ABSOLUTE SALE DEED

THIS DEED OF ABSOLUTE SALE is made and executed on this --- day of
November 2019 at Bangalore.

Sri. Dr. C.S. VENKATASUBBAN

Aged about 64 years,
S/o Dr. C.V. Subramanian
Residing at No. 1017/1023
Geetanjali Layout HAL 3rd Stage,
Bengaluru-560075
PAN No----

Hereinafter called the “VENDOR” (which term wherever the context requires
shall mean and include himself and his legal heirs, executors, administrators,
legal representatives and assigns) of the ONE PART AND

IN FAVOUR OF

Sri. ------
Aged about ----years,
S/o -----
Residing at No.------
PAN No----

Hereinafter called the “PURCHASER” (which term wherever the context

requires shall mean and include himself and his legal heirs, executors,
administrators, legal representatives and assigns) of the OTHER PART:
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WITNESSETH AS FOLLOWS:

Whereas the Vendor herein is the sole and absolute owner of Property bearing
Site No.220, Khatha No.186, New Khatha No. 1558 Property No.85/1 situated
at DODDAGUBBI Village, Bidarahalli Hobli, Bangalore East Taluk, he having
purchased the same through a registered Sale Deed dated 17-02-2006 and
registered as document No.KRI-1-18820/2005-06 of Book I, stored in KRID184
registered in the Office of the Sub-Registrar, Krishnarajapuram Bangalore, and
he is in peaceful possession and enjoyment of the same.

Whereas, a rectification deed was executed on 06-04-2016 and the same was
registered as document No.BNS-1-00204-2016-17 stored in C.D.No.BNSD432
and registered in the Office of the Sub-registrar, Banaswadi Bangalore,
rectifying the errors occurred in the aforesaid Sale Deed dated 17-02-2006 and
the Vendor herein is in peaceful possession and enjoyment of the same, the
same being his self acquired property.

The Khatha of the schedule property stands in the name of the Vendor herein
and taxes were paid to the concerned authorities. The Vendor has got good
and marketable title over the said property and got full and absolute right, title,
claim, ownership whatsoever of the schedule property. Except the Vendor none
else shall have any manner of right, title, and interest, whatsoever over the
schedule property.

Whereas, the Vendor is in need of funds for his legal necessities has decided to
sell Property bearing Site No.220 Khatha No.186 New Khatha No 1558
Property No. 85/1 situated at DODDAGUBBI Village, Bidarahalli Hobli,
Bangalore East Taluk which is more fully described in the schedule given
hereunder and hereinafter referred to as Schedule Property, free from all types
of encumbrances to the Purchaser herein for an agreed sale consideration of
Rs.64.00.000/- (Rupees Sixty-Four lakh only) for which the Purchaser has
also agreed.
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NOW THIS DEED OF ABSOLUTE SALE WITNESSETH:

That in pursuance of the said consideration the Purchaser has this day paid
before the witnesses to the Vendor the full sale consideration Rs.64.00.000/-
(Rupees Sixty-Four lakh only), this day in full and final settlement of sale
amount and the Vendor hereby acknowledges and admits the receipt of the
same

NOW THIS INDENTURE OF ABSOLUTE SALE WITNESSETH AS

FOLLOWS:
That in pursuance of the aforesaid consideration hereto the total sale
consideration amount of Rs.64.00.000/- (Rupees Sixty-Four lakh only) paid in
the following manner:

Rs.____________/- (Rupees ________________________ only) by way of

Cheque/Demand Draft bearing No.__________, dated ___________, drawn
on/issued by _____________ Bank, _________________Branch, Bangalore.

Rs.____________/- (Rupees ________________________ only) by way of

Cheque/Demand Draft bearing No.__________, dated ___________, drawn
on/issued by _____________ Bank, _________________Branch, Bangalore.

