ADVANCE RECEIPT-CUM-AGREEMENT TO SELL AND PURCHASE

This Advance Receipt-Cum-Agreement To Sell and Purchase, is made here at New Delhi, on
this 8th day of April, 2013;

BETWEEN

MR. ASHISH MALHAN son of Shri Nand Kishore Malhan resident of J-3, Saket (Third
Floor), New Delhi, hereinafter jointly called the FIRST PARTY of the one part;

A N D

M/S MARHABA TRAVELS INTERNATIONAL PVT LTD through its Director MOHD.
AHMED ILYAS son of Mohd. Ilyas having its office at 152, Sarai Jullena, New Delhi-
110025, hereinafter called the SECOND PARTY, of the other part.

The expression of the terms FIRST PARTY and SECOND PARTY wherever they occur in
the body of this Advance Receipt-Cum-Agreement To Sell and Purchase, shall mean and
include their respective heirs, executors, administrators and assignees unless and until it is
repugnant to the context or meaning thereof.

AND WHEREAS FIRST PARTY is the owner and in physical possession of Plot
No.144, measuring 250.145 sq.mtrs., situated at Jasola, New Delhi, (hereinafter called the said
property), vide Conveyance Deed, which is registered in the office of the Sub-Registrar, New
Delhi, as document Sl.No.5900 in Addl. Book No.I, volume No.2,919 on pages from 102 to 106
dated 28/03/2008, And are fully competent to sell the same, in whole or in parts and to receive
the consideration amount in his own name

AND WHEREAS the FIRST PARTY due to their legal needs and requirements has agreed
to sell, transfer and convey his/her/their rights, interests, lines and titles of Entire Basement of
property bearing No.144, measuring 250.145 sq.mtrs., situated at Jasola, New Delhi, with super-
structure standing therein, fittings & fixtures, alongwith proportionate Undivided and Indivisible
rights, interest, liens and titles in the land beneath the same, rights of usage of necessary
amenities/services attached thereto i.e. common Passage and Staircases for approach, use of
water connection, Sewer Connection, Electric Connection Overhead Water Tank and Water
Motor, etc. (hereinafter called the said demised portion of the said property), unto the
SECOND PARTY for a total consideration of Rs.1,21,00,000/- (Rupees One Crore Twenty
One Lacs Only).

AND WHEREAS the SECOND PARTY has agreed to purchase the same from the FIRST
PARTY on the following agreed terms and conditions of this Advance Receipt-Cum-agreement
To Sell and Purchase.

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NOW THIS ADVANCE RECEIPT-CUM-AGREEMENT TO SELL AND PURCHASE,

WITNESS AS UNDER

1. That the entire consideration amount of the rights, interests, liens and titles of the
FIRST PARTY in respect of the said demised portion of the said property is fixed between the
parties at Rs.1,21,00,000/- (Rupees One Crore Twenty One Lacs Only), out of which the FIRST
PARTY has received a sum of Rs.6,00,000/- (Rupees Six Lacs Only) in the following manner:-

a) Rs.1,00,000/- (Rupees One Lac only) in cash dated ___________________

b) Rs.5,00,000/- (Rupees Five Lacs only) vide Cheque No.___________ dated __________
drawn on HDFC Bank Ltd. New Friends Colony, New Delhi.

from the SECOND PARTY and the FIRST PARTY hereby confirm and acknowledges the
same.

2. That the Balance sale consideration of Rs.1,15,00,000/- (Rupees One Crore Fifteen Lacs
Only) will be paid by the SECOND PARTY to the FIRST PARTY on or before 07/09/2013

3. That after full and final payment as agreed upon in respect of the said property FIRST
PARTY will execute and registered all the relevant documents and papers such as General
Power of Attorney/Will/Agreement To Sell and Purchase/Sale Deed etc., with the competent
registering authority in Delhi/New Delhi, in favour of the SECOND PARTY or his/her/their
nominees. All the expenses for preparing the documents and papers shall be borne by the
SECOND PARTY or his/her/their nominee/s.

4. That FIRST PARTY shall handover the peaceful physical vacant possession of the said
property to the SECOND PARTY or his/her/their nominee(s) alongwith the
photocopy/original documents and papers in respect of the said property at the time of full and
final payment.

5. That the FIRST PARTY has assured to the SECOND PARTY that the said property is free
from all sorts of encumbrances such as mortgage, sale, gift, exchange, court injunction etc. and
if it is proved otherwise, the FIRST PARTY will be liable and responsible for all the
damages sustained by the SECOND PARTY and will make good the same to be SECOND
PARTY and he/she i.e. FIRST PARTY is also liable to clear all taxes, dues, concerning to
DDA/L&DO/MCD/BRPL/DJB or any other competent authority relating to this property upto
date till the time of handing over the physical vacant peaceful possession of the said property
to the SECOND PARTY or his/her/their nominee(s) and thereafter the same will be paid by the
SECOND PARTY or his/her/their nominee(s).

6. That if the SECOND PARTY in respect of the said demised portion of the said property
desires to get all the relevant documents and papers such as Sale Deed registered/transferred
in her favour and her nominees at the time of final execution of the sale transfer, the FIRST
PARTY shall execute, sign, register and deliver all documents which might be required for
the smooth transfer of the said document/papers in respect of the said property in favour of
the SECOND PARTY or his nominee/s.

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7. That in case the SECOND PARTY fails to pay the balance sale consideration to the
FIRST PARTY within the said stipulated period i.e. on or before 07.09.2013, in respect of the
said property then the advance/ earnest money paid by the SECOND PARTY shall be forfeited
by the FIRST PARTY and in case the FIRST PARTY shall not execute and register all the
relevant documents and papers such as Sale Deed etc., with the competent registering
authority in Ghaziabad, U.P, in favour of the SECOND PARTY or his/her/their nominees or
backs out of the deal then the FIRST PARTY shall refund the double of the advance/earnest
money to the SECOND PARTY, in all respects.

8. That after making the full and final payment the SECOND PARTY shall be entitled to
get the said portion mutated and transferred in his/her own name or in the name of his/her
nominee(s) in the records of DJB (Water Department) and BSES Rajdhani Power Limited
(Electricity Department), MCD (House Tax) or any other concerned authorities.

9. That this Advance Receipt-Cum-Agreement To Sell and Purchase, is irrevocable and

if any of the parties fails to complete the transaction, the aggrieved PARTY shall get it
enforced through court of law and the defaulting PARTY shall be liable for all expenses, costs,
incurred and damages suffered.

10. That if any Party infringes the terms and conditions of this Advance Receipt-Cum-
Agreement To Sell and Purchase, then the other PARTY can get the same enforced through
the court of law at the costs and expenses of the defaulting PARTY.

IN WITNESS WHEREOF the parties, hereto have set their respective hands on these
presents on the date, month and year herein above FIRST mentioned in the presence of the
following witnesses.

WITNESSES :-
1. FIRST PARTY

2. SECOND PARTY