AGREEMENT FOR SALE

THIS AGREEMENT FOR SALE is made on the      th Day of March'2022

(two thousand twenty two)

BETWEEN

DEBKUMAR GHOSH (PAN No. AIEPG0349L) (Aadhaar No. 8879 5744 1426) s/o
late Tarapada Ghosh, by Faith Hindu, by Nationality -Indian, by occupation-
Business, residing at 16A, Akrur Dutta Lane, P.S. -Muchipara, Kolkata-700012,
herein after called and or referred to as VENDOR (which term or expression shall
unless otherwise excluded by or repugnant to the context be deemed to mean and
include his heirs, executors, executrix, legal representatives successors and
assigns) of the FIRST PART.

AND

1) DR. SATYA SMARAN ADHILKARY (PAN No. AFCPA5976J) (Aadhaar

No.
 (2)

(7453 1256 3797) s/o Late Bhagbat chandra adhilkary, by Faith Hindu, by
Nationality-Indian, by Occupation-Service, AND 2) SMT. SUJATA DAS nee
ADHIKARY (PAN No. AFSPD6300B) (Aadhaar No. 7529 5813 3934), wife of
Dr. Satya Smaran Adhikary, by Faith- Hindu, by Nationality- Indian, by
Occupation-Service, both as couple residing at 7/A,  Annada Neogi Lane, P.S.-
Shyampukur, Kolkata-700003 herein after referred, and /or called to as
PURCHASERS( which term or expression shall unless otherwise excluded by or
repugnant to the context be deemed to mean and exclude their heirs, executors,
legal representatives, successors and assigns) as the SECOND PART.

WHEREAS RAJLAKSHI NEOGI executed a registered will dated 21.05.2004

during her lifetime for her undivided ½ share for the three old tenanted
properties mentioned below where the above DEBKUMAR GHOSH AND
KARTICK CHANDRA DAS are jointly Executors cum Beneficiaries, each in
respect of 50 % (HALF PORTION) share out of the share of said
RAJLAKSHI NEOGI as per inter-alia terms & conditions of the aforesaid
registered will.

WHEREAS the said Debkumar Ghosh being executor no.2 cum Beneficiary along
with Kartick chandra Das of the last will of Rajlakshmi Neogi dated 21.05.2004
where the original probate case no. 3/2011 i.e OC-10/2012 in the city civil court,
Calcutta and likely to obtain from grant of  probate pending before the Hon'ble
high court in probate appeal no. FAT 473/2016 for her undivided 50% share of the
three 100 years old tenanted building holding no. 7/A, Annada Neogi Lane,
Kolkata-700003 and 7/D Ramkrishna Lane & 7/E Ramkrishna Lane, Kolkata-
700003.
AND WHEREAS premises No. 7/A, Annada Neogi Lane, Kolkata-700003 is fully
tenanted 100 years old building of an land area 1284 sq.ft and structure area 1080
sq.ft bearing two storyed building still standing therein.

AND WHEREAS premises No. 7/D, Ramkrishna Lane, Kolkata-700003, is fully

tenanted 100 years old building of area measuring about 700 sq.ft land with structure
bearing three storyed building.

AND WHEREAS premises No.7/E, Ramkrishna Lane is fully tenanted 100 years old
building of area about 700 sq.ft land with structure bearing three storyed building.
AND WHEREAS the said DEBKUMAR GHOSH being executor cum Beneficiary of
the said registered will, shall become undivided 25% share holder of the above
mentioned three properties after obtaining probate pending before the Hon'ble high

(3)

court, Calcutta being appeal no. FAT. 473/2016 arising out of original probate
application no.3/2011 i.e OC-10/2012 in the probate proceeding court, Calcutta.

The description of 25% undivided share of land with structure of the  above mentioned
three buildings is more fully described in the schedule hereunder written along with this
agreement.

AND WHEREAS the above mentioned three properties are fully tenanted and and
the VENDOR/EXECUTOR Debkumar GHosh having no room in possession
among any of the three buildings and due to dire necessity of finance and there is a
good marketable price, desire to sell the same for a good marketable price of Rupees
20,00,000/-(Twenty lakhs only) and the purchaser herein being in possession in
one building among the three buildings, has agreed to purchase the said undivided 25%
share if land with structure of the above mentioned three properties by making this
agreement for sale upon the terms and conditions as given in the schedule hereunder
below:

