SALE DEED IN RESPECT OF LEASEHOLD LAND

THIS INDENTURE made at ………….the………….day of ................ 20………….between

Saurabh and Gaurav Co. Pvt. Ltd. A company incorporated under the Companies Act, 1956 and
having its registered office at (hereinafer called "the Vendors" which expression shall unless
repugnant to the context or meaning thereof be deemed to include its successors and assigns)
of the ONE PART and Puliani Paper Manufacturing Co. Ltd., a company incorporated under the
Companies Act, 1956 and having its registered office at …………. (hereinafter called "the
Purchaser" which expression shall unless repugnant to the context or meaning thereof be
deemed to include its successors and assigns) of the OTHER PART.
 
WHEREAS by an Indenture of sale (hereinafter called "the said sale deed") dated the ………….
(and registered with the sub-registrar of Assurances at ………….under Sr. No ………….of on
the………….of………….of Book No. 1) and made between Shri X and Shri Y of the one part
and the vendors of the other part the said X and Y conveyed unto the vendors, its successors
and assigns all those pieces or parcels of land or ground situate lying and being at village
………….in in the Registration District and sub-District of admeasuring ………….acres
and more particularly therein described and delineated on the plan annexed thereto being
thereon shown surrounded by red-coloured boundary line (whereof the land more particularly
described in the First Schedule herein under written and intended to be hereby assigned and
transferred constitutes a portion) for the term of ………….years from the…………. at the
monthly rent of Rs . ………….payable on the ………….day of each and every English calendar
month and subject to the covenants and conditions thereon contained and on the part of the
lessee to be performed and observed as therein provided.
 
AND WHEREAS by a Deed of Confirmation dated the.......(and registered with the
Sub-Registrar of Assurances at Bombay under Sr. No. of ………….on the ………….day
of ............................ Book No. 1) and made between ………….as administrator of the estate
and effects of the said …………. of the one part, the vendors of the other part………….the said
………….did thereby adopt, ratify, confirm and assure the said Lessee in favour of the vendors.
 
AND WHEREAS the Vendors have sub-divided the entire area of acres demised by the said
lease into several plots (including plot Nos . ………….and more particularly described in the
First Schedule hereunder written and intended to be hereby assigned and transferred) with
common roads, etc. and had the layout duly approved by the Municipal Corporation of ………….
 
AND WHEREAS by an Agreement for sale dated the..................... and made between the
vendors of the one part and the purchaser of the other part, the vendors have agreed to sell and
the ………….purchaser has agreed to purchase the ' said plot Nos . ………….and flats...........
consisting of when completed free from all encumbrances at or for the price to be calculated at
the rate of Rs . ………….per sq. ft. of the actual total built-up area thereon as might be
determined by measurement as provided therein.
 
AND WHEREAS pursuant to clause 2(9) of the said Agreement for sale, a sum of Rs .
………….became payable by the purchaser to the vendors upon the execution thereof while
the balance in………….of the price calculated as aforesaid is payable to the vendors by the
purchaser by instalments in the manner set out in the Third Schedule there under written.
 
AND WHEREAS the purchaser accordingly paid to the vendors the sum of Rs . ………….on
the………….day of ………….as................earnest money
 
AND WHEREAS the purchaser has also subsequently made further payments to the vendors
under the provision in that behalf contained in the Third Schedule to the
said agreement for sale as hereunder mentioned, that is to say
Rs . ………….on the ………….day of ………….
Rs . ………….on the ………….day of ………….
Rs . ………….on the ………….day of ………….
Rs . ............... on the .............. day of………….
 
AND WHEREAS the said six buildings have at the date hereof been constructed by the vendors
up to the plinth thereof.
 
AND WHEREAS for the purpose of stamp duty the value of the said leasehold land together
with the building erections and structure is estimated to be Rs . ………….(Rupees ………….
………….)
 