Rs.____________/- (Rupees ________________________ only) by way of

Cheque/Demand Draft bearing No.__________, dated ___________, drawn
on/issued by _____________ Bank, _________________Branch, Bangalore

Rs.64.00.000/- (Rupees Sixty-Four lakh only) has been paid by the

Purchaser to the Income Tax Department towards Deduction of Tax at Source
vide Challan No.-- BSR Code No.---- Dated --11-2019 on behalf of the Vendor
to the Income Tax Department, in the presence of the witnesses hereto, in full
and final settlement and the receipt of which the Vendor hereby duly
acknowledges in full satisfaction. And the Vendor hereby agrees that no amount
is due from the Purchaser for the said sale transaction.
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Thus having received the full sale amount the Vendor does hereby sell, convey,
transfer, assign and grant by way of absolute sale, free from all types of
encumbrances, with all estate rights, title, interest, claim and demand
easementry rights, paths, ways, water sources, liberties etc., of the Vendor in to
or upon the same TO HAVE AND TO HOLD AND TO ENJOY the same UNTO
AND TO the use of the Purchaser absolute and for ever.

The Vendor has delivered the vacant possession of the schedule property to the
Purchaser.

THE VENDOR COVENANT THAT:

1. Not withstanding any acts, deeds or things hereto before done, execute
or suffered anything to the contrary, the Vendor has now lawfully
possessed of the schedule property free from all types of encumbrances
and having clear title to sell the schedule property to the Purchaser.

2. The Purchaser shall here afterwards and at all times peacefully and
quietly hold, own, possess and enjoy the schedule property without any
let of hindrance, interruption or disturbance whatsoever from or by the
Vendor or any person or persons claiming under or in trust for him.

3. The schedule property is free from lien, charge, agreements, court

attachment, litigations, minor claims, maintenance claims, acquisition
proceedings, mortgages, defect in title etc., and in future if any defect of
title arises, the Vendor will set right the same to the entire satisfaction of
the Purchaser and hereby indemnifies the Purchaser.

4. To save harmless and to indemnify the Purchaser from and against all
losses, damages, costs, charges, etc., which the Purchaser may incur,
sustain, legally compelled to pay in consequences of any claim put
forward by any person over the schedule property or in the event of
breach of covenants by the Vendor or for the reasons of any arrears of
taxes or any encumbrances or defect in title.
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5. The Vendor hereby gives his absolute consent to transfer the Khatha of
the schedule property in favour of the Purchaser subject to payment of
all future taxes by the Purchaser.
6. The Vendor hereby declare that neither he nor any persons claiming
under him shall not have any manner of right, title, claim, ownership
whatsoever over the schedule property from this day onwards and the
Purchaser can have, hold, enjoy, possess the same as absolute owner
thereof for ever.
7. The Vendor assures and covenants with the Purchaser that the
Purchaser shall be entitled to hold, possess, develop the schedule
property in any manner and the Purchaser can put up any construction
on the schedule property and the Purchaser shall be entitled to receive,
use and enjoy all the available resources like water and etc., and the
Purchaser can also enjoy the schedule property by alienating the same
by way of sale, gift, lease, mortgage etc.
8. The Vendor has also agreed to execute, cause to be done any other
documents if necessary in future as and when called by the Purchaser.
The Vendor has delivered the original/relevant documents pertaining to
the schedule property to the Purchaser.

SCHEDULE
All that piece and parcel of Property bearing Site No.220, Khatha No.186, New
Khatha No. 1558 Property No.85/1 situated at DODDAGUBBI Village,
Bidarahalli Hobli, Bangalore East Taluk and measuring East to West : 80 Feet
and North to South : 50 Feet and on the in all measuring 4000 Square Feet
together with all appurtenances whatsoever underneath or above the surface
and bounded on the:
East by : Site No.227
West by : Road,
North by : Site No. 221
South by : Site No.219.

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The present market value of the schedule property is Rs.64.00.000/- (Rupees
Sixty-Four lakh only)
IN WITNESS WHEREOF the Vendor and the Purchaser have affixed their
signature to this deed of absolute sale on the day, month and year first above
written.
WITNESSES:
1)

VENDOR

PURCHASER

2)