leave and license agreement final draft

8/12/2019 Leave and License Agreement Final Draft

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AGREEMENT OF LEAVE AND LICENCE

THIS AGREEMENT made at Mumbai this ____ day of

__________, 2012, BETWEEN !1" MR. SAMEER SHAHSANK GURJAR a#d

!2" MS. PRADNYA SHARAD CHAPHEKAR !W$o MR% SAMEER SHASHAN&

G'R(AR" both adu)ts, I#dia# I#habita#ts, *esidi#+ at )at No% -0., -th )oo*,

Sa)/atio# ooe*ati/e Housi#+ So3iety 4td%, N% M% &a)e Ma*+, 5ada* !W"

Mumbai 6 700028, he*ei#afte* 3o))e3ti/e)y *efe**ed to as 9the 4IENS:R$S;

!<hi3h e=*essio# sha)) u#)ess it be *eu+#a#t to the 3o#te=t o* mea#i#+ the*eof

mea# a#d i#3)ude thei* hei*s, e=e3uto*s, admi#ist*ato*s, )e+a) *e*ese#tati/es,

su33esso*s a#d assi+#s" of the :#e >a*t%

A N 5



a e*iod of . Mo#ths <ith effe3t f*om 1st April !1" t# $1st M%r&' !1( fo* the

e=3)usi/e a#d so)e u*ose of *eside#3e of 4IENSEE%

2% It is fu*the* a+*eed bet<ee# the >a*ties he*eto that this 4ea/e a#d

4i3e#3e A+*eeme#t sha)) be subFe3t to the *o/isio#s of Se3tio# 27 of the

Maha*asht*a Re#t o#t*o) A3t, 1--- a#d$o* a#y othe* *o/isio# of )a< i# fo*3e to

that effe3t a#d a)) the disutes a*isi#+ u#de* these *ese#ts bet<ee# the >a*ties

he*eto sha)) ha/e e=3)usi/e Fu*isdi3tio# by the omete#t Autho*ity aoi#ted by

the Go/e*#me#t of Maha*asht*a u#de* the >*o/isio#s of the Maha*asht*a Re#t

o#t*o) A3t, 1---%

.% The 4IENSEE ha/e a+*eed to ay a sum of Rs%)!!)!!!$

!Ruees T<o 4a@h :#)y" as Se3u*ity deosit to the 4IENS:R$S fo* due

obse*/a#3e a#d e*fo*ma#3e of this a+*eeme#t, <hi3h amou#t <i)) be *efu#ded

by the 4IENS:R$S to the 4IENEE <ithout i#te*est o# the e=i*y of the

a+*eeme#t o* its ea*)ie* te*mi#atio# as *o/ided i# this a+*eeme#t a+ai#st

ha#do/e* /a3a#t, ea3efu) a#d e=3)usi/e ossessio# of the said f)at afte*

adFusti#+ to the amou#t if a#y due o* ayab)e to the 4IENS:R$S%

7% The 4i3e#se fee e* mo#th sha)) be aid o# o* befo*e 10 th day of

e/e*y mo#th by the 4i3e#see to the 4i3e#so* fo* a e*iod 3omme#3i#+ f*om 1 st

A*i) 2017 to .1st Ma*3h 201C% I# the e/e#t of a#y de)ay, the 4i3e#see sha)) be

)iab)e to ay i#te*est 1 e* a##um <hi3h the 4i3e#so*$s sha)) be e#tit)ed to

dedu3t f*om the Se3u*ity 5eosit as me#tio#ed he*ei#abo/e% Ho<e/e* the )o3@i#

e*iod sha)) be 1 mo#ths f*om the date of 3omme#3eme#t of A+*eeme#t i%e% 1st

A*i) 2017 to .1st Ma*3h 201

% o* the fi*st 12 mo#ths 4i3e#se fee e* mo#th sha)) be Rs% **)!!!+, !Ruees

ifty i/e Thousa#d :#)y"



Afte* 1 mo#ths 4i3e#se fee <i)) be i#3*eased to Rs. -!!!!$ !Ruees Si=ty

thousa#d% "

