RELEASE DEED

This DEED OF RELEASE made and executed on this 30 th day of January 2010 (30.01.2010), at Bangalore City.

Between:-

Visual

pere

Smt. VISHALA IYER,

Aged about 81 years, W/o. Sri. D.L.N. Iyer,

Residing at No.531,

"Devadarshi", Garuthman park, Bangalore560 004,

East End Road, Basavanagudi,

Hereinafter called the "RELEASOR" of the One Part

AND

M/s. AUM ASSOCIATES,

A partnership concern and having its office at

Shed No.D-79, Industrial Estate, Veerasandra, Hosur Road,

Bangalore,

represented by its partner :

Sri. G. PARTHASARATHY RAJU,

s/o. Late N. Gopal Raju,

aged about 40 years,

residing at No.194,

1st Cross, 39th Main,

BTM Layout II Stage,

Bangalore 560 068,

I WANT

Hereinafter called the "RELEASEE" of the Other Part.

Vishalay

ARN

This document sheet has been printed in accordance with the Karnataka Government Order No. K.E. 152 of 2003 dated 09-05-2003.

D

Government of Karnataka

Document Sheet

Registration and Stamps Department

: . 2/-

B.N.G.(U) A.T.B. S.L. NO

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Total stamp duty paid is Rs.

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Case The terms Releasor and Releasee shall mean and include their respective heirs, legal representatives, administrators, executors, successors, assignees etc., wherever the context so admits and requires.

stra

WHEREAS the property bearing Shed No.D-79, situated at Industrial Area, Veerasandra, Hosur Road, Bangalore, East to West : 9.12 Mtrs. And North to South: 20.73 Mtrs., in total 189.05 square Mtrs., including front and side open space comprising of an Industrial factory sheď standing thereon and measuring 93.20 sq. mtrs., which is more fully described in the schedule hereunder and hereinafter referred to as the "Schedule Property".

the

WHEREAS the Releasor and Releasee are the Partners of the M/s. Aum Associates. The Schedule Property was allotted by the Karnataka State Small Industries Development Corporation Limited, represented by its Chief Manager (IES) Zone I Shri. S.G. Sethuraman, to M/s. Aum Associates represented by the Releasor and the Releasee, and executed a registered Sale Deed, vide document No.27515/2004-05, of Book I, stored in C.D. No........ dated: 15.03.2003, in the office of the Sub-registrar, Anekal, Bangalore.

WHEREAS, the Releasor and Release named above, having so derived absolute right, title and interest in the Schedule Property also acquired marketable title to the same by virtue of the said Sale Deed and eversince, the Releasor and Releasee have been in peaceful possession and enjoyment of the Schedule Property as the Partners of the Firm by paying the taxes thereof to the concerned authorities.

WHEREAS the Releasor and Releasee herein have got equal undivided share each in the above said property and whereas now the Releasor herein has decided to release her undivided share in the property in favour of Releasee herein, by receiving a consideration amount of Rs.2,00,000/- (Rupees Two Lakhs only) and whereas the Release has agreed to get the share of the Releasör released in his favour and Page 2 of 5

Vishala Iya 

whereas the terms of the release have already been finalized, and hence this Deed of Release is executed by the Releasor in favour of the Releasee herein.

AND NOW THIS RELEASE DEED WITNESSETH AS FOLLOWS:

has

(1) The Releasor hereby releases her equal undivided share in the above said property, which is morefully described in the schedule hereunder and hereinafter referred to as the Schedule Property in favour of the Releasee herein by receiving a consideration amount of Rs.2,00,000/- (Rupees Two Lakhs only) by cash and acknowledges the receipt of the same and simultaneously the Releasee hereby gets the property released in his favour.

for

(2) The Releasor has this day put the Releasee in possession of his respective share of the Property.

(3) The Documents of title pertaining to the property is already in possession of the Releasee herein.

The Releasor hereby declares that his share in the Property is not encumbered in favour of any one in any manner. (4)

(5) The Releasor further assures that her share in the Property is not subject to any attachment, charge or decree, either of Civil or Criminal Court or of any other authority.

(6) The Releasor hereby declares that hereafterwards, neither she nor any one, claiming through her shall get any kind of right, title, share or interest, whatsoever over the Schedule Property.

List yes Type
This document sheet has been printed in accordance with the Karnataka Government Order No. K.E. 152 of 2003 dated 09-05-2003.

Government of Karnataka

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Price: Rs. 2/-

2584/910

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(7

) The Releasee shall be at liberty to get the Katha and other documents pertaining to the Schedule Property changed in his name and pay the tax and other charges payable thereon henceforth.

( 8)

In future, the Releasee will maintain the Schedule Property, pay taxes and other charges as applicable from time to time. The Releasor is not liable for any payment or liquidated damages arising out of non-payment of taxes or charges in future.

God of the Jinn

(9) The Release shall have absolute right to put further construction over the schedule Property. The Releasee covenants not to make the Releasor liable for any damages whatsoever for any defect in building more fully described in schedule or any further defect arising during further construction of the schedule property.

(10) The Releasee shall be at full liberty to avail the loan or raise funds from any person, individual, Bank or society by creating Deposit of Title Deeds or Mortgage of the Schedule Property on behalf of the Firm.

(11) The Releasee also gets full right to transfer the schedule property by way of Sale, Mortgage, Lease, Gift, etc., to any person as he likes as his own property.

(12) The Releasee shall do all and any acts riecessary for further and more perfectly conveying and assuring the schedule property and every part thereof in the manner aforesaid according to the true intent and meaning of this Deed.

SCHEDULE PROPERTY

All that piece and parcel of the property bearing Shed No.D-79, situated at Industrial Estate, Veerasandra, Hosur Road, Bangalore standing on a Plot of land measuring 20.73 Mtrs. North to South and 9.12 Mtrs.,

Vishala Jyip


Combineg-This document sheet is issued by the Government of Karnataka vide Order No. 152 dated 2003.

Printed as of date 09-05-2003.

g

Government of Karnataka

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Registration and Stamps Department

Registration and Stamps Department

१०७५

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10

B.N.G.(U) A.T.B. S.L. No.

Do not attach this sheet to any document.

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X

East to West in all measuring 189.05 square Mtrs., including front and side open space comprising of an Industrial factory shed standing thereon and measuring 93.20 sq. mtrs., and a block of Latrine and Urinals and open space bounded on:

North by : KSSIDC Land

East by

Shed No.D-80

South by 4th Cross Road

West by

Service Road

And the factory building being constructed in first class construction with Cement Mortar and a portion measuring 12.00 sq. Mtrs., having R.C.C. roofing and a portion measuring 81.20 sq. Mtrs. Having Asbestos sheet roofing supported on M.S. angle fabricated Channel fittings and Cement Mortar Flooring. The shed is fitted with two rolling shutters in front and rear portion respectively with M.S. Angle fabricated and Glass fitted windows and ventilators.

IN WITNESS WHEREOF the Releasor and Release have hereunto affixed their signature to this deed of Release on the day, month and year first above written in presence of witnesses.

WITNESSES:

1.

DILEEP K. NALA.

#37 3 Bred main

Coconert Gard. e Arekere B.G. Road.

Blove -76

2.

D/83. Vecaralandre Indl Estale."""

Veeratantra. Electronic City Post Hosur Road. B.love 100.

Vishda T. RELEASOR

RELEASEE

Drafted Ay

Page 5 of 5

(Soumashaller N) Avocente
From above Details take related points to futher sale deed