*...L MAHARA'HTRA o 2022 0 NA T.TOTARIAL REG ENTRff r.p,...,P..1 13 OCI M onr e......eR ..1, 9,9,.1.2.9. M OF UND NG irla* [i*.I1,:Sr' Fi'r'' ir q .-**'-.-;:"1;-... THIS DEED OF MEMORANDUM OF UNDERSTANDING is executed signed at Nagpur on this A 3Gh oay of January 2023 , B H BETWEEN WS. PRASANNA DEVELOPERS.engaged in development of commercial residential plots and having its registered office at Plot No. 06, Ranrkrishna Nagar, Ajni Sqr Wardha Road, Nagpur.4400L5 hereinafter called the party (which term and exp shall, unless repugnant tqthe context or meaning thereof mean and include the said party well his legal re p resentatives, su ccesso rs, executors, a d m i n istrators a n d asjlg€fi FIRST PART acting tltough its proprietor Mr. NtKHtL PRAKASH CHAPLE, wh to execute this Agreement. rt' e AND fr i M/s. pnRsRruruR pulrtrugns, engaged in development of iesidential plots and having ig; registered office at plot No. 06, Ramkrishna Nagar, Ajni Square, Wardha Road, Nagpur.440015 hereinafter called the party (which term and expression shall, unless repugnant E n to the context or meaning thereof mean and incrude representatives' successors' the said party as well his legal executors, administrators and assigns etc) of Partner Mr' AMtr the sECoND pART GopAUr HEpA. who has ;::Xi:::tJ.tlits been dury authorized to execute 1. M/5. PRASANNA DEVELOPERS AND M/S. PRASANNA PLANNERS deverop a rand situated hAVE AgTCEd tO at khasara No. g7, Jamtha, Nagpur - 441,1,0g. 2'ru/t' PRASANNA DEVELoPERS AND M/s' PRASANNA PLANNERS have agreed to share ;HT:,#:Tn;,:l;jffi::i*i?,on i ",,ri *" ", M/s prasanna Deve,opers and ,",.,"jiffi^;::ffiXff;]J#:: joint Venture in the name orM/s. prasanna a AND wHEREAS for the diverse reasons and good causes, the land in to plot scheme both the parties have decided in the name and styre to deverop plots to interested of "Moreshwar park 5,, and buyer. further toseil these AND Now THEREF,RE it is mutually agreed by and between the parties hereto as folows. 1' That the MoU is effective from 30th Jan 2o23and sharl completion of the said project' remain in force up to This MoU may be terminated, one month written notice, without cause, by any party which notice sha, be derivered upon by hand. 2' That both the parties have to sign and submit various documents physically and to make erectronicaly and or application, communications, representations, modification or before various authorities and do necessarv and regar compriance ilT:::t as and when ::il j :i : I ill ll lli :.' :::.: j I :.; i il,il fi ;:',H:. : :ffi : i : il'j':Jl. surviving :, and ,egaI heirs;r::#;;;;il;.,il::ilil",'j:J:::,';.^. partv 1T : ;::;::t'ji,Ie bank accounts. 4. That both parties sha ;;, ; ;;; ;# ilJ i,.[T[ any financial institution, ;ILt; : 1","::,:: :"i :.":,l:r : ffi ffi ., .,' ; r' " "* "; bank or private ; .,,, decided rate of interest rn ho intprpcr to ,.*"l;:,,;;'J,'i:T:H,i; ^^^- +^ be near to ^L the^ prevairing market rate. 5' That all necessary, proper, full, correct and regular accounts receipts' payments' engagements, of sales;,purchase, transaction, dealings, and things relating shall me made up and maintained to the business under the direct supervision shall have free access at all of both the parties. Each party the times without interruption or hindrance by any other to inspect, scrutinize or copy the same. 6' That any party may request for changes in this Mou. Any changes, revisions or amendments to modifications, this MoU which are mutuaily agreed parties to this MoU shall upon by and between the be incorporated by written instrument, and signed by both parties ErsLrvewhen executed q,,1. effective "e',1, and to this Mou. :: This Memorandum of understanding shall construct, interpreted, governed and applied in accordance with the laws, regulation, ordinances or the like and shall be subject to the exclusive jurisdiction of the Courts of Nagpur. The parties by their signatures below, have executed this agreement and agree to be bound by it. lN WITNESS WHEREOF the parties have signed this deed on the day, month and year first above written in the presence of the following witnesses. Party No. 01 M/s. Mr. N PROPRI PARTY NO. 02 M/s. PRASANNA PLANNERS *,.offi*o PARTNER f$*rqil Qffi*.. *ffi,It''[sII: ilAGffiM' $^H^RASITRA} J R z