The catalytic and material properties of vanadium compounds and their effects in biologicalrnsystems have long provided the impetus and fuel to studies of vanadium science. The expandingrnknowledge of the role of vanadium in biological systems and of the potential of vanadiumrncompounds as therapeutic agents has led continuously increasing interest in the coordinationrnchemistry and solution chemistry of this element. Vanadium complexes with mixed ligandsrncontaining oxygen and nitrogen atoms are known to have high redox stability. In this context, thernninhydrin-semicarbazone Schiff base ligand with nitrogen and oxygen coordinating atoms wasrnchosen for this study.The oxovanadium (IV) complex of the type [VO(DSCI] has been prepared using templaternmethod of synthesis with Schiff base ligand derived by condensation of ninhydrin andrnsemicarbazide wherein the VO2+ cation acts as a template. Tentative structure of the complex hasrnbeen proposed on the basis of characterization by electrical conductance, magnetic moment andrnelectronic spectra. The oxovanadium (IV) complex is a five coordinated square-pyramidalrnwherein the Schiff base ligand acts as a tetradentate ONNO donor coordinating via thernazomethine nitrogen atoms and enolized oxygen atoms of the amide group. The assignment ofrnthe geometry is corroborated by magnetic moment and electrical conductance measurements.rnKey Words: Oxovanadium (IV) complex, Schiff base, Ninhydrin, Semicarbazide, 1, 2-rndisemicarbazone-indan-3-one.