DEED OF FAMILY ARRANGEMENT is made and entered into at _________

on this
_________ day of ______ 2022 BETWEEN (1) Mrs. Prachi ___ Indian
inhabitant residing at ...... hereinafter referred to as the Party of the First Part
(2) Mrs. Swati ____ Indian inhabitant residing at ..... hereinafter referred to as
the Party of the Second Part (3) Mrs. Vaishali ____ Indian inhabitant residing
at ..... hereinafter referred to as the Party of the Third Part (4) Mrs. Priti ____
Indian inhabitant residing at ..... hereinafter referred to as the Party of the
Fourth Part and (5) Mr. Venkatesh Mhatre Indian inhabitant residing at ......
hereinafter referred to as the Party of the Fifth Part.

The expression ‘Party’ shall, unless it be repugnant to the context or meaning

thereof be deemed to mean and include their respective legal heirs, executors
and administrators.

WHEREAS

a. The parties hereto are members of one family and children of late Mr
Ramchandra Dattatraya Mhatre.

b. The said late Mr Ramchandra Dattatraya Mhatre passed away on _____

leaving behind his last Will and testament dated 12 March 2015 made
in Thane.

c. Vide the said Will late Mr Ramchandra Dattatraya Mhatre has

allocated/bequeathed various immovable and moveable properties as
described in Schedule A and Schedule B respectively hereto, to the
parties.

d. The Will having been made in Thane legally does not require to be
probated, and since neither of the parties intend to challenge the Will,
the parties have mutually decided to not seek probate of the will.

e. Given that the parties have decided mutually to not seek probate of the
will, however, to avoid future disputes and misunderstanding between
the parties hereto, the parties have decided, at the advice of an
Attorney, to record by this memorandum the manner and the details of
the family arrangement or settlement recorded by this memorandum
and which was actually effected by the Will dated 12 March 2015 of
late Mr Ramchandra Dattatraya Mhatre.

f. It is agreed and declared that the properties of various types described

in the schedule A hereto, are the only properties belonging to and
 constituting the properties of the late Mr Ramchandra Dattatraya
Mhatre and there are no other properties of any kind whatsoever and if
any property is hereafter found to be standing in the name of late Mr
Ramchandra Dattatraya Mhatre, in the government or any other
official record, the same shall be deemed to be have been distributed to
the parties/ legal heirs of late Mr Ramchandra Dattatraya Mhatre as
the per Hindu Succession Act and the parties hereto will not make any
claim, otherwise, thereto.

Now this memorandum of family arrangement witnesses and it is here by

declared, confirmed, agreed and recorded, by each of the parties hereto as
follows:

1. That the immovable property described at Serial Number 1 of Schedule

A hereto shall hereby stand equally between all the grandchildren of
late Mr Ramchandra Dattatraya Mhatre i.e. the present children of the
parties hereto.

2. That the immovable property described at Serial Number 2 of Schedule

A hereto shall hereby absolutely and exclusively vest in, along with all
other rights and benefits attached thereto, and shall belong to the party
of the first part i.e. Mrs Prachi ___. None of the other parties shall have
any right, title and/or interest of whatsoever nature in the said
property.

3. That the immovable property described at Serial Number 3 of Schedule

A hereto shall hereby absolutely and exclusively vest in, along with all
other rights and benefits attached thereto including any
house/construction thereon, and shall belong to the party of the fifth
part i.e. Mr Venkatesh Mhatre. None of the other parties shall have any
right, title and/or interest of whatsoever nature in the said property.

4. That the immovable property described at Serial Number 4 of Schedule

A hereto along with all other rights and benefits attached thereto
including any house/construction thereon, shall be sold and the
compensation received in lieu of such sale of the property, shall be
divided equally between the properties parties hereto. Thereafter, none
of the parties hereto shall have/ claim any right, title and/or interest of
whatsoever nature in the said property.

5. That the immovable property described at Serial Number 5 of Schedule

A hereto shall hereby absolutely and exclusively vest in, along with all
other rights and benefits attached thereto, and shall belong to the party
 of the third part i.e. Mrs Vaishali ___. None of the other parties shall
have any right, title and/or interest of whatsoever nature in the said
property.

