Watch List notes:

Republic India,1992, Error 10 Rupees, Signed by S.Venkitaramanan, Error: Sheet fold printing or butterfly error, approx. 20% extra paper at right leaving the unprinted area on the reverse in butterfly form, an unprinted portion of reverse is printed on the obverse on extra paper, S. No. 55Q 049736, staple holes, folds, minor stains, crisp paper quality, graded by PMCS as 53 AUNC, Exceedingly Rare.

Note: It is a highly unusual error that has been never offered in any auctions in the past. A great rarity for error banknote collectors.