1. That the FIRST PART, DEBKUMAR GHOSH has agreed to transfer his
25% undivided share of land with structure of the three tenanted premises
(undivided 25% share of 7/A, Annada Neogi Lane, kolkata-700003, land
with structure, 25% undivided share of 7/D, Ramkrishna Lane, kolkata-
700003 land with structure, and undivided 25% share 7/, Ramkrishna Lane,
kolkata-700003, land with structure) which will be obtained by grant of
probate of the last registered will executed by Rajlakshmi Neogi dated
21.05.04 for her undivided 1/2 share of the above mentioned three
properties, pending before the Hon'ble high court, Calcutta vide appeal no.
FAT 473/2016 arising out of probate application no.03/2011 arising out of
OC 10/2012 in the city civil court, Calcutta wherein Debkumar GHosh is the
Executor no.2 of the last registered will pending for probate before the
Hon'ble high court and Where I, DEBKUMAR GHOSH, render whole
heartedly for grant of of probate of the said will by not giving any objection
in any manner

2. That the SECOND PART/ PURCHASER SATYA SMARAN ADHIKARY

and SUJATA ADHIKARY shall pay Rupees 20,00,000/-(Twenty lakhs only)
to the FIRST PART/ DEBKUMAR GHOSH through Bank Transfer as
consideration money on the date of registration for transfer of 25%
undivided share of properties of above mentioned three buildings which will
(4)

be obtained from grant of probate from Hon'ble high court or any other
probate proceeding court, Calcutta for the last registered will dated
21.05.2004 executed by Rajlakshmi Neogi where the FIRST PART,
DEBKUMAR GHOSH is Executor no.2 cum Beneficiary of the three
tenanted properties.

3. That the SECOND PART/PURCHASERS Satya Smaran Adhikary and

Sujata Adhilkary will give a sum of rupees 3,00,000/-(Three lakhs only) as
advance money for transfer of 25% undivided share of the FIRST PART/
DEBKUMAR GHOSH of the above mentioned three properties.

4. That the balance amount 17,00,000/-(seventeen lakhs only) would be

pyable on the date of registration of transfer of the said properties by
DEBKUMAR GHOSH within 45 days after obtaining the said probate order
from the Hon'ble high court or from any other probate proceeding court in
Calcutta, as the total consideration money for the said share of properties
of the three tenanted properties described in the schedule, is TWENTY
LAKHS ONLY..

5. That the FIRST PART/DEBKUMAR GHOSH will not take any

responsibility of the tenants/occupiers in the three buildings holding no.7/A,
Annada Neogi Lane, 7/D, Ramkrishna Lane, 7/E, Ramkrishna Lane(Two
buildings among the above mentioned three properties).

6.That it is mentioned that in above mentioned three tenanted premises,

the FIRST PART/ DEBKUMAR GHOSH shall not induct any tenant in any
of the three buildings, and/or did not make any agreement with any tenant
in any of the three premises and /or collect any rent and /or issue any rent
Bill to any of the single tenant for collecting any rent/rents for present
and /or arrear rent of the three buildings presently or in the past after
demise of the original landladies namely Rajlakshmi Neogi and Rama
Neogi.
7. That the FIRST PART/DEBKUMAR GHOSH shall allow SECOND PART
/ SATYA SMARAN ADHIKARY and SUJATA ADHIKARY and /or never
rise any objection and /or expunge his right to create objection in any
(5)

manner to repair/renovate/construction any manner whatsoever to build

rooms anywhere in above mentioned three properties.

8. That the FIRST PART/DEBKUMAR GHOSH will take all initiatives with
the SECOND PART/SATYA SMARAN ADHIKARY and SUJATA
ADHIKARY along with other Executor no.1/KARTICK CHANDRA DAS to
obtain probate from Hon'ble high court or any other probate proceeding
court, Calcutta by grant of pending probate appeal or by Fresh probate
application whichever will be required as per direction of court of law.

9. That the FIRST PART/DEBKUMAR GHOSH shall give his deposition

before the Hon’ble High Court and /or other probate proceeding court for
granting the said probate in connection with the said will and if it is required
to deposit joint evidence by the said joint executors for granting the said
probate, on that part the said DEBKUMAR GHOSH would not rise any
objection in grant of probate.

10. That the FIRST PART//DEBKUMAR GHOSH not entitled to file any type
of case/cases(civil/criminal) before any court of law for these three properties
above mentioned against the SECOND PART/SATYA SMARAN
ADHILKARY and SUJATA ADHIKARY, if filed all that cases will be vacated
without trial by the Learned judge/judges of any court.