AND WHEREAS the Deputy Collector and Competent Authority(ULC) . ………….appointed
under the provisions in that behalf contained in the Urban Land (Ceiling & Regulation) Act, 1976
has given his permission to the vendors to assign and transfer by way of sale the said
land with the six buildings thereon to the purchaser as is evidenced by his order No .
………….dated day of addressed the vendors, a copy of which has been set out in the Third
Schedule hereunder written.
AND WHEREAS it has been agreed that the vendors shall retain the deeds and documents
comprised in the Second Schedule hereunder written which relate to the plots of land intended
to be hereby assigned and transferred as also to the other plots of land retained by the vendors
and shall enter into such covenants with the purchaser with regard thereto as are hereinafter
contained.
 
NOW THIS INDENTURE WITNESSETH that in pursuance of the said greement for sale and in
consideration of the sum of Rs . ………..(Rupees ………..) paid on the day of ………..as
deposit or earnest money as hereinabove recited and of the further sum of
 
Rs . ………..only paid on the………..day of
Rs . ………..only paid on the ………..day of
Rs . ………..only paid on the ………..day of
Rs . ………..only paid on the ………..day of
Rs . ………..only paid on the ………..day of
 Rs . ………..only paid on the ………..day of
 
respectively by the purchaser to the vendors (the receipt of which said sums including the
earnest money the vendors do hereby admit and acknowledge and of and from the same and
every part thereof for ever acquit, release and discharge the purchaser) and the balance of Rs
……….. (Rupees……….. ) or thereabouts
hereafter payable as provided in the Third Schedule to the said agreement for sale making
together the sum of Rs ………..or thereabouts being the full consideration money agreed to be
paid as aforesaid. They the Vendors DO HEREBY ASSIGN, TRANSFER and unto the
purchaser ALL THOSE pieces or parcels of leasehold land or ground constituting plot Nos .
………..and ………..of the sanctioned layout and sub-division admeasuring sq. yards
equivalent to ………..sq. meters bearing survey No (part), Hissa No ………..of village in the
registration Sub District and District of and more particularly described in the First Schedule
hereunder written and delineated on the plan thereof hereto. annexed being thereon surrounded
by red coloured boundary lines being a portion of the land dernised by the said lease together
with all courtyards areas, compounds, sewers, drains, ditches and fences,trees, plants, shrubs,
ways, paths, passages, common gullies, well, water, water-courses, rights, liberties, privileges,
easements, profits, advantages, rights, members and appurtenances whatsoever to the said
leasehold land or ground belonging or in anyway appertaining and with the same or any part
thereof now or at any time heretofore usually held, used, occupied or enjoyed or reputed or
known as part or member thereof and to belong and be appurtenant thereto and all the
estate right, title,. interest, property claim and demand whatsoever at law and
in equity of the vendors in to, out of or upon the said leasehold andhereditaments and premises
or any part thereof TO HAVE AND TO HOLD all and singular the said leasehold land, here
ditaments and premises and all other premises hereby assigned and transferred or intended or
expressed to be with their and every of their rights, members and appurtenances (all of which
are hereinafter called the said "leasehold premises") UNTO AND TO THE USE and benefit of
the purchaser, its successors and assigns henceforth for all the residue now unexpired of the
term of ninety-eight years and the renewal or renewals thereof SUBJECT to the covenants and
conditions contained in the said lease so far as the same relate to the said leasehold premises
and henceforth on the part of the purchaser as the lessee thereof to be observed and performed
and subject further to the payment of all rents, rates, charges, assessments, dues and duties
now chargeable upon the same or hereafter to become payable in respect thereof to
Government, the Municipal Corporation of .............. or any other local or public body or authority
in respect thereof
AND THIS INDENTURE FURTHER WITNESSETH that in further pursuance of the said
agreement for sale and for the consideration aforesaid they the vendors HEREBY GRANT,
