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Divakar Partition Deed

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0% found this document useful (0 votes)
29 views

Divakar Partition Deed

Uploaded by

r.lokeshadv
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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You are on page 1/ 11

PARTITION DEED

This DEED OF PARTITION is made and executed on this ___


day of May two thousand and twenty four (_____/05/2024) at
Bangalore.

BETWEEN:-
1. H.K. MOHAN REDDY
S/o late Krishna Reddy,
Aged about 65 years,
R/a Halanayakanahalli village,
Varthur Hobli,
Bangalore east taluk,
Bangalore – 560035.

Hereinafter called as “FIRST PARTY”.

2. SAROJA
W/o H.K. Mohan Reddy,
Aged about 59 years,
R/a Halanayakanahalli village,
Varthur Hobli,
Bangalore east taluk,
Bangalore – 560035.

Hereinafter called as “SECOND PARTY”.

3. DEEPIKA.M
D/o H.K. Mohan Reddy,
Aged about 35 years,
R/a Halanayakanahalli village,
Varthur Hobli,
Bangalore east taluk,
Bangalore – 560035.
Hereinafter called as “THIRD PARTY”.

4. DIVAKAR.M
S/o H.K. Mohan Reddy,
Aged about 33 years,
R/a Halanayakanahalli village,
Varthur Hobli,
Bangalore east taluk,
Bangalore – 560035.

Hereinafter called as “FOURTH PARTY”.

(Whereas, the terms “FIRST PARTY”, “SECOND PARTY”,


“THIRD PARTY”, and “FOURTH PARTY” shall mean and
include their respective legal heirs, legal representatives,
administrators, executors, successors, assignees etc., wherever
the context so permits and demands under this indenture).

I. WHEREAS, the parties herein are members of Hindu


undivided joint family and are governed by Hindu Laws and
Customs. AND WHEREAS H.K. Mohan Reddy the first party
herein is the husband of Saroja the second party herein and
father of Deepika. M and Divakar. M are the third and fourth
parties herein respectively.

II. WHEREAS, the immovable properties bearing Sy. No: 129/1


measuring to an extent of 3 acre 3½ guntas was purchased
in the names of second party and forth party under sale
deed dated 22/11/2010 vide document No CMN-1-02932-
2010-11 in book 1 stored in CD No CMND59 in the office of
sub registered Chinthamani, Sy/No 105/6 measuring to an
extent of 1 acre 20 guntas was purchased in the name of
second party under sale deed dated 22/11/2010 vide
document No CMN-1-02935-2010-11 in book 1 stored in CD
No CMND59 in the office of sub registered Chinthamani,
Sy/No 129/2 measuring to an extent of 2 acre 3 ½ guntas
was purchased in the names of second party and forth party
under sale deed dated 22/11/2010 vide document No CMN-1-
02936-2010-11 in book 1 stored in CD No CMND59 in the
office of sub registered Chinthamani and Sy/ No: 126/1
measuring to an extent 1 acre 16 guntas was purchased in
the name of second party under sale deed dated 16/08/2011
vide document No CMN-1-01721-2011-12 in book 1 stored in
CD No CMND71 in the office of sub registered Chinthamani
all are situated at Konapura village, Munganahalli hobli,
Chinthamani taluk, Chikkaballapura district the
aforementioned properties were purchased in the names of
second party and forth party out of the income generated
from the joint family properties. ANDWHEREAS Sy. No: 54/6
measuring to an extent 9 guntas situated at
Halanayakanahalli village, Varthur hobli, Bangalore east
taluk was acquired by the second party under gift deed
dated 21/03/2007 vide document No BAS-1-29960-2006-07
in book 1 stored in CD No BASD313 in the office of sub
registered Bangalore south taluk the said property is the
ancestral property of H.K. Mohan Reddy the first party herein
who in turn gifted in favour of his wife Saroja the second
party herein. the property bearing old Sy/No 32/2 new Sy/No
32/6 measuring 18 guntas situated at Halanayakanahalli
village, Varthur hobli, Bangalore east taluk was acquired by
Saroja second party, Deepika third party and Divakar. M
fourth party under partition deed dated 01/03/2007
registered as Document No BAS-1-28273-2006-07 in book 1
stored on CD No BASD308 registered in the office of sub
register Bangalore south taluk. The parties here to have
mutually agreed, resolved and decided to put the
aforementioned properties into common hotch potch and
have declared as joint family properties which is more fully
and particularly described in the schedule here under.