11. That the FIRST PART/DEBKUMAR GHOSH render whole heartedly to co-
operate in all issues with the SECOND PART/SATYA SMARAN ADHIKARY
& SUJATA ADHIKARY to transfer the above mentioned property share of the
FIRST PART from the date of obtaining probate from Hon'ble high court or from
other probate proceeding court in Calcutta within 45 days.

12. That the above mentioned advance consideration money will be paid by Bank
transfer by SECOND PART/SATYA SMARAN ADHILKARY & SUJATA
ADHIKARY to the FIRST PART/DEBKUMAR GHOSH for the above
mentioned share of properties and the rest consideration money will be paid by
Bank transfer on the date of registration of sale deed by FIRST PART/

(6)

DEBKUMAR GHOSH in favour of the SECOND PART/SATYA SMARAN

ADHIKARY & SUJATA ADHIKARY within the stipulated time mentioned in
this sale agreement

This sale agreement is signed in presence of:

Witnesses at Kolkata

1. SIGNATURE OF FIRST PART

2.            SIGNATURE OF SECOND PART

 (7)

MEMO OF CONSIDERATION

NOW THIS INDENTURE WITNESSTH that in consideration of value

said sum of Rs. 20,00,000/-( Rupees Twenty Lakhs)only well and truly will
be paid by the THE SECOND PART TO THE FIRST PART as per memo
of Consideration written hereunder in favour of the SECOND PART during
execution and Registration of this agreement.

The SECOND PART will give three lakh rupees(Rs.3,00,000/-) to the First
Part as advance money among the total consideration money by
Draft/cheque on the date of registration of this agreement.The rest
seventeen lakh rupees(Rs. 17,00,000/-) of consideration money will be paid
on the date of registration of transfer of 25% share of the three undivided
properties of land with structure of the three premises morefully described
in the schedule of this agreement hereunder.

NAME OF BANK DRAFT NO. / DATENO. AMOUNT

CHEQUE NO
 (8)

SCHEDULE OF PROPERTY

wherein 25% share of landed property including 25% share of old two storied
and three storied building of the three premises as follows :
Land & Structure Area of Premises No. 7A :
Premises No. Land Area Share of Land area
7A Annada Neogi Lane, 1 Cottah 12 25% of 1284 sq.ft. =
Baghbazar, Police Station – chattak,14 321 sq.ft.
Shyampukur, Kolkata – 700 sq.ft.=1284
003

AND STRUCTURE AS FOLLOWS :

Two storied building area = 1600 sqftg.
Premises No. Total Structure of Share of structure of
2 storied building. two storyed building =
800 sqft.
7A Annada Neogi Lane, Ground Floor = 25% of 800 sqft. of
Baghbazar, Police Station 800 sqft. super Ground Floor = 200
– Shyampukur, Kolkata – built up area + 1st sqft.,
700 003 Floor 800 sqft. 25% of 800 sqft. of 1st
super built up Floor = 200 sqft.
area.Total area of Total = 400 sqft. super
2 storied building built up area.
= 1600 sqft. super
built up area
 (9)

Land & Structure Area of Premises No. 7D :

Premises No. Land Area Share of Land area
7D Ramkrishna Lane, 1 Cottah 4 25% of 900 = 225 sqft.
Baghbazar, Police Station- chattak =
Shyampukur, Kolkata – 700 900sqft.
003

AND STRUCTURE AS FOLLOWS :

Three Storied Building Area = 2100 sqft.
Premises No. Total Structure of Share of structure
3 storied building. 525 sqft.
7D, Ramkrishna Lane, Ground Floor = 25% of 700 sqft. of
Baghbazar, Police Station- 700 sqft. super Ground Floor = 175
Shyampukur, Kolkata – built up area + 1st sqft. + 25% of 700
700 003 Floor 700 sqft. sqft. of 1st Floor = 175
super built up sqft. +25% of 700 sqft.
area + 2nd Floor = of 2nd Floor = 175
700 sqft. sqft.
Total area of 3 Total = 525 sqft. super
storied building = built up area.
2100 sqft. super
built up area

7E Land & Structure Area :

Premises No. Land Area Share of Land area
7E, Ramkrishna Lane, 1 Cottah 4 25% of 900 = 225 sqft.
Baghbazar, Police Station- chattak =
Shyampukur, Kolkata – 700 900sqft.
003
 AND STRUCTURE AS FOLLOWS :
Three Storied Building Area about = 2100 Sqft.

