CONFIRMATION DEED

THIS CONFIRMATION DEED is made and executed on this the

Twenty Fifth Day of August Two Thousand Sixteen (25.08.2016), at
Bengaluru.

BY:

SRI.R.RANGANATH RAO
Aged 65 Years,
S/o. late C.Ramachandra Rao,
Residing No.45, 3rd Main,
4th Cross, Lakkasandra,
Bengaluru - 560 011

Hereinafter referred to as “FIRST PARTY” (which expression

unless repugnant to the context shall mean and include his legal
heirs, representatives, administrators, executors, successors, assigns,
etc.,) of the FIRST PART;

IN FAVOUR OF:

SRI. BHURAMAL MEHTA

Aged 43 years,
S/o. late. Ghisulal Mehta,
No.22/4, Kumarapark West,
Bangalore-560 001

Hereinafter referred to as “SECOND PARTY” (which expression

unless repugnant to the context shall mean and include his legal
heirs, representatives, administrators, executors, successors, assigns,
etc.,) of the SECOND PART.

WHEREAS Sri.R.Radhakrishna Rao, son of late Sri.

C.Ramachandra, is the absolute owner of the land bearing
Sy.No.12/5, measuring to an extent of 1 Acre 2 Guntas, situated at
Nagawara Village, Kasaba Hobli, Bengaluru North Taluk, Bengaluru
which is more fully and particularly described hereunder and
hereinafter referred to as the Schedule Property. Further Sri. R.
Radhakrishna Rao claimed that all the revenue records in respect of
the Schedule Property stood in his name and he was in peaceful
possession and enjoyment and exercising all the rights as true owner
of the Schedule Property.
 WHEREAS the Second Party on enquiry came to know that
Sri.R.Radhakrishna Rao has executed a Sale Deed dated 30.01.2003
in favour of Smt. K.Jathrutha, daughter of Y.Chowri Reddy and
Smt.K.K.Sunita, daughter of Sri.K.Kempaiah, which is registered as
Document No.13688/2003-04, Book-I, stored in CD No.137, in the
office of the Sub-Registrar, Bengaluru North Taluk, Bengaluru, for
valuable sale consideration, in respect of the Schedule Property.

WHEREAS the said Smt.K.Jathrutha, daughter of Y.Chowri

Reddy and Smt.K.K.Sunita, daughter of Sri.K.Kempaiah claimed that
they have got valid right, title and interest over the Schedule Property
by virtue of the Sale Deed indicated as above and claimed that they
were in peaceful possession and enjoyment. However, the said
Purchasers have got changed the revenue records in their names in
respect of the Schedule Property from the concerned Revenue
Authorities without notice to the First Party.

WHEREAS the said Smt. K. Jathrutha, daughter of Y.Chowri

Reddy and Smt.K.K.Sunita, daughter of Sri.K.Kempaiah in turn have
sold the Schedule Property in favour of the Second Party under a
Sale Deed dated 15.04.2010 registered as Document No.18728/2010-
11, Book-I, stored in CD No.352, in the office of the Sub-Registrar,
Gandhinagar, Bengaluru. The Second Party is in peaceful possession
and enjoyment of the Schedule Property.

NOW THIS CONFIRMATION DEED WITNESSETH AS FOLLOWS:

That First Party hereby confirms and declares that the Second
Party is the bona fide Purchaser for value, of the Schedule Property
and is in peaceful possession and enjoyment and exercising all the
rights of true owner. That the First Party unequivocally states that he
is executing this Deed of Confirmation in order to avoid any further
litigation in this regard. Further, the Second Party upon the First
Party executing this Confirmation Deed and in order to buy peace has
offered to pay to the First Party a sum of Rs.90,00,000 (Rs.Ninety
Lakhs Only) which amount has been paid in the following manner;
 Cheque No.329847 dated 24.08.2016 drawn on SBI,
Gandhinagar Branch, Bengaluru, in favour of the First Party herein.

That the First Party admits receipt of the same, the right, title,
interest and possession of the First Party if any over the schedule
property shall cease to exist and shall stand fully extinguished in so
far as it relates to the Schedule Property. Further the First Party
confirms that the said Smt. K.Jathrutha, daughter of Y.Chowri Reddy
and Smt.K.K.Sunita, daughter of Sri.K.Kempaiah have sold the
Schedule Property in favour of the Second Party herein under a
registered Sale Deed and thus the Second Party had acquired right,
title, possession and interest over the Schedule Property. That in
furtherance to the execution of this Deed, the First Party does not
retain any right whatsoever existed or otherwise over the Schedule
Property.

That the wife of First Party Smt.Lalitha and their sons

Sri.Mahesh and Sri.Ramesh have no objections whatsoever for the
First Party executing this confirmation Deed and Smt.Lalitha his wife
has also joined this Deed and affixed her signature as Consenting
Witness after going through the contents of this Deed and having
found it to be true and correct in all respects. That since the sons of
the First Party are residing in the USA, they have expressed their
willingness for relinquishment in respect of the schedule property and
to execute this Deed by the First Party in favour of the Second Party in
writing by way of letters.

That the First Party hereby undertakes that he or his legal heirs
or anyone acting on his behalf shall not raise any claim or right over
the Schedule Property in future or institute any civil proceedings
questioning the validity and correctness of the above said Sale Deeds.

SCHEDULE PROPERTY

All that piece and parcel of the land bearing Sy.No.12/5,

measuring to an extent of 1 Acre 2 Guntas, situated at Nagawara
Village, Kasaba Hobli, Bengaluru North Taluk, Bengaluru bounded on
the:
East by – Naganahalli
West by – Anjanappa’s land
North by – Munegowda’s land
South by – Shivappa’s land

IN WITNESS WHEREOF both the First and Second Party have

affixed their respective signatures on this Deed on the First Day,
Month and Year as stated above.

CONSENTING WITNESSES:

FIRST PARTY

WITNESSES:
SECOND PARTY
1.

2.