r .») -r:"r.,....~~~. " .".:~ \~'.;., J ~.~I'~'·· it' ; : :111,; t.~ij ~ ,!, •, n; ':T.~I ,. ........ 'is . t..:.J w· tt'~,Yil"f ' 1'·;. f~~a> rl"~~ , '..... \..p •• ~ \1I. a-;q-(1~'{T~n~R _ I I L-_ .- LEAVE AND LICENSE ;;;- This Leave and License is made and executed at Chh. Sambhajinagar on this zo" day of September, 2024 . • • ~ ,~ BETWEEN ,~ I'i. AMRUT DEVELOPERS '- Partnership Firm of (PAN: AAKFA6857B) Having its Registered Office At: • RIo: Office No. 207, Labh Chambers, Station Road, Chh. ~ Sambhajinagar-431001. ~ ~ i Through its Partner; r ' .Mr. Vijay 5/0 Ramdas Sakarwar •.~ .. ".Age:48 Years, Occ. Business, .J.,,: ~ ')~::.:Office No. 207, Labh Chambers, Station Road, Chh. Sambhajinagar- :;;',:,'::LLi, 31001. ~...':O'~·"er.~.inafter referred to as LICENSOROR PARTYOF FIRSTPART -< (Which expression unless be repugnant to the context or meaning thereof be \' '/#.", , " ~ '~/:.T': deemed to include all their members, heirs, successors, executors, ~".' . . . ~.. administrators, assigns etc.), of the FIRSTPART. AND M/S.M 5 M INFRA A Partnership Firm of (PAN: ABXFM0703C) Having Its Registered Office At: Rio: Office No. 207, Labh Chambers, Station Road" Chh. Sambhajinagar- 431001. Through its Partner; Mr. Salaji Chandrabhan Patil Rio. 23, Aradhana Housing Society,Town Center, CIDCO, Chh. Sambhajinagar- 431003. Hereinafter called the LICENSEEOR PARTYOF SECOND PART (Which expression unless be repugnant to the context or meaning thereof be deemed to include the company, all his heirs, successors, executors, administrators, assigns etc.) of the other part. PROPERTYDESCRIPTION WHEREASthe LICENSORis the owner and possessor of Office. No. 207, Labh Chambers, Station Road, Chh. Sambhajinagar-431001 which is being given on Leave and License basis by way of this agreement and the shop being given on leave and license shall hereinafter be referred to as the "Demised Property" for the brevity's sake. AND WHEREAS,the Licensee herein is interested in taking the Demised Property on leave and license for running his business activities of Plotting, Builders and Developers, Construction, Real Estate Trading & Brokership'cL~n~."';'ioi"'~ Development wit~ Road, w_at~r, Electricity, Boundary, L.easingof :r~~.t~y.~<.<~"':l~.;~~ approached the Licensor with Its proposals and on detailed negotla~1,pnsIt W. '~,',', ,~ decided by the Licensor to give on leave and license basis the demised f §~', "~/i!,:' property to the Licensee on certain terms and conditions mutuaIlY:4~cid-e" . . iii", ~"',.- ,~, , ,~,; a, z:~:~- ,\ '.' ,~, - between the parties which are as follows: \t;.~.~~4, /~'" ,:~,~-;'_"jc _ "''''''A..~t).I.j,~~ - ·-t~~~."'(~I't':_\, ~ *....... .,.~_ ."1l"r.:1;-- ~:i "i,. (""--- "-"'~'''~~iL_ !hli:#' '" . NOW THIS LEAVE AND LICENSE DEED WITENESSETH AS UNDER: PERIOD OF LEAVE AND LICENSE 1. That, the period of Leave and License shall be for 36 months starting from 13/01/2023 and expiring on 12/01/2026 and the Licensee shall occupy the demised premises on Leave and License basis for the above period. COMPENSATION/RENT 2. The licensee shall pay Rs. 1,000/- (Rupees One Thousand Only) per month as and by way of monthly compensation/rent for the use of the said demised property in advance on or before 10thof every month. SIGNAGE SPACE 3. The Licensee shall be allowed to use the available signage space on the front side of the demised property. MAINTENANCE OF THE PREMISES 4. The Licensee shall keep the said demised property in good condition and shall not cause any nuisance and shall refrain from doing in day or night any act, which might be objectionable to the Licensor or the neighbors. RESTRICTION OF SUB-LETTING 5. The Licensee shall not keep, permit or allow anyone else to use the demised property or grant license to any other person to use and occupy or sublet nor shall transfer or assign the benefits of this agreement to any other person or persons. LEGAL BUSINESS 6. The Licensee has intimated that it shall use the demised property for running its business activity of Plotting, Builders and Developers, Construction, R~al Estate Trading & Brokership, Land Development with Road, Water, .",~:-,~~~;iI..