ASSENT BY A CREDITOR TO DEED OF COMPOSITION AND UNDERTAKING TO EXECUTE THE SAME

 

I ……………..  son of……………..being a creditor of Shri A son of……………..carrying on business of ……………..at……………..for the amount of Rs……………..for the supply of ……………..agree to accept the proposal of the said A for a composition contained in a notice to the creditors dated……………..with such modifications, as may be agreed by the creditors at a meeting to be held on the……………..day of……………..and I hereby undertake to execute any deed of composition, which may be executed in pursuance of the acceptance of the proposal for composition

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Date:                                                                                                               Creditor