GIFT DEED

THIS DEED OF GIFT is made on this _____ day of _____________, 2017, at

Mumbai, BETWEEN

Vithal V. KAMAT, age about 81 years, Indian Inhabitant of Mumbai,

residing at Flat No. 001, Ground Floor, Building No. B-4, Satellite Classic

CHSL., Caves Road, Jogeshwari (East), Mumbai 400060, hereinafter called

and referred to as "THE DONOR" (which expression shall mean and include

his heirs, executors, administrators and assigns) of the ONE PART;

AND

DR. (MRS) JAYANTI MANMOHAN KAMAT, age about 47 years, Indian

Inhabitant, at present residing at Flat No. 001, Ground Floor, Building No.

B-3, Satellite Classic CHSL., Caves Road, Jogeshwari (East), Mumbai

400060, hereinafter called and referred to as "THE DONEE" (which

expression shall mean and include her heirs, executors, administrators and

assigns) of the OTHER PART;

AND WHEREAS by an Agreement for Sale dated 16th January 2001, made

and entered between BPM Industries LTD., (therein referred to as the

Developer) of the One Part and Mr. Vithal V. KAMAT, (therein referred to as

the Purchaser of Other Part and the said Agreement for Sale dated

16/01/2001 is duly stamped and registered with the Office of Sub-Registrar

of Assurances of Andher, M.S.D. under Registration No. PBBJ - 236 / 2001

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on dated 17/01/2001 in respect of Flat No. 001, on the Ground Floor, area

admeasuring 38.57 Sq. Mtrs. Carpet in the Building No. B-4, in Satellite

Classic, situated on the land bearing CTS No. 261 & 263 of Village

Bandivali, Taluka Andheri, District Mumbai Suburban District and located

at Caves Road, Jogeshwari (East), Mumbai-400060, for the consideration

mentioned therein, hereinafter referred to as "THE SAID FLAT (more

particularly described in the SCHEDULE hereunder written).

AND WHEREAS, the MR. VITHAL V. KAMAT, is became the absolute owner

of the said Flat. MR. VITHAL V. KAMAT is the Doner herein and DR. (MRS).

JAYANTI MANMOHAN KAMAT is the Donee herein.

AND WHEREAS the Donor is holding all Rights, Title, interest and claim in

respect of the said Flat. AND WHEREAS the Donor herein is the Member

and share holder of the Satellite Classic Co-operative Housing Society Ltd.,

(the Said Society) and holding 5 Shares of Rs.50/- each bearing Share

Certificate No. 097, under Distinctive Nos. 0481 to 0485 (both inclusive)

hereinafter referred to as the 'SAID SHARES' and paying the maintenance

charges in respect of the said Flat to the said Society.

AND WHEREAS Donee herein, who is the daughter of the Donor and having

love and affection towards each other.

AND WHEREAS Donor has great love and affection towards the Donee, the

Donor has freely and willingly desire to transfer his all Shares, rights, title

and interest in the said Flat to the Donee by way of Gift without any

monetary consideration and by way of love and affection, which the Donee
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is ready to accept and the Donor and Donee herein have decided to reduce

the terms and conditions of this Deed of Gift in writing as under:

NOW THIS GIFT DEED WITNESSETH AS UNDER:

1. That the Donor do hereby give his Shares, rights, title and interest in

respect of said Flat No. 001, on the Ground Floor, area admeasuring 38.57

Sq. Mtrs. Carpet in the Building No. B-4, in Satellite Classic CHSL., Caves

Road, Jogeshwari (East), Mumbai -400060 by way of GIFT to the Donee

herein and absolutely assign, transfer along with all rights, shares,

appurtenant thereto, without any monetary consideration in favour of and

unto the Donee and the Donee hold and possess the same as absolute

owner in all respects. The possession Share, rights, title and interest in

respect of the said Flat will be handed over to the Donee and the same will

be accepted by the Donee.

2. It is agreed by and between the parties that, the Donee shall be

entitled to use and occupy the said Flat as owner forever without any let,

hindrance, denial, demands, interruption or eviction or objection from the

Donor or any person claiming lawfully or equitably under or in trust for the

Donor from the date of execution hereof.

3. That the Donor has desire, decide and agree to transfer the said Flat

to the Donee herein together with all documents/papers thereof. Henceforth,

the Donee shall be the absolute owner of the said Flat and said Shares along

with and She, Donee shall be at full liberty /power to deal with or dispose

of the said Flat to any one as She may like being member of the Said Society

as per the provisions of the Maharashtra Co-operative Societies Act, 1960

and rules made there under.

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4. The Donor hereby declares that he has full right and authority to

transfer, assign and convey his all shares, rights, title and interest together

with membership and/or occupancy rights in respect of the said Flat to the

Donee and he has neither created any charges, claim, lien or encumbrances

on or upon or against his share in respect said Flat nor mortgaged the same

to anybody whomsoever and the Donor shall indemnify that the Donee and

the said Society to remove, defend all such claims, objections,

encumbrances, whatsoever at her own cot and shall not allow the Donees

and the Society to suffer on this account.

