DEED OF RATIFICATION

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DEED OF RATIFICATION

            This DEED OF RATIFICATION executed at Chennai this the        day of

2003 by

Hereinafter called and referred to as the PARTY OF THE FIRST PART

AND

Hereinafter called and referred to as the PARTY OF THE SECOND PART, the terms Party of the First and the Party of the Second Part shall mean and include all their respective heirs, executors, administrators, legal representative, etc., wherever the context so means and includes and assigns

WHEREAS by virtue of Sale Deed dated                       and registered as Document No.    of                   in the office of the Sub Registrar,                             executed by                         in respect of the schedule mentioned property in which the Party of the First Part figures as Purchaser in the above sale Deed.

WHEREAS the Party of the First Part has later realized after due verification that                                                 the Vendors under the above said Sale Deed had themselves not possessed of any title and did not have any enjoyment and possession in respect of Schedule mentioned property and in turn the Party of the First Part has got no right, title and interest over the Schedule mentioned property even though the said Sale Deed was executed in her favour and soothe Party of the First Part has not derive any title to the Schedule mentioned property.

WHERES the Party of the Second Part has purchased the Schedule mentioned property from the Original/lawful titleholder                            by virtue of sale deed dated           and registered as Document No.       of                  in the office of the             sub Registrar ,.

WHEREAS after mutual discussions the Party of the First Part has agreed to ratify the Sale Deed dated                       in the Office of the  Sub Registrar of                           in favour of the Party of the Second Part.

WHEREAS IN VIEW OF THE ABOVE

NOW THIS DEED OF RATIFICATION OF SALE DEED WITNESSETH that in pursuance of the above the Party of the First Part hereby ratifies and accepts the title and possession of the Schedule mentioned property, which has been purchased by virtue of the Sale Deed dated                               and registered as Document No.       of                 in the Office of the sub Registrar of I, Chennai south in favour of the Party of the Second Part and affirms the facts as correct as stated in the sale Deed dated 9.2.1988 and registered as Document No. 439 of 1998 in the office of the Joint Sub Registrar I ,chennai south in favour of the Party of the Second Part.

The Party of the first Part has not received any consideration to execute this Ratification Deed.

SCHEDULE OF PRPERTY

In Witness where the Party of the First Part has hereto set her respective hands on the day month and year first above written n the presence of

Witnesses.                                                                         Party of the First Part

                                                                                        Party of the Second Part