(10)

Premises No. Total Structure of Share of structure \

3 storied building. 1050 sqft.
7E, Ramkrishna Lane, Ground Floor = 25% of 700 sqft. of
Baghbazar, Police Station- 700 sqft. super Ground Floor = 175
Shyampukur, Kolkata – built up area + 1st sqft. + 25% of 700
700 003 Floor 700 sqft. sqft. of 1st Floor = 175
super built up sqft. +25% of 700 sqft.
area + 2nd Floor = of 2nd Floor = 175
700 sqft. sqft.
Total area of 3 Total = 525 sqft. super
storied building = built up area.
2100 sqft. super
built up area

AND WHEREAS the total land area of the said 3 premises of 7A, 7D & 7E = 4
cottah. (1 K 12 Ch.14 sq. ft. + 1 K 4 Ch + 1 K 4 Ch = 4 Cottah 4 chatak &
14 sq.ft.= 3074Sqft.
AND WHEREAS the First Part has agreed to sell and the Purchasers/Second
Part jointly agreed to purchase ALL THAT piece and parcel of 25% share of
the Land & Structure Area of Premises No. 7A :

Premises No. Land Area Share of Land area

7A Annada Neogi Lane, 1 Cottah 8 25% of 1284 = 321
Baghbazar, Police Station – chattak = sqft.
Shyampukur, Kolkata – 700 1080sqft.
003
 AND STRUCTURE AS FOLLOWS :
Two storyed building area = 1600 sq. ft.

(11)

Premises No. Total Structure of Share of structure of

2 storied building. two storyed building =
400 sqft.
7A Annada Neogi Lane, Ground Floor = 25% of 800 sqft. of
Baghbazar, Police Station 800 sqft. super Ground Floor = 200
– Shyampukur, Kolkata – built up area + 1st sqft.,25% of 800 sqft.
700 003 Floor 800 sqft. of 1st Floor = 200 sqft.
super built up Total = 400 sqft. super
area. built up area.
Total area of 2
storied building =
1600 sqft. super
built up area

AND Land & Structure Area of Premises No. 7D :

Premises No. Land Area Share of Land area
7D Ramkrishna Lane, 1 Cottah 4 25% of 900 = 225 sqft.
Baghbazar, Police Station- chattak =
Shyampukur, Kolkata – 700 900sqft.
003

AND STRUCTURE AS FOLLOWS :

Three Storyed Building Area = 2100 sqft.

Premises No. Total Structure of Share of structure

3 storied building. 525 sqft.
7D, Ramkrishna Lane, Ground Floor = 25% of 700 sqft. of
Baghbazar, Police Station- 700 sqft. super Ground Floor = 175
Shyampukur, Kolkata – built up area + 1st sqft. +
700 003 Floor 700 sqft. 25% of 700 sqft. of 1st
 super built up Floor = 175 sqft. +
area + 2nd Floor = 25% of 700 sqft. of 2nd
700 sqft. Floor = 175 sqft.
Total area of 3 Total = 525 sqft. super
storied building = built up area.
2100 sqft. super
built up area

(12)

AND Land & Structure Area of Premises No. 7E.

Premises No. Land Area Share of Land area

7E, Ramkrishna Lane, 1 Cottah 4 25% of 900 = 225 sqft.
Baghbazar, Police Station- chattak =
Shyampukur, Kolkata – 700 900sqft.
003

AND STRUCTURE AS FOLLOWS :

Three Storyed Building Area about = 2100 Sqft.
Premises No. Total Structure of Share of structure
3 storied building. area.
7E, Ramkrishna Lane, Ground Floor = 25% of 700 sqft. of
Baghbazar, Police Station- 700 sqft. super Ground Floor = 175
Shyampukur, Kolkata – built up area + 1st sqft. + 25% of 700
700 003 Floor 700 sqft. sqft. of 1st Floor = 175
super built up sqft. +
area + 2nd Floor = 25% of 700 sqft. of 2nd
700 sqft. Floor = 175 sqft.
Total area of 3 Total = 525 sqft. super
storied building = built up area.
2100 sqft. super
built up area

THE FIRST SCHEDULE ABOVE REFERRED TO :

