Consent of the co-owners, co-sharers and coparceners to the transaction described below
Executed at Ludhiana on 2 April 2026.
1. The Consenting Parties
(a) Smt. Sunita Agarwal, D/o Late Sh. Ram Narayan Sharma, W/o Sh. Vinod Agarwal, resident of X, consenting as a co-owner holding a defined share, whose interest in the Property is one-fifth undivided share inherited from Late Sh. Ram Narayan Sharma.
(b) X, X, resident of X, consenting as a co-owner holding a defined share, whose interest in the Property is X.
(c) X, X, resident of X, consenting as a co-owner holding a defined share, whose interest in the Property is X.
(d) X, X, resident of X, consenting as a co-owner holding a defined share, whose interest in the Property is X.
We are referred to in this deed as "we", "us" and "the Consenting Parties". Each of us is bound by this deed individually as well as together with the others.
2. The Transferor — Sh. Mahesh Sharma, S/o Late Sh. Ram Narayan Sharma, resident of X, acting as the Karta and manager of the joint Hindu family known as Ram Narayan Sharma & Sons HUF.
3. The Transferee — Smt. Anjali Verma, of X. The Transferee is not required to sign this deed but is the person to whom our consent is given and is entitled to rely on it, as is any bank or financial institution funding the transaction.
A. This deed concerns the immovable property situated at House No. 1284, Sector 33-C, Chandigarh 160020, in Punjab, described in full in the Schedule at the end of this deed and called "the Property".
A1. The Property is recorded in the Punjab revenue record as follows: Village Dhandari Kalan, Hadbast No. 178, Tehsil and District Ludhiana; Khewat No. 214, Khatauni No. 331, Khasra Nos. 47//2/1 and 47//2/2, rakba 4 kanal 6 marla. The khewat records Sh. Mahesh Kumar and four others as owners in equal shares.
B. The Property came to be held as follows: The site was allotted to Sh. Ram Narayan Sharma by the Estate Officer, UT Chandigarh vide allotment letter No. EO/SEC33/4471 dated 12.03.1978, and the conveyance deed was registered as document No. 2214 on 09.11.1982 at the office of the Sub-Registrar, Chandigarh. On his death intestate on 04.08.1997 it devolved on his widow and four children and has since been held by the family jointly. It has never been partitioned. The family's partition position is as follows: An oral partition took place in 2004, followed by separate possession; no takseem mutation was entered and no partition deed was registered.
C. The Transferor proposes to effect a transaction in respect of the Property in favour of the Transferee, namely a sale, for a consideration or declared value of ₹95,00,000 (Rupees Ninety Five Lakh only). That proposed transaction is called "the Transaction" in this deed. An agreement to sell (bayana) in respect of the Property was entered into on 1 April 2026.
D. The Transferee has asked for the written consent of every person who holds or may claim an interest in the Property, so that the Transferee takes clear and marketable title and so that the change of record following the Transaction is not objected to. We are giving that consent by this deed.
1. We consent, and we have no objection.
Each of us gives free, informed and unconditional consent to the Transaction, and confirms that we have no objection whatsoever to the Transferor completing it. That includes signing and registering the sale deed (bainama) or other transfer document before the Sub-Registrar, receiving the consideration, and giving effect to the Transaction according to its terms, including any delivery of possession (kabza) for which the Transaction itself provides.
2. We know what we are consenting to.
Before signing, each of us has seen or had explained to us the terms of the Transaction, including the consideration and the identity of the Transferee. Where any of us does not read English, this deed has been read over and explained in Punjabi or Hindi, in a language that person understands. Each of us is of full age and sound mind and is competent to give this consent. No one has coerced, misled, pressured or hurried any of us into signing.
3. The basis on which each of us consents.
As co-owners. Each of us signs as a co-owner. We hold defined and ascertained undivided shares in the Property, and under section 44 of the Transfer of Property Act, 1882 each of us is entitled to deal with our own share. By this deed we transfer nothing. We consent to the Transferor proceeding with the Transaction as set out in clause 1, and where our own share forms part of what is being transferred, we will convey it ourselves by joining the transfer document as a Confirming Party under clause 5.
Alienation by the Karta. The Transferor is dealing with the Property as Karta and manager of the joint family. Where a Karta alienates joint family property, the alienation binds the other coparceners only if it is for legal necessity or for the benefit of the estate, or if it is made with the consent of all the adult coparceners. We confirm that the Transaction is for the following legal necessity or benefit of the estate: The sale proceeds are needed to repay the outstanding housing loan of Rs 18,00,000 owed against the family's other property at Kharar, which has fallen into default, and to meet the hospital expenses of Smt. Kamla Devi, who is undergoing treatment at the Post Graduate Institute of Medical Education and Research, Chandigarh. Independently of that, each of us, being an adult coparcener of full capacity, gives complete and free consent to the Transaction. None of us will question the Transaction, at any time, on the ground that there was no legal necessity or no benefit to the estate, and none of us will sue to set it aside on that ground.
4. Everyone with a claim is named.
The persons named in clause 1, together with the Transferor, and together with Sh. Rakesh Sharma, S/o Late Sh. Ram Narayan Sharma, and Smt. Nirmal Kaur, W/o Sh. Rakesh Sharma, both of Patiala, each of whom signs a companion deed of even date in identical terms or a continuation sheet to this deed, are all the persons who hold or may claim any interest in the Property. There is no other co-owner, co-sharer, coparcener, heir, legatee, family member, nominee or claimant whose consent is required for the Transaction, and no one has been left out.