ch_89
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Transcript of ch_89
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8/10/2019 ch_89
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Deed of Cancellation
THIS DEED OF CANCELLATION made at ________ this________ day of ___________ in the Christian Year Two Thousand ________ BETWEEN A B C of
Mumbai, Indian Inhabitant, having address at __________________________________________________________, hereinafterca ed THE VENDOR !Which e"#ression sha un ess re#ugnant to the conte"t ormeaning thereof be deemed to inc ude his heirs, e"ecutors and administrators$ of the%ne &art' (N) M*+ X Y Z CO !" a #artnershi# firm having its office at
________________________ ____________________________________________________________hereinafter ca ed THE #$RCHASER !Which e"#ression sha un ess re#ugnant tothe conte"t or meaning thereof mean and inc ude the said firm, its #artners for thetime being and the survivors or survivor of them and the heirs, e"ecutors andadministrators of the ast surviving #artner and their his*her assigns$ of the %ther&art'
%HEREAS&'
!a$ The -endor is sei.ed and #ossessed of and otherwise we and sufficient yentit ed to a that #iece and #arce of and hereditaments and #remisessituate at ___________________
___________________________________________________bearingC T + *C + No __________ together with bui ding thereon /nown asAAVISH(AR and more #articu ar y described in the Sc)ed*le hereunderwritten !hereinafter referred to as the +aid ,-o,e-t. $
!b$ By an (greement for +a e dated ______________, the -endor had agreedto se and the &urchaser had agreed to #urchase the said #ro#erty at or forthe #rice of 0s _____________ !0u#ees
_____________________________ on y$ u#on the terms and sub1ect to
the conditions recorded therein!c$ The &urchaser has #aid to the -endor a sum of 0s ________*2 !0u#ees
_________________________ on y$ as earnest money under the aforesaid(greement towards #urchase #rice The said agreement is du y stam#edand registered with The +ub20egistrar of (ssurances at __________ on
_______________ under seria number ______________ ( co#y of thesaid agreement is Anne/t*-e A hereto
!d$ The #arties have now mutua y decided to cance the said (greement for+a e dated _________ 3ence, the #resent )eed of Cance ation
N%W T3I+ )EE) WITNE++ET3 as fo ows42
5 It is agreed, recorded and dec ared that the said registered (greement for+a e dated ____________ e"ecuted between the #arties for sa e of the said#ro#erty more #articu ar y described in the +chedu e hereunder written i+)e-e0. 1*t*all. cancelled and t-eated a+ n*ll and 2oid andineffecti2e!
3! In consideration of the aforesaid cance ation of the said (greement for sa edated _________, the -endor has agreed to #ay and #aid the fo owingamounts to the &urchaser42
!a$ 0s ________*2 !0u#ees _____________________ on y$ by way of
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refund of the earnest amount' and
!b$ 0s ________*2 !0u#ees _____________________ on y$ by way of com#ensation
The -endor has #aid the aforesaid amount to the &urchaser on or beforee"ecution hereof and the &urchaser doth hereby admit, ac/now edge and
confirm the recei#t of the said amount and give com# ete discharge to the-endor for the same
6 T)e #*-c)a+e- )e-e0. confi-1+ and decla-e+ t)at they have notdirect y or indirect y created any third #arty rights in res#ect of the said#ro#erty or any #art thereof and agree to /ee# the -endor indemnified andthey hereby indemnify the -endor and his heirs, e"ecutors, administratorsand assigns against any c aim in res#ect of the said #ro#erty arising out of any act or deed on the #art of the &urchaser
7 It is hereby dec ared that the &urchaser has hereafter no direct and*orindirect right, tit e, interest and*or c aim of any nature whatsoever on thesaid #ro#erty or against the -endor
8 ( out of #oc/et costs, charges and e"#enses inc uding the stam# duty andregistration charges of and incidenta to this deed sha be borne and #aidby the -endor*&urchaser !as the case may be$ The &urchaser sha co2o#erate with the -endor to have the #resent deed registered as re9uired in
aw and to attend before the +ub20egistrar to admit the e"ecution of this)eed
: The recita s referred above sha form the integra #art of this agreement
IN WITNE++ W3E0E%; the #arties hereto have e"ecuted these #resents on theday and year first hereinabove written
THE SCHED$LE ABVOE REFERRED TO&
!)escri#tion of the said #ro#erty$
+I