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 the file of the Sub Registrar, registered as Document No. Of on

, 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 couldnt acted upon or otherwise gave effect to in as much as the FIRST PART did not and further couldnt 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 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. which is acknowledged by the SECOND PART herein

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 Registrars office, registered as Document No. on the file of Sub 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