Deed in Respect of Leasehold Land in Marathi

THIS INDENTURE made at .......... the   .................... day of  ................. 19 ...........  between ABC & CO. 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 XYZ & 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 c, 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 thereto shown surrounded by red-coloured boundary line (whereof the land more particularly described in the First Schedule hereinunder 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 consisting of         .........................   flats 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 by measurement as provided therein.

AND WHEREAS pursuant to clause 2(9) of the said Agreeent to, sale, a sum of Rs                   . ..........................  became payable by the purchaser to the vendors pon the execution thereof while the balance of the price calculated as aforesaid is payable to the vendors by the purchaser by instalment. in the manner set out in the Third Schedule thereunder 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 he 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       ......................

Rs . .............................   on the      ..............  day of       ......................

AND WHEREAS the said six buildings have at the date hereof been Instructed by the vendors upto 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.