Entire Land & Building Property.
ALL THAT piece and parcel of undivided 25% share of land area
about 720 sqft. out of the entire land measuring 4( Four ) kattahs 4
chattak 14 sq.ft= 3074 Sqft. along with 25% share of two storied
building area about 800 sqft. super built up area out of 1600 sqft.
of two storied building about 400 sq. ft. along with 25% share of
(13)

two three storied building area about 525 sqft. super built up area
out of 2100 sqft. of three storied super built up area respectively
standing thereupon, lying and situated at Premises No. 7A
Annada Neogi Lane, Baghbazar, P.S. Shyampukur, Kolkata –
700 003 under Kolkata Municipal Corporation, Ward No. 7,
where in two storied building and Premises No. 7D, Ramkrishna
Lane, Baghbazar, P.S. Shyampukur, Kolkata – 700 003 under
Kolkata Municipal Corporation, Ward No. 7, and where in
another three storied building Premises No. 7E, Ramkrishna
Lane, Baghbazar, P.S. Shyampukur, Kolkata – 700 003 under
Kolkata Municipal Corporation, Ward No. 7, standing thereupon
about 525 sqft. super built up area out of 2100 sqft., are the sold
property of 25% share of entire land & building property of it which
is clearly delineated with RED border line in the Sketch Map or
Plan and it is annexed hereto:-
The said property is butted and bounded as follows :
1) Premises No. 7A :
ON THE NORTH : House of Shibnath Neogi
ON THE SOUTH : 10 ft.wide Annada Neogi Lane
ON THE EAST : 10ft wide Ramkrishna Lane
ON THE WEST : 7A/1,Premises,House of Pijush Kanti
Chowdhury

(14)

2) Premises No. 7D :
ON THE NORTH : 7E, Ramkrishna Lane Premises
ON THE SOUTH : 7C, Ramkrishna Lane Premises
ON THE EAST : 10 ft. Wide Ramkrishna Lane
ON THE WEST : House of Makhanlal Sarkar.
2) Premises No. 7E :
ON THE NORTH : 10 ft. Wide Durga Charan Mukherjee
Street
ON THE SOUTH : 7D Ramkrishna Lane Premises
ON THE EAST : 10 Wide Ramkrishna Lane
ON THE WEST : House of Makhanlal Sarkar.

THE SECOND SCHEDULE ABOVE REFERRED TO :

Sold Property : 25% Share of Land with Structure
ALL THAT piece and parcel of undivided 25% share of land area
about 720 sq. ft. out of the entire land measuring 4( Four ) kattahs
4 chattak 14 sq. ft.= 3074 Sqft. along with 25% share of two storied
building area about 800 sqft. super built up area out of 1600 sqft.
of two storied building about 400 sq. ft. along with 25% share of
three storied building area about 525 sqft. super built up area out
of 2100 sqft. of three storied super built up area respectively
standing thereupon, lying and situated at Premises No. 7A
Annada Neogi Lane, Baghbazar, P.S. Shyampukur, Kolkata –
(15)

700 003 under Kolkata Municipal Corporation, Ward No. 7,

where in two storied building and Premises No. 7D, Ramkrishna
Lane, Baghbazar, P.S. Shyampukur, Kolkata – 700 003 under
Kolkata Municipal Corporation, Ward No. 7, and where in
another three storied building Premises No. 7E, Ramkrishna
Lane, Baghbazar, P.S. Shyampukur, Kolkata – 700 003 under
Kolkata Municipal Corporation, Ward No. 7, standing thereupon
about 525 sqft. super built up area out of 2100 sqft., the sold
property of 25% share of entire land & building property of it which
is clearly delineated with RED border line in the Sketch Map or
Plan and it is annexed hereto:-
Description of the said sold property of the vendor/First Prt :
Premises Assessee No. Land Structural Structure of
No. Area Area of 2 3 storied
storied building sqft.
building (Ground+1st +
sqft. 2nd)
(ground+1st)
7A Annada 110070400236 25% of Gr. Floor= Nil
Neogi Lane 1K. 25% of
8Ch. = 800= 200
 270 sqft., +
sqft. 1st floor =
25% of 800
sqft. = 200
Sqft.
Total area =
400 sqft.
super built
up area.
7D 110073200374 25% of Gr. Floor =
Ramkrishn 1K. 25% of 700
a Lane 4Ch. = Sqft. = 175
225 sqft.,
sqft. 1st Floor =
25% of 700
sqft. = 175
Sqft.
2nd Floor =
25% of 700
sqft.=175 Sq
ft Total Area
525sqft.supe
r built up
area.

7E 110073200386 25% of Gr. Floor =

Ramkrishn 1K. 25% of 700
a Lane 4Ch. = Sqft. =175
225 Sqff.
sqft. 1st Floor =
25% of 700
sqft. = 175
Sqft.
2nd Floor =
25% of 700
sqft. = 175
Sqft.
Total Area =
525 sqft.
 super built
up area.

And whereas the said vendor/First Part has paid the all tax or taxes
and or rent or rents to the local authority being as owner for the
said sold property (land with structure) mentioned above.