6. That the immovable property described at Serial Number 6 of Schedule

A hereto shall hereby absolutely and exclusively vest in, along with all
other rights and benefits attached thereto, and shall belong to the party
of the fifth part i.e. Mr Venkatesh Mhatre. None of the other parties
shall have any right, title and/or interest of whatsoever nature in the
said property.

7. That the immovable property described at Serial Number 7 of Schedule

A hereto shall hereby absolutely and exclusively vest in, along with all
other rights and benefits attached thereto, and shall belong to the party
of the fourth part i.e. Mrs Priti ___. None of the other parties shall have
any right, title and/or interest of whatsoever nature in the said
property.

8. That the immovable property described at Serial Number 8 of Schedule

A hereto, which is presently in the possession of Party of the fourth
part, Mrs Priti ___, shall hereby absolutely and exclusively vest in,
along with all other rights and benefits attached thereto, and shall
belong to the party of the second part i.e. Mrs Swati ___. The Party of
the fourth part, Mrs Priti ___ shall vacate the premises of the
immovable property described at Serial Number 8 of Schedule A
hereto, within a period of ____ months from date/date of execution of
this present deed of family arrangement. None of the other parties,
including the party of the fourth part, shall have any right, title and/or
interest of whatsoever nature in the said property.

9. That the immovable property described at Serial Number 9 of Schedule

A hereto shall hereby absolutely and exclusively vest in, along with all
other rights and benefits attached thereto, including any
house/building/construction thereon, and shall belong to the party of
the fifth part i.e. Mr Venkatesh Mhatre. None of the other parties shall
have any right, title and/or interest of whatsoever nature in the said
property.

10. That the movable properties more particularly described in Schedule B

i.e. an account in Bank of Maharashtra, an account in State Bank Of
India, fixed deposit amounts held in various banks, amount invested in
the L.I.C pension Scheme, amount held in the P.P.F, all in the name of
 late Mr Ramchandra Dattatraya Mhatre shall hereby absolutely and
exclusively vest in, along with all other rights and benefits attached
thereto, and shall belong to the party of the fifth part i.e. Mr Venkatesh
Mhatre. None of the other parties shall have any right, title and/or
interest of whatsoever nature in the said property.

11. The parties hereto and each of them doth hereby acquit, release and
discharge the other and others of any sums, liabilities and other things
due and payable to each of them by the other or others and agree that
they do not have any claim or demand equitable or otherwise into,
over and upon the properties, except in the manner and to the extent as
mentioned hereinabove and shall not forever raise any conditions or
claims against them or any of them and shall not raise any dispute
whatsoever in relation thereto and they also hereby record that they
and each of them have agreed to recognise and accept the other and
others as the absolute owners of the share in the properties allotted and
allocated to them hereinabove.

12. The parties herein further record that they have agreed that the
respective share in the properties allotted and allocated to the
respective parties as recorded hereinabove shall be the absolute
property and/or rights of the respective parties and their respective
heirs executors, administrators, assigns shall have absolute authority to
enjoy, enter into and upon the properties and/or rights allotted and
allocated to them without any obstruction, interference and/or
hindrance of the other or others of them or the agents, servants,
employees or any other persons claiming through or under them
whether in trust or otherwise and shall be entitled to have, hold, use
and enjoy the properties and/or rights so allotted forever, freely,
unencumbered, clearly and absolutely.

13. The parties herein further agree that the respective allottees shall be
entitled to dispose off or deal with the said interests in the properties
allotted to him/her/them in terms of this family arrangement without
any consent or approval of the other or others.

14. The parties herein hereby covenant with each other that they shall
comply with and accept the aforestated family arrangement in toto.

