Date : 04/05/2019

Place : THANE

To,
AXIS BANK LTD.,
SANPADA
NAVI MUMBAI

Dear Sir :

Re: Shop No. 05 of Mrs. KALPANA DATTATRAY LOLAM in the building named
PRABAVATI TOWER of the PRABAVATI TOWER "A" Co- operatives Housing Society Ltd.,
situated at KHOPAT,THANE(W)-400601.

This is to confirm that our above named society registered under no.TNA/(TNA)Hsg./(TC)/17041
dated 06/02/2006.

Mrs. KALPANA DATTATRAY LOLAM is a member of our Society and the said shop is
possessed by Mrs. KALPANA DATTATRAY LOLAM ( " the said member " ). The share
certificate has not yet been issued by the society to the said Member.

We hereby assure you that the said shop, as well as the said building and the land appurtenant
thereto are not subject to any encumbrance, charge or liability of any kind whatsoever and that
the entire property is free and marketable.

We further confirm that we have a clear, legal and marketable title to the said property and every
part thereof , and that all taxes and dues in respect thereof have been paid upto the date.

We confirm that there are no restrictive / negative convenants in the Bye laws / Rules of the
above mentioned society concerning the transfer of shares/ members interest in the society
and other related matters.

The Society has been formed on 06/02/2006 and bearing registration no:
TNA/(TNA)Hsg./(TC)/17041 .The share certificate has not been issued to any of the members of
the society of Prabhavati Tower "A" Co-op Hsg. Soc. Ltd.
We are informed by the said Member that AXIS BANK LTD. has granted / agreed to grant a loan
of Rs. 12,00,000/- to the said Member upon the term and conditions, one of which stipulates
creation of security by way of mortgage by deposit of original documents of title pertaining to the
said member has requested us to permit him / her to create the said security over the said shop
and the shares (as and when issued ) in favour of your Bank / in favour of your security trustees.

We, hereby confirm and agree we have " No Objection " to the permit the said Member to create
the security in favour of your Bank / in favour of your security trustees by way of mortgage of the
right, title, interest of the said Member in the said shares and the said shop with you / in favour of
your security trustees for repayment of the said loan and hereby agree to note the mortgage
charge on the said shop in our books.

We also confirm that there are no outstanding dues/ charges payable by the said Member in
respect of the said shop and he/ she has paid all the taxes and due in respect of the same upto date.

We undertake not allow the said Member to transfer / further transfer / cancel the said shop or add
any name in the share certificate without the prior written permission of your Bank / your security
trustee and as soon as the share certificates are issued by the society to the said Member, the same
will be forwarded directly to the Bank ( if applicable ) / the security trustee.

AND we agree to accept , subject to the byelaws of our society, in future, the application for
membership from the person/s, firm, company to whom the said shop and the right, title
and interest of the said Member in the said shares will be transferred / sold , on
enforcement of the said security.

Yours faithfully,

Authorised Signatories
(Secretary)