III. WHEREAS, the parties herein have agreed and decided to


effect partition by metes and bounds and with larger interest
and for better use and enjoyment and to avoid differences
and disputes which may arise between the parties are of
their heirs, further to avoid themselves from disputes and
litigations and to maintain mutual trust and cordial
relationship among themselves, henceforth they have
entered into this partition and hereafter they shall have
blood relationship and shall not have any kind of other
relationships.

IV. WHEREAS, as per the partition and settlement “A”


Schedule property is taken to the share of “FIRST PARTY”
H.K. Mohan Reddy and “B” Schedule property is taken to the
share of “SECOND PARTY” Saroja and “C” Schedule property
is taken to the share of “THIRD PARTY” Deepika. M and “D”
schedule property is taken to the share of FOURTH PARTY
Divakar. M.

NOW THIS DEED OF PARTITION IN WITHNESSESSETH


AS HEREUNDER:-

1. The parties have agreed that in lieu of the immovable


property mentioned herein the first party shall receive
money equal to his respective share accordingly the below
mentioned A-schedule property shall be allotted to the share
of First party, the second party shall receive money equal to
her respective share accordingly the below mentioned B-
schedule property shall be allotted to the share of second
party and C- Schedule properties shall be allotted to the
shares of Third party and D- Schedule properties shall be
allotted to the shares of Fourth party as agreed and decided
herein supra the immovable properties shall be allotted to
the shares of third party and fourth party respectively and
third and fourth parties shall compensate by Paying money
to the first and second parties equal to their respective
shares in lieu of the immovable property allotted to the third
and fourth parties.

2. That in pursuance of the said agreement and in


consideration of the absolute ownership acquired by the
parties in respect of the allotments hereunder, made under
and by virtue of mutual transfers and releases hereunder
effected the said parties hereby and hereunder grant,
convey, transfer, assure, assign, confirm and release unto
each other or either parties all that the properties said forth
in their respective schedules hereto together with all areas
sewers, drains, water courses, water, rights, liberties,
easements, appendages, appurtenances, so as to constitute
each other or either parties as the sole and absolute owners
of the properties comprised in the schedules, freed and
discharged from all rights in common and all claims,
demands whatsoever of the parties of other parts concerning
the same and to have and to hold the same absolutely and
forever in free, simple and severalty without any interference
or obstructions by either of the said parties against each
other or either parties.

3. The parties shall transfer the Khatha and other revenue


record of their respective shares into their respective shares
and pay taxes, rates, dues, duties and assessment payable
to Government or Municipal Corporation or any other public
body in respect thereof.

4. It is hereby agreed and declared that, regarding transfers of


the shares of each other or either parties in the revenue
records of the concerned authorities by effecting Katha in
their names and either parties shall have no objections
whatsoever.

5. Each party covenants with the other that he/she has not
done any act deed or thing whereby or by means whereof
he/she is prevented from conveying and releasing the
property to the other in the manner aforesaid.

6. Each party also covenants with the other that each party will
execute and get registered, if necessary, any deed,
assurance or other document which may be required for
fuller and more perfectly and effectually assuring the
property, allotted to the other but at the cost and expenses
of the other.

7. Each party hereto further covenants with the other that the
latter will hereafter hold and stand possessed of the property
allotted to him/her quietly and peacefully and enjoy the rents
and profits thereof without any suit, interruption, claim or
demand by the covenanting party, his/her heirs, executors
administrators and assigns or any person claiming under
him/her.

8. That it is further agreed and declared, that all the differences


and disputes between the parties more fully and finally
adjusted and settled without any bias or undue influence.
Further there is no threat, force, coercion or intimidation
regarding the inter-se partition between the parties herein.

9. That it is further declared and agreed that the parties shall


own possess and enjoy the schedule properties taken to their
respective shares in the manner in which they like. Further
the said parties shall likewise sell, mortgage, lease, gift,
release, exchange or to effect partition between their heirs
and also create encumbrances, wills or codicils. Further to
develop and make improvements of their respective shares
in the manner in which they so desire.

10. That the parties hereto insofar as it relates to their


respective acts, deeds and things covenant with each other
that they have not done, execute, performed nor suffered
anything to the contrary thereby or by any reasons whereof
in respect of the properties mentioned hitherto or settled
and declared may be in any way affected or prejudiced or
hereby entitled or vested or thereof or any of them or
indulged or prevented from settling the same in the manner
here before indicated.
11. This partition drawn up today shall be the final and the
property allotted to the respective parties shall be their own
and under any circumstances shall not be deemed to be
common estate of the joint family.

12. That each of the party shall enjoy their respective shares
allotted and with full powers of alienation.

13. The parties hereto shall give necessary representation


before the corporation authorities/revenue authorities or any
other competent authorities for transferring their respective
shares in respect of their respective shares in favor of either
parties pursuant to this partition deed.