Afte* " mo#ths 4i3e#se fee <i)) be i#3*eased to Rs% -*!!!$ !Ruees Si=ty fi/e

thousa#d% "

Afte* 11 mo#ths, o#e mo#ths #oti3e must be +i/e# by the eithe* side fo* ha#di#+

o/e* the ossessio# of the f)at to the 4i3e#so*, as a#d <he# *eDui*ed%

% I# additio# to ayme#t of mo#th)y 4i3e#se ee as he*ei#abo/e

*o/ided, the 4IENSEE sha)) ay the 3ha*+es fo* e)e3t*i3ity, te)eho#e, i#te*#et

a#d 3ab)e 3o#sumed$used, i# the said f)at o# the basis of a3tua) as e* the bi))

issued by the 3o#3e*#ed Autho*ities% The 4i3e#see sha)) ay mo#th)y a*@i#+

3ha*+es as 3ha*+ed by the so3iety% The 4i3e#see he*eby u#de*ta@e to ha#do/e*

to 4i3e#so*$s a)) o*i+i#a) E)e3t*i3ity, Gas bi))s aid by the 4i3e#see immediate)y

afte* its ayme#t%

C% The )iabi)ity a#d Reso#sibi)ity of the 4i3e#see /i%MR MILIND

MORESHWAR G'%rpr/ to 3om)y <ith the te*ms a#d 3o#ditio#s of this

A+*eeme#t i# *ese3t of the said f)at%

8% The )i3e#see a+*ee that uo# the fai)u*e of the )i3e#see to 3om)y

<ith the Te*ms a#d o#ditio#s of this A+*eeme#t the )i3e#so*$s sha)) be at )ibe*ty

