LEGAL OPINION REPORT

To

K. Subrahmanyam The Branch Manager

B.A., B.L. BANK OF BARODA
Advocate BHIMAVARAM
Bhimavaram

Sir

Name of the account & Proposed facility : Term Loan

1 Description & area of property proposed to be : West Godavari District, Bhimavaram Mandal,
mortgaged with boundaries Narasimhapuram, R S NO.14/1 An extent of 314
½ sq yards of the site on the eastern side of 629
sq yards of site within the following boundaries:

EAST : PUBLC LANE SITE

SOUTH : ROAD
WEST : SITE OF PANCHAYAT WATER TANK
NORTH : SITE OF VEGESNA RAMAKRISHNAM
RAJU

2 Name of Mortgagor & his status in the A/c : Jampana Rama

W/o. Venkata Satya Siva Rama Durga Prasada
Raju

3 Whether the mortgagor has sufficient title and : The mortgagor has good, valid and marketable
Capacity of contract for creation of mortgage title for the above property and she can create
an equitable mortgage.
4 Nature of mortgagor’s right or title in the : Full Ownership, Self acquired properly.
property
5 Whether Mortgagor is in exclusive possession of : The mortgagor is in exclusive possession of the
property proposed to be mortgaged. property proposed to be mortgaged.
 6. Documents studied / scrutinized (in chronological order)

Sl no Type/Nature Date of No. & Date From To Nature of

of document execution Registration in document
revenue Original/Photosta
records/builder’ t
s
records/Society’
s records
1 Registered 22.12.2005 Doc. Alluri Chitti Jampana Rama Photostat
settlement No.7558/2005 Bangarraju
deed Regd. On
22.12.2005
2 Registered 02.09.1973 Doc. Vegesina Lakshmi 1) Uddarraju Photostat
sale deed No.1916/1973 Narasayya and Venkataraju
(Regn.Extract) Regd on others 2) Alluri Chitti
05.09.1973 Bangarraju
3 Partition List 12.09.1973 -- 1) Uddarraju Photostat
Venkataraju
2) Alluri Chitti
Bangarraju
4 Permission 05.12.2005 -- Panchayat Photostat
Order Secretary,
Narasimhapuram
Gram Panchayat
5 Approved 05.12.2005 -- Photostat
Plan
6 Encumbrance 18.04.2019 -- Original
Certificate

7. TRACING OF TITLE :

The applicant Jampana Rama got the above mentioned site i.e. 314 ½ sq yards of site from her father
Alluri Chitti Bangarraju under a Regd. Settlement Deed dt. 22.12.2005 (Doc.No.7558/2005). It is recited
in the said settlement deed that the applicant was put in possession of the said site to enjoy the same
with absolute rights. The applicant’s father Alluri Chitti Bangarraju and Uddrraju Venkataraju jointly
purchased the said site and some other site totaling 761 1/3 sq yards from Vegesina Lakshmi Narasayya
and her sons Krishnam Raju, Raja Babu alias Rama Raju, Raghava Raju, Gandhi Raju, being minor by
guardian and mother Lakshmi Narasayya, Vegesina Satyanarayanaraju, being minor by guardian and
father Krishnam Raju, Vegesina Venkatramaraju, Bhupathiraju Anasuya, Dandu Kamalamma, Namburi
Butchayya and Namburi Venkatrama Raju (guarantor) under a Regd. Sale Deed dt.02.09.1973. the
applicant and the said Uddaraju Venkatraju entered into an agreement (partition list) dt.12.09.1973 that
after demolishing the titled house in the said site the applicant has to take the eastern half and Uddraju
 Venkatraju has to take western half. The said Alluri Chitti Bangarraju, who got the eastern half of the said
site in a partition with U. Venkatraju formed a road on the sourthern sided of his site and settled the
above mentioned site in favour of his daughter Jampana Rama (the applicant).

The applicant applied to Narasimhapuram Grama Panchayat to grant permission for the construction of
building with ground and first floors in the above site. The Narasimhapuram Gram Panchayat approved
the plan submitted by the applicant and accorded permission to her to construct the said building in its
proceedings in M.L.R.No. dt.05.12.2005.

8 Whether title is clear and property is free from : The applicant is having a clear, valid and
any encumbrance marketable title for the above site. There are
no prior encumbrances on the said site as per
the entries in the encumbrance certificate and
personal inspection made in sub-registrar’s
office , bhimavaram. The Registrar’s
Encumbrance certificate on the above property
from 01.01.1983 to 02.02.2006 is obtained. The
entry 1 dt.22.12.2005 relates to the settlement
deed in favour of the applicant. There are no
prior encumbrances or mortgages on the above
said property.
9 Whether title to properties is clear, unambiguous, : The applicant got clear, unambiguous,
marketable & property is saleable. marketable title to the above said site property
and the applicant got sealable interest in the
said property.

10 Whether there is any Bar/restriction for creation : There is no Bar or Restriction for creation of
of equitable mortgage under any act, state law or equitable mortgage on the above property
rule/notification like ceiling Act, land acquisition under any Act, state Law or Rule/Notification.
Act. State Coop. Societies Act, Societies
Registration Act or Apartments/Flat ownership
Act or Income Tax Act
11 Whether any permission / consent / no objection : No permission is necessary from any authority.
is required & if so, it is obtained
12 Additional documents required / formalities to be : --
completed by the proposed mortgagor
13 List out the Title Deeds to be deposited to create
mortgage by deposit of Title Deeds in favour of
the bank
14 Whether all original deeds are available and : The original title deed i.e. settlement Deed dt.
scrutinized Deeds are duly executed/stamped and 22.12.2005 (Doc.No.7558/2005) in the name of
registered . There is no doubt / suspicion as to the applicant is duly executed / stamped and
their genuineness of existence. registered and is available. There is no
doubt/suspicion as to the genuineness of the
existence of the said settlement deed.
15 Final Certificate/Option : The applicant is having a clear , valid and
marketable title to the above mentioned site.
 There are no prior encumbrances on the said
site as per the E.C. taken , which is filed
herewith. The applicant can create an equitable
mortgage on the above said property by deposit
of her title deed i.e. original of the Regd.
Settlement Deed , dt.22.12.2005
(Doc.No.7558/2005) & Partition List
dt.12.09.1973 with the bank. The other
documents may also be lodged in the bank.

Bhimavaram K. SUBRAHMANYAM

Dt. 18.04.2019 LEGAL ADVISOR