5. That the Donor has desire, decide and declare to relinquish

/release/waive all his Share, right, title, interest and claim of whatsoever

nature over the said Flat in favour of the Donee herein with an undertaking

that neither he himself nor any of the heirs, representatives, legal heirs,

nominees shall claim over the Share in respect said Flat directly or

indirectly in person or representative from the Donee herein in future.

6. That the Donor doth hereby for himself, his heirs, executors,

administrators covenant with the said Donee that notwithstanding any act,

deed, matter or things of whatsoever by the Donor or by any person or

persons lawfully or equitably claiming by, from, through, under or in trust

for his made done, committed, omitted or knowingly or willingly suffered to

the contrary he, the Donor now within in himself good right, full power and

absolute authority to grant, convey and assure his all Share in respect said

Flat hereby agreed to gift, assign, transfer, grant, conveye or assure or

intend to do so to be unto and to the use of the said Donee in the manner

aforesaid.
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7. That the Donor has NO OBJECTION of whatsoever for transfer of his

right, title, interest and share in respect the said Flat /Share Certificate

along with the necessary papers and other documents, for transfer of

necessary records of the said Flat to or in the name of Donee by the

concerned/competent authorities. The Donor further declares that he will

obtaine the No Objection and consent from the legal heirs and legal

representatives of the Donor for transferring his Share in respect of the said

Flat, its Share Certificate, Society Membership, etc. in the name of the

Donee.

8. The Donor doth hereby covenant with the Donee that the Donor has

not done, omitted or knowingly or willingly suffered or been party or privy to

any act, deed or thing whereby he is prevented from granting and conveying

his Share in respect of the said Flat in the manner aforesaid or whereby the

same or any part thereof can or may be charged, encumbered or

prejudicially affected in estate, title or interest or otherwise howsoever.

9. The Donor hereby declares that he has paid his outgoings amount by

way of Municipal Taxes, property taxes, maintenance charges and other

dues whatsoever, till the date of execution of these presents.

10. Henceforth the Donee shall be liable to pay regularly every month all

the amount payable to the said Society in respect of the said Flat such as

maintenance charges, Electricity charges, water charges, sinking fund, such

other charges, decided by the Society for running of the Society from time to

time, etc. and as and when the same become due and payable from the date

of possession of the said Flat.

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11. The Donor hereby agrees and undertake to make an application to the

said Society and submit necessary papers for transfer of his membership

rights in respect of the above said Flat, Share Certificates in the name of the

Donee and also for the transfer of all deposits amounts, contributed and

lying with the said Society and Sinking Funds, etc. to the name of the

Donor. The Donor further agrees and undertakes to co-operate with the

Donee in signing papers and documents for effectively transferring his

membership and/or occupancy right and interest in respect of the said Flat

in the name of the Donee.

12. The Donee hereby agrees and undertakes to make an application on

prescribed form to the said Society for becoming member of the Society and

for transfer of membership rights in respect of the above said Flat, Share

Certificate, Deposits amount lying with the said Society and Sinking Funds,

etc. in her name in the records of the said Society on execution of these

presents.

13. The Donor hereby undertakes to keep the Donee and the said Society

harmless and indemnified against all claims, demands of whatsoever nature

in respect of the transfer of the said Share Certificate and his Share, rights,

title and interest in respect of the said Flat.

14. The Donee henceforth shall be entitled to use, occupy, transfer, etc. in

respect of Share of the said Flat as per her wishes and the Donor or his

any of the family members shall not create any hindrance for transferring

his Share in respect of the said Flat.

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15. That the all share, rights, title and interest of the Donor herein in

respect of said Flat will be gifted, assigned and transferred by way of Gift,

without any monetary consideration, however, required Stamp Duty has

been paid on this Gift Deed.

16. Indenture of this Gift Deed has been fully understood by the parties in

all respects and the parties have put their hands in the presence of

witnesses. The Donee have put her hand accepting the Gift of the all share,

rights, title and interest in respect of the said Flat from Donor and has

agreed to take over possession of the same.

SCHEDULE ABOVE REFERRED TO

All shares, rights, title, interest and claim of the said Flat No. 001 on the
Ground Floor area admeasuring 38.57 Sq. Mtrs. Carpet in the Building
No. B-4, Satellite Classic Co-operative Housing Society Ltd., Caves
Road, Jogeshwari (East), Mumbai 400060 and situated on land
bearing CTS No. 261 & 263 of Village Bandivali, Taluka Andheri,
Mumbai Suburban District and Share Certificate No. 097 and
Distinctive Numbers 0481 to 0485. The said Building was
constructed in the year 2001.

IN WITNESS WHEREOF the parties hereto have hereunto set and

subscribed their respective hands/signature on the day, month and year

first hereinabove written.

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SIGNED AND DELIVERED BY the ]

Within named "THE DONOR": ]
MR. VITHAL V. KAMAT ]
In the presence of ]

1.________________________ ]

Name : ________________________________________ ]

2.________________________ ]

Name : ________________________________________ ]

SIGNED AND DELIVERED by the ]

Within named THE DONEE : ]
DR. (MRS) JAYANTI MANMOHAN KAMAT ]
In the presence of.......................... ]

1.________________________ ]

Name : ________________________________________ ]

2.________________________ ]

Name : ________________________________________ ]