15. The parties herein further agree and covenant with each other that they
shall execute all other, further and necessary documents, writings,
deeds, arrangements and all other assurances to give true and proper
effect to the aforesaid arrangement.
16. All disputes differences and questions whatsoever which shall arise
either during the continuance of this agreement or afterwards between
the parties herein or touching these presents or the construction,
interpretation or application thereof or as to any Act, deed or omission
of any of the parties hereto in anyway relating to these presents or in
implementation thereof shall be referred to a sole arbitrator such
arbitration shall be held in accordance with the Arbitration and
Conciliation Act 1996 or any statutory modification or re-enactment
thereof for the time being in force. The entire arbitration proceeding
shall be held, conducted and proceeded with in the city of Mumbai
only and will be in English language and as per the laws of India.

17. This memorandum has been executed in one original and 5 duplicates.
The original duly and fully stamped will remain with the party of the
_____ part and each of the other parties will be supplied with one
duplicate copy. The party of the first part covenants to produce the
original to the inspection of any of the parties hereto if and when
required or to produce the same before any court or arbitrator or any
government officer if and when required by any party hereto.

SCHEDULE A

Immovable Properties

Land

Sr. Gat Area Village/Place

Nos. Nos. (in
Hectare)
1. 71 01-41-05 Mushet, Taluka Alibaug, District Raigad

2. 195 00-07-03 Koproli, Taluka Alibaug, District Raigad

3. 143 00-08-00 Koproli, Taluka Alibaug, District Raigad

4. 12 00-31-00 Koproli, Taluka Alibaug, District Raigad

5. 1142 00-07-04 Nagaon, Taluka Alibaug, District Raigad

Flats/Rooms
 6. Madhuvan Co-op. Hsg. Society Ltd., at Matunga,
Room No. 43 and related Share Certificate No.
3/53 which includes Share Number 216 to 220.

7. Crescent Co-Op. Hsg. Society Ltd., at

Panchpakhadi Thane, Flat No. 302 and related
Share Certificate No. 17 which includes Share
Number 61 to 65.

8. Sai Anand Sahkari Gruhnirman Sanstha (Niyojit)

Chandanwadi, Almeda Road, Thane – 400 601 at
Thane, 2 Rooms i.e. Room Nos. 303 & 304

9. House, Construction and Plot of land in the

Village of Koproli, Taluka – Alibaug, Dist.
Raigad, in my possession.

SCHEDULE B

Movable Property:

A. Bank Accounts

1. Bank of Maharashtra – Panchpakhadi, Thane Branch

Account Number :- 20107474824

2. State Bank of India – Zirad, Alibaug Branch

Account Number :- 30982688664

B. Fixed Deposit
Sr. Bank Deposit Amount Date of maturity
Nos. Receipt No.
1. N. K. G. S. B Bank 689301 93,017 17/09/2015
2. Bank of Maharashtra 0060390 54,222 06/07/2015
3. Bank of Maharashtra 469596 39,279 06/01/2018
4. Thane Janta Sahakari 140849 83,058 09/08/2016
Bank
5. Thane Janta Sahakari 417675 1,35,020/- 17/08/2016
Bank
6. Vima Kamgar Bank 09702 91,493/- 14/05/2015
 7. Vima Kamgar Bank 06851 1,33,000/- 23/06/2015
8. Vima Kamgar Bank 19302 1,08,122/- 03/10/2017
9. Vima Kamgar Bank 06880 1,33,000/- 04/07/2015
10. Vima Kamgar Bank 05974 1,28,438/- 21/07/2015
11. Vima Kamgar Bank 05980 1,28,438/- 21/07/2015
12. Vima Kamgar Bank 05981 1,28,438/- 21/07/2015

C. L. I. C Pension Scheme
Senior Pension Insurance Scheme
Policy Number – 922719880, Monthly Pension 1041/- per month

D. P.P.F (Central Bank of India, Fort Branch)

Account Number - 1787458945
IN WITNESS WHEREOF the parties have hereunto set and
subscribed their respective hands to this writing and on 5 other copies
thereof the day and year first herein above written.

Signed and delivered by the party of the first part )

Signed and delivered by the party of the second part )

Signed and delivered by the party of the third part )

Signed and delivered by the party of the fourth part )

Signed and delivered by the party of the fifth part )

IN THE PRESENCE OF

1. XYZ ) Witness
No.1

2. ABC ) Witness
No. 2