This NOC is promoter consent to the stated transfer process. It does not itself prove payment of the private resale consideration between outgoing and incoming parties.
5. SIGNATURE
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
Personal data in this document is collected only to record the promoter's decision and conditions for transfer of the allotment, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.
If the proposed transfer does not proceed, the personal data will be retained for 90 days from that decision and then erased. If it proceeds, the record will be retained for the transaction plus 12 months, except for a record that a statute requires to be kept for a longer named period.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, passwords or bank credentials. Identity, PAN and lender information should be collected only where the stated transfer, tax or KYC purpose actually requires it.