DEED OF CANCELLATION

This DEED OF CANCELLATION made on this the day of 2003

between

herein after referred to as the the FIRST PART of the one part
 AND

hereinafter referred to as party of the SECOND PART of the second part;

The terms FIRST PART and SECOND PART shall mean and include their
heirs, successors, legal representatives and assigns.

WHEREAS by the sale Deed dated registered as Document No. Of

on the file of the Sub Registrar, , it was witness that the FIRST PART through the
SECOND PART did for the consideration mentioned herein purported to grant, convey,
sell, transfer and assure the Schedule mentioned property unto the use of the
SECOND PART absolutely and for ever so as to enable the SECOND PART to have,
hold, own passes and enjoy the same peacefully and quietly without any claim,
demand, interruption by person or persons on behalf of or claiming under the FIRST
PART and;

WHEREAS the said conveyance through contain inter alia of the necessary
covenant as or usual on the part of the FIRST PART in case of the sale of the property
of that nature namely the covenant as to the good title peaceful possession, non-
encumbrance further assure and indemnity, but nevertheless the same couldn’t acted
upon or otherwise gave effect to in as much as the FIRST PART did not and further
couldn’t deliver possession of the SCHEDULE MENTIONED PROPERTY and the
same was not possess by the SECOND PART and;

WHEREAS the FIRST PART has paid back the consideration with interest
mentioned in the sake deed dated which is acknowledged by the SECOND PART
herein and;

WHEREAS the SECOND PART has been kept out of possession of the
schedule mentioned property and;

WHEREAS in the event herein before stated the conveyance has been in
fructuous to all intend and purposes rather a mere paper transactions and so on no
effect nor of any use or benefit to the SECOND PART and;
 WHEREAS in the circumstances the parties have mutually agreed and
decide to be relieved of the respective liabilities arising out of the sale deed mentioned
above by having the said conveyance cancelled against refund of the consideration
money and all other accounts between them having been settled and adjusted and;

WHEREAS the SECOND PART has returned the said conveyance to the
FIRST PART and the FIRST PART has also refunded the consideration money to the
SECOND PART which the SECOND PART do hereby admit, acknowledge and
confirm.

NOW THIS INDENTURE OF CANCELLATION WITNESSETH:

For the consideration of the aforesaid the parties hereto do hereby mutually agreed
and declare that the said conveyance dated registered as Document No. on the
file of Sub Registrar’s office, shall be and as in fact been cancelled with minimum
effect (as if the same was never executed or brought into existence) and as such the
same was shall be of no force and effect and this deed of cancellation further
witnesseth parties hereto agreed and declare that in consequent of such cancellation
as hereunder made all right, title, interest and claim demand etc of the SECOND PART
in the schedule mentioned property and by virtue of the purported sale deed dated
which is hereby reassigned and reassured and shall be deemed as completely
divested, extinguished and discharged and reverted fully to and vested in the FRST
PART and all the parties are placed in the same position in which they were before the
sale.

This deed of cancellation further witnesses the parties hereby mutually agreed and
covenant to each other that neither of them have done, executed or perform any act or
deed or thing or suffered anything to the contrary whereby or reason or means
whereas Schedule mentioned property may in any way be affected or prejudiced in title
or estate or any of them be hindered or prevented from cancelling the sale deed.

SCHEDULE

In witness whereof the PARTY OFHE FIRST PART and SECOND PART have signed
on the day, month and year first above written in the presence of
WITNESSES PARTY OF THE FIRST PART

PARTY OF THE SECOND

PART