CONVEY, TRANSFER AND ASSURE unto the purchaser all those the buildings, erections and
structures erected and standing or being erected thereon together with all sewers, drains,
ditches, assessments, profits, privileges, rights, members and appurtenances whatsoever
thereto belonging or in anyway appertaining and with the same or any part thereof now or at any
time heretofore usually held, used, occupied or enjoyed or reputed or known as part or member
thereof and to belong or be appurtenant thereto and all the estate right, title, interest, property,
claim and demand whatsoever at law or in equity into out of or upon the said buildings,
erections and structures or any part thereof to have and to hold the said buildings, erections and
structures hereinbefore expressed to be hereby granted, conveyed, transferred and
assured with their appurtenances (all hereinafter called the said freehold premises) unto and to
the use of the purchaser for ever subject nevertheless to the payment of all rates, taxes
assessments, dues and duties now chargeable upon the same or which may hereafter become
payable to Government, the Municipal Corporation of or to any local or public body or authority
in respect thereof.
AND THE VENDORS DO HEREBY COVENANT with the purchaser, its successors and assigns
that notwithstanding any act, deed, matter or thing by the vendors or any person or persons
lawfully or equitably claiming from, under or in trust for the vendors done, executed, omitted or
knowingly suffered to the contrary the said lease is now valid and subsisting and not in anyway
forfeited, surrendered or become void or voidable and that the covenants and conditions on the
part of the vendors by and in the said lease reserved and contained have been duly performed
and observed up to the date of these presents and that notwithstanding any such act, deed
or thing as aforesaid the vendors now have good right, full power and absolute authority to
grant, assign and transfer the said leasehold premises hereinbefore assigned and transferred or
expressed so to be and to grant, convey, transfer and assure the said freehold premises unto
and to hereinbefore granted,
conveyed, transferred and assured or expressed so to be unto and to the use of the purchaser
in manner aforesaid and that it shall be lawful for the purchaser from time to time and at all
times hereafter peaceably and quietly to hold, enter upon, have, occupy, possess and enjoy the
said leasehold premises hereinbefore assigned and transferred or expressed so to be and the
said freehold premises hereinbefore granted, conveyed, transferred and assured or expressed
so to be with their respective appurtenances and receive the rents, issues and profits thereof
and of every part thereof to and for its own use and benefit without any lawful eviction,
interruption, claim or demand whatsoever from or by the vendors or from any person or persons
lawfully or equitably claiming or to claim by, from, under or in trust for the vendors and that free
and clear and freely and clearly and absolutely acquitted, exonerated, released and forever
discharged or otherwise by the vendors well and sufficiently saved, defended, kept harmless
and indemnified by, from and against all former and other estates, title, charges and
encumbrances whatsoever either held or to be hereafter had, made, executed, occasioned or
suffered by the Vendors or by any other person or persons lawfully or equitably claiming or to
claim by, from, under or in trust for them and that the vendors and all persons having or lawfully
or equitably claiming any estate, right, title or interest at law or in equity in the said leasehold
premises hereinbefore assigned and transferred and the said freehold premises hereinbefore
granted, conveyed, transferred and assured or any of them or any part thereof by, from, under
or in trust for the vendors shall and will from time to time and at all times hereafter at the request
and costs of the purchaser do and execute or cause to be done and executed all such further
and other lawful and reasonable acts, deeds, things, matters, conveyances, assignments and
assurances in law whatsoever for the better, further and more effectually assuring the said
leasehold premises and the said freehold premises or any of them or any part thereof unto and
to the use of the purchaser in manner aforesaid as shall or may be reasonably required by the
purchaser.
 