14. It is agreed among the parties that the original partition


deed shall be retained by the fourth party and the other
parties shall keep the certified copies and it is agreed by the
fourth party that the original document shall be made
available to other parties as and when they require the same
and the original document shall be returned to the fourth
party soon after the requirement is fulfilled.

15. It is agreed between the parties that in case or by reason


of any error or omission whatsoever the parties shall execute
and register such further deeds or writing as may be
necessary to rectify and implement the error/s or omissions.

SCHEDULE PROPERTY

A-SCHEDULE PROPERTY FALLEN TO THE SHARE OF H.K.


MOHAN REDDY, THE FIRST PARTY:-

All that piece and parcel of the:-

Amount of Rs. 25,00,000/- (Rupees twenty five Lakhs only) by


way of cash
B-SCHEDULE PROPERTY FALLEN TO THE SHARES OF
SAROJA THE SECOND PARTY:

Amount of Rs. 25,00,000/- (Rupees twenty five Lakhs only) by


way of cash.

C-SCHEDULE PROPERTY FALLEN TO THE SHARES OF


DEEPIKA. M THE THIRD PARTY:

Item No - 1
All that piece and parcel of the immovable property
bearing Sy. No: 129/1 measuring to an extent of 3 acre 3½
guntas situated at Konapura village, Munganahalli hobli,
Chinthamani taluk, Chikkaballapura district and bounded
on:-

EAST BY: - Government land,


WEST BY: - Sy/No 129/2,
NORTH BY: - Property of Yerikaluve
Venkatarayappa,
SOUTH BY: - Kere Angala and Bandi Dari.

Item No - 2
All that piece and parcel of the immovable property
bearing Sy/No 129/2 measuring to an extent of 2 acre 3 ½
guntas situated at Konapura village, Munganahalli hobli,
Chinthamani taluk, Chikkaballapura district and bounded
on:-

EAST BY: - Sy/No 129/1,


WEST BY: - Property of B.N. Subba Reddy,
NORTH BY: - Property of Yerikaluve
Venkatarayappa,
SOUTH BY: - Kere Angala and Bandi Dari.

Item No - 3
All that piece and parcel of the immovable property
bearing Sy/No 105/6 measuring to an extent of 1 acre 20
guntas situated at Konapura village, Munganahalli hobli,
Chinthamani taluk, Chikkaballapura district and bounded
on:-

EAST BY: - Property bearing Sy/No 108,


WEST BY: - Property bearing Sy/No 121,
NORTH BY: - Property bearing Sy/No 110 and
Road,
SOUTH BY: - Property bearing Sy/No 123.

D-SCHEDULE PROPERTY FALLEN TO THE SHARES OF


DIVAKAR. M FOURTH PARTY:-

ITEM NO 1:-

All that piece and parcel of the immovable property


bearing Sy. No: 54/6 measuring to an extent 9 guntas
situated at Halanayakanahalli village, Varthur hobli,
Bangalore east taluk and bounded on:-

EAST BY: - Road,


WEST BY: - Sy/No 54/11, 54/12 and 54/14,
NORTH BY: - Property of Narendra Kumar,
SOUTH BY: - Property of M. Mohan Reddy.

ITEM NO 2:-

All that piece and parcel of the immovable property


bearing bearing old Sy/No 32/2 new Sy/No 32/6 measuring
18 guntas situated at Halanayakanahalli village, Varthur
hobli, Bangalore east taluk and bounded on:-

EAST BY: - Property of Shamanna Reddy,


WEST BY: - Property of Manjunath Reddy,
NORTH BY: - Ramadevara Inam Land,
SOUTH BY: - Government Road.
ITEM NO 3:-

All that piece and parcel of the immovable property


bearing Sy/No: 126/3 measuring to an extent 1 acre 16
guntas situated at Konapura village, Munganahalli hobli,
Chinthamani taluk, Chikkaballapura district and bounded
on:-
EAST BY: - Property of B.V. Venkataramareddy,
WEST BY: - Remaining portion of B.V.
Srinivasareddy,
NORTH BY: - Bandi Dari,
SOUTH BY: - Property of Narayanappa.

IN WITNESS WHEREOF, the First, Second, Third and


fourth parties herein above have duly affixed their
respective signatures to this deed of partition after duly
understood the contents and the same is being incorporated as
per their partition and settlement on the day, month and year
first above written before the witnesses:-

WITNESSESS:
FIRST
PARTY
1.

SECOND
PARTY
THIRD
PARTY

FOURTH
PARTY

Drafted by

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