ (hereinafter referred to as the "said Shares") 

Andwhereas the said OWNER has sold his right, title and interest in the said shares and the said flat to the said ______________________ vide a gift deed dated ______________. 

And whereas by Virtue of the aforesaid Gift the aforesaid _____________ has become the sole owner of the said flat bearing No.___ and a garage and the OWNER have requested the SOCIETY to admit and acknowledge the said ___________ as the Sole member as well as the allottee of the said shares. 

And whereas to safeguard the SOCIETY from any kind of adverse claim, the said OWNER are executing this Deed of Indemnity. 

        NOW THIS INDENTURE WITNESSETH that in consideration of the SOCIETY, accepting the said _____________ as the sole member of the aforesaid flat and the car park the said OWNER DO and each of them DO hereby convenant with the SOCIETY that the said OWNER shall and will indemnify and keep the said SOCIETY  fully and effectively indemnified from and against all claims demands, actions, suits and or proceedings that may be made or taken by any person, body or authority claiming any interest in respect of the aforesaid flat and a garage or shares and against all loss or damage that may be caused to and or cost, charges and or expenses that may be suffered or incurred by the said SOCIETY as regards the said flat.

        IN WITNESS WHEREOF, the said OWNERS has hereunto set their hand the day and year first hereinabove written. 

SIGNED SEALED AND DELIVERED                ) 
by the withinnamed "OWNER"   )
_____________________________ )      
____________________________   )      
in presence of..............