AND THIS INDENTURE ALSO WITNESSETH that in pursuance of the aforesaid agreement
and in consideration of the premises the vendors do for themselves, their successors and
assigns with intent to bind so fat as they can all persons into whose hands the said deeds and
writings comprised in the Second Schedule hereunder written shall come FURTHER
COVENANT with the purchaser, its successors and assigns that they the vendors shall and will
unless prevented by fire or some other inevitable accident from time to time and at all times
hereafter upon every reasonable request and at the cost of the purchaser or any other person or
persons lawfully or equitably claiming through or under the purchaser any estate or interest in
the said leasehold premises hereinbefore assigned and transferred, produce or cause to be
produced to the purchaser or other, the person or persons or their solicitors or agents at any
trial, hearing, commission or examination or otherwise as occasion shall require all or any of the
said deeds and writings comprised in the said Second Schedule hereunder written (which relate
as well to the said leasehold premises as also to other land and premises belonging to the
vendors and the possession of which is retained by the vendors) for the proof, defence and
support of the title of the purchaser, its successors and assigns or any such other person or
persons as aforesaid to the said leasehold premises more particularly described in the First
Schedule hereunder written and hereinbefore assigned and transferred or any part thereof and
will permit the same to be examined, inspected or given in evidence and will also at the like
request and at the cost of the purchaser, its successors and assigns or any other person or
persons as aforesaid deliver or cause to be delivered to it such attested or other copies or
abstracts of or extracts from the same deeds and writings respectively or any of them as it may
require and shall and will in the meantime unless prevented as aforesaid keep the same deeds
and writings safe, unobliterated and uncancelled provided always and it is hereby declared that
in case the vendors or their successors and assigns shall deliver the said deeds and writings or
any of them to any future purchaser or purchasers of any of the here ditaments to which the
same may relate or to any other person or persons for the time being entitled to the custody of
the said deeds and writings and shall thereupon at their own cost and charges procure such
purchasers or purchaser persons or person to other into a covenant with the purchaser, its
successors and assigns similar in all respects to the covenant hereinbefore contained then and
in such case and immediately thereupon the last mentioned covenant shall cease and become
and be null and void so far as regards the deeds and writings to which the said substituted
covenant shall relate.
 
AND THE PURCHASER DOTH HEREBY COVENANT with the vendors that the purchaser shall
and will at all times hereafter during the continuance of the said term granted by the said lease
and the renewal or renewals thereof observe and perform the covenants and conditions
contained in the said lease in so far as the same relates to the said leasehold premises and
henceforth on the part of the purchaser as the lessees thereof to be observed and performed
and will at all times hereafter keep the vendors effectually indemnified from and against the
observance and performance of the said covenants so far as the same relate to the said
leasehold premises and all actions, proceedings, costs, damages, expenses, claims and
demands whatsoever which may be incurred or sustained in respect thereof by reason of or on
account of the breach or non-observance or non-performance of the said covenants and
conditions or any of them
 
IN WITNESS WHERE OF the vendors and purchaser have caused their common seals
to be hereto affixed the day and year first hereinabove written.
The First Schedule above referred to
 
(Description of Property)
The Second Schedule above referred to
(List of title deeds)
The Third Schedule above referred to
 
Permission under Urban Land (Ceiling & Regulation) Act
 
WITNESSES The Common Seal of the within named, vendors Saurabh and Gaurav Co. (P)
Ltd. was hereunto affixed pursuant to the Resolution of its Board of Directors passed on the
day of………..in the
 
1 presence of Mr . ………..a Director of the Company who has signed these
presents in token thereof in the presence of ..................................
 
2. The Common Seal of the within named Purchasers Puliani Paper Manufacturing Co.
Ltd. was hereunto affixed pursuant to the Resolution of its Board of Directors passed on
the ………..day of………..in the presence of Mr . ………..and Mr . ………..Directors of the
company who have signed these presents in token thereof in the presence of:
 
Received of and from the within named purchaser Puliani Paper Mfg. Co. Ltd. the aggregate
sum of Rs . ……….. (Rupees ………..)as and on the dates within mentioned the balance being
hereafter payable to us as provided in the Third Schedule to the within recited Agreement for
sale Rs . ………..
 
We say received
Vendors