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MODEL DEED

SALE DEED

This DEED OF SALE executed this, the 3rd day of July, 2006 BETWEEN

M/s. XYZ & CO. LTD. a Public limited Company, registered under the Companies Act 1956
and having their registered office at No.25 Patullos Road, Chennai- 600002, hereinafter
called the “VENDOR” (which term shall mean and include all their legal heirs, executors,
representatives, assigns etc.) of the ONE PART AND Thiru. S. Ganesan, son of Thiru. M.
Selvam, aged about 45 years and residing at No.50, I Cross Street Anna Nagar, Tambaram,
Chennai-600 090, hereinafter called the 'PURCHASER' (which term shall mean and include
all his legal heirs executors, representatives, assigns etc. of the OTHER PART.

WHEREAS the vendor is the absolute owner of the property consisting of a vacant land
covering an extent of 3 acres, bearing R.S. No.1600/85, located in Tambaram Village,
Chennai-600 090, more fully described in the Schedule hereunder, they having acquired the
same from Thiru. R. Kannan, by way of sale in the year 1992 and registered with the Sub-
Registry at Tambaram Village, Chennai, evidenced by Sale Deed No.2020/92.

WHEREAS, the vendor is desirous of disposing off by way of sale the property consisting of
a vacant land covering an extent of 3 acres, bearing R.S. No.1600/85, located in Tambaram
Village, Chennai-600 090, more fully described in Schedule hereunder, since the said
property is no longer required for their use.

WHEREAS the purchaser having learnt that the vendor is desirous of disposing off by way of
sale their property consisting of a vacant land covering an extent of 3 acres, bearing R.S.
No.1600/85, located in Tambaram Village, Chennai-600 090, more fully described in the
Schedule hereunder, approaches the vendor with a view to purchasing the same.

WHEREAS, the vendor and purchaser having carried out negotiations for the Sale and
Purchase respectively of the property consisting of a vacant land and covering an extent of 3
acres of land, bearing R.S. No.1600/85, located in Tambaram Village, Chennai-600 090,
more fully described in the Schedule hereunder; the vendor having agreed to sell the property
and the purchaser having agreed to purchase the same for a total consideration of RS.10
lakhs.

WHEREAS, in pursuance of the agreement arrived at between the Vendor and Purchaser as
regards sale and purchase respectively of the property, more fully described in the Schedule
hereunder, the purchaser having paid to the vendor a sum of Rs.3 lakhs (Rupees three lakhs
only), being the advance amount, on 30' June, 2006, under an agreement to sell was entered
therefor.

NOW THIS DEED WITNESSES THAT IN CONSIDERATION OF the vendor having


agreed to sell and the purchaser of a vacant land, bearing R.S. No.1660/85, more fully
described in Schedule hereunder, the Purchaser having paid an advance amount of
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Rs.3,30,000/- on 30th June, 2006,when an agreement to sell was entered between the parties;
the purchaser having paid on the day of the execution of this deed, the balance sum of Rs.
6,70,000/- to the vendor, which sum the vendor acknowledges of having received; and thus,
the total consideration of RS.10 lakhs having been received by the vendor; the vendor does
hereby convey unto the purchaser absolutely all the title and interests in the Schedule
mentioned property and further, the vendor also delivering vacant possession of the said
property to the purchaser to enable the purchaser to enjoy the said property absolutely and
without any interruption of whatsoever nature.

TO HAVE AND TO HOLD the property by the purchaser absolutely and forever and without
any encumbrance of whatsoever nature.

THAT the vendor and purchaser hereby mutually covenant as follows:

1. The vendor hereby assures the Purchaser that the property hereby sold to the Purchaser is
free from all encumbrances and that if any subsisting is found to be there, the same shall be
discharged at the expenses of the Vendor.

2. The Vendor hereby declares that in respect of the property sold by him to the Purchaser, he
shall pay all the taxes and other levies due on the property up to the date of execution of this
Sale Deed and that the Purchaser shall pay the taxes and dues falling due hereafter.

3. The Purchaser shall apply to the appropriate authorities and arrange to carry out the change
of name required in all the necessary records and for this purpose, the Vendor is always in
readiness to give consent and affix their signature.

4. The Vendor hereby declares that he surrendered all the parent deeds connected with the
property and that no document is retained by him.

IN WITNESS WHEREOF, the parties hereto have set their hands on this, the 3rd day of July,
2006.

Dated at Tambaram, this 4th day of July, 2006.

WITNESS

(1) Sd/- xxxxxxxxxxxx Sd/ xxxxxxxxxxxx

(Name and Address) (Vendor)

2) Sd/- xxxxxxxxxxxx Sd/- xxxxxxxxxxxx

(Name and Address) (Purchaser)


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SCHEDULE OF PROPERTY

All that piece and parcel of land including all trees and bushes covering an extent of vacant
land to 3 acres, bearing R.S. No.1600/85, located in Tambaram Village, Chennai-600 090,
and bounded on,

NORTH by 100 Feet Road leading to Chennai City

SOUTH - by a house Door No.23, bearing R.S. No.1605/85 and belonging to N. Murugesan

WEST – by a house Door No.24, bearing R.S. No.1609/85 and belonging to A. Ganesan, and
having a right of entry to the property from this side.

EAST - by a 40’ road leading to Murugan Temple and situated within the Registration and
Sub-Registration District of Tambaram.

Dated at Chennai, this the 3rd day of July, 2006.

(Sd/-) xxxxxxxxxxx

(Vendor)

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