~ r :~).\;a !;;,~ "~rf, ~ tricltv; Boundary, Leasing of Property and the Licensee shall carry the said 'ties in such a manner that It should not create any nuisance, any trouble indrance to the neighbors. Similarly, the Licensee should strictly observe . :: , de ules and regulations of Chh. Sambhajinagar Municipal Corporation, Police ~ a all other government and local authorities. '~' ft " TERMINATION 7. That, the Leave and License shall be automatically terminated immediately after the expiry of the license term i.e. 36 months and Immediately after that or on earlier revocation, and/or vacation, of said premises, as herein provided the Licensee shall remove itself together with all its articles/things, and handover the demised property to the Licensor, peacefully, and without any let/hindrance, in good order and condition {normal wear and tear expected}. TERMINATION PRIOR TO THE LICENSE PERIOD 8. That, either of the party to this Leave and License shall be entitled to terminate this Leave and License earlier than the period stipulated hereinabove, the desiring party shall give two months' notice in writing to the other party of such intention and accordingly the said agreement shall remain terminated on expiry of the notice period. However, the parties have decided that the license shall have a lock-in- period of 6 months. As such the option for termination can be exercised by either party only after the expiry of the decided lock-in-period. BREACH OF TERMS & CONDITIONS 9. That, in case the Licensee commits default in payment of the monthly COMPENSATION/RENTpayable by him as aforesaid for two consecutive months, or commits breach of any of the terms/conditions/covenants of THIS LEAVEAND LICENSE,without having to refer the matter to any court of law, or ~~ .....~!--== any other authority, the Licensor shall be at liberty to cancel this agreement '.:;~:>"~~{ * and take back the possession of the demised property. -, ..,~~:,~" ', . :; ,':"~.t ,~~ if 0 :~~~ ~v ~ .. <3£f f " shall be borne and paid by the Licensee. Further, the Licensor shall provide _,/,l' .~lie electric met~r in the demis.ed premi.ses and th~ licensee shall be e~titled • ."-to use the electric meter to be Installed In the demised property. The Licensee :.-;.;../ ...... shall bear the expenses of electricity bill for separate connection at actuals as 1 per the bills raised from time to time by the respective authority/department. SANCTIONS/ APPROVALS/ CHARG ES 13. It is specifically decided between the parties that responsibility of obtaining all the sanctions, licenses and other approvals required for running the activity shall be on the licensee and the charges for the same shall be borne and paid by the licensee. REGISTRATION 14. That the Licensee shall get this Leave and License Deed registered from the Licensor within one month from the date of these presents and that all the expenses of stamp duty, registration etc. in respect of Leave and License Deed shall be borne and paid by the Licensee. IN WITNESS WHEREOF, THE PARTIES HERETO HAVE HEREINTO SET AND SUBSCRIBED THEIR RESPECTIVE HANDS ON THIS DAY AND THE YEAR FIRST HEREINABOVE WRITTEN. (SIGNED, SEALED AND DELIVERED) By the within named IILlCENSOR" FOR AMRUT DEVELOPERS Through its Partner ~ 1 Mr. Vijay Ra~~ (LICENSOR) (SIGNED, SEALED AND DELIVERED) By the within named IILlCENSEE" FOR MIS M S M INFRA Through its Partner p ~ Mr. Balaji Chandrabhan Patil --------------------------------- (LICENSEE) WITNESS ~ l.Mr. Vicky Bharat Nihalani Age: 35 Years, Add: Sindhi Colony, Chh.Sambhajinagar ~ 2.Mr. Satish Haribahu Gaikwad Age: 31 Years, Add: Rahulnagar, Chh.sambhajinaga.r ATTE \