to +i/e time fo* ayme#t to a#y o#e o* mo*e of the )i3e#see o# /e*ba) o* <*itte#

3ommu#i3atio# <ithout *eFudi3e to the )iabi)ity of the )i3e#see o* a#y o#e o*

mo*e of them o* to a#yo#e o* mo*e of the *emedies a/ai)ab)e to the )i3e#so*$s%

-% The 4i3e#see sha)) use the )i3e#sed f)at as ba*e )i3e#see o#)y a#d

su3h use sha)) 3ease fo*th<ith o# eff)u= of time o* uo# soo#e* dete*mi#atio# of

this 4ea/e a#d 4i3e#se +i/e# to 4i3e#see a#d the 4i3e#see sha)) ha#d o/e* Duiet,

/a3a#t, ea3efu) a#d e=3)usi/e ossessio# of the said f)at to+ethe* <ith the

4IENS:RS fi=tu*es a#d fitti#+s )yi#+ the*ei# to the 4IENS:R$S%

10% The 4i3e#see he*eby 3o/e#a#ts <ith the 4i3e#so* as fo))o<sJ

!a" to ay *e+u)a*)y a#d u#3tua))y as *o/ided he*ei#abo/e the mo#th)y



)i3e#se fee a#d othe* amou#ts ayab)e by it to the 4i3e#so*%

!b" To use i# a *ude#t ma##e* the said f)at fo* the u*ose of

*eside#3e o#)y a#d fo* #o othe* u*ose <hatsoe/e*% The 4i3e#see

sha)) #ot 3a**y o# a#y i))e+a) a3ti/ities i# the said f)at%

!3" Not to dama+e a#y of the <a))s, a*titio#s <a))s, f)oo*i#+ a#d 3ei)i#+

of the said f)at o* a#y of the 4i3e#so* fi=tu*es, fu*#itu*e, fitti#+s a#d

a*ti3)es the*ei# a#d to @ee the same i# +ood o*de* a#d 3o#ditio#

!*easo#ab)e <ea* a#d tea* e=3eted"%

!d" Not to ai#t, affi= o* e=hibit a#y #ame, si+# symbo) +*ah o* <*iti#+

o* a#y othe* thi#+ uo# o* outside the said f)at sa/e a#d e=3et that

the 4i3e#see sha)) be at )ibe*ty to ut its #ame boa*d a#d$o* #ame

)ate o# the oute* doo* of the said f)at%

!e" The 4i3e#see sha)) #ot 3a**y out a#y <o*@ of e*ma#e#t a)te*atio#

<hethe* st*u3tu*a) o* #ot i# o* about the said f)at o* a#y o*tio#

the*eof%

!f" Not to ho)d the 4i3e#so*$s *eso#sib)e o* )iab)e fo* a#y )oss o*

dama+e suffe*ed by the 4i3e#see o# a33ou#t of dest*u3tio# 3aused

to o* i# the said f)at o* to a#y *oe*ty b*ou+ht by the 4i3e#see i# the

said f)at eithe* by fi*e, a33ide#t, theft o* othe*<ise o* by a#y a3t of

omissio# o# the a*t of the o33ua#ts of the othe* f)at i# the said

Bui)di#+%

!+" To ma@e +ood to the 4i3e#so*$s a#y )oss o* dama+e that may be

3aused to the said f)at a#d eDuime#t o* aa*atus o* a#y othe*

fitti#+s, fi=tu*es, a*ti3)es o* *oe*ty of the 4i3e#so* the*ei# as a

*esu)t of #e+)i+e#3e o# the a*t of the 4i3e#see%

!h" Not to do o* e*mit to be do#e uo# the said f)at a#ythi#+ <hi3h may

be o* be3ome a #uisa#3e to the 4i3e#so*$s o* the othe* o33uie*s of

the said f)at o* to a#y of the #ei+hbou*i#+ f)at o* <hi3h may

*eFudi3ia))y affe3t the *i+hts of the 4i3e#so*$s%



!i" Not to b*i#+ o* sto*e i# the said f)at a#y 3ombustib)e o* othe*<ise

da#+e*ous mate*ia) as may imai* the safety of the bui)di#+ o* the

said f)at%

!F" To e*fo*m a#d obse*/e st*i3t)y the *o/isio#s he*eof a#d a)so the

)a<s fo* the time bei#+ i# fo*3e a#d a)so the *u)es a#d *e+u)atio#s

a#d bye)a<s of the So3iety a#d a)i3ab)e to the said f)at i# <hi3h

the said f)at is situated fo* the time bei#+ a#d f*om time to time i#

fo*3e%

!@" Not to 3)aim e=3)usi/e ossessio# of the said f)at, su3h e=3)usi/e

ossessio# of the said f)at bei#+ <ith the 4i3e#so* a#d #ot to 3)aim

te#a#3y *i+hts o* a#y othe* *i+ht, hi+he* tha# the )imited *i+ht to use

the )i3e#sed f)at du*i#+ the )i3e#sed e*iod a#d #ot to 3)aim a#y

*ote3tio# as te#a#t o* *ote3ted )i3e#see u#de* the Re#t A3t%

!)" To i#dem#ify the 4i3e#so*$s a+ai#st a#y )oss o* dama+e that may be

suffe*ed as a *esu)t of b*ea3h of a#y of the *o/isio#s he*ei#

3o#tai#ed o* othe*<ise due to a#y a3t o* 3o#du3t of the 4i3e#see,

)eadi#+ to b*ea3h of the *o/isio#s he*eof o* of )a< o* of the *u)es

a#d *e+u)atio#s a#d bye)a<s of the So3iety, as may be i# fo*3e fo*

the time bei#+ a#d f*om time to time%

!m" To *emo/e itse)f f*om the said )at <ith a)) its be)o#+i#+s a#d to

*esto*e the )i3e#sed f)at to its o*i+i#a) 3o#ditio# !*easo#ab)e <ea*

a#d tea* e=3eted" a#d )ea/i#+ the same i# the ha#ds of the

4i3e#so*$s <ithout a#y obFe3tio# o* obst*u3tio# o# the te*mi#atio# of

the )i3e#se he*eby +*a#ted%

!#" To e*mit the 4i3e#so*$s a#d$o* e*so# du)y autho*ied by him to

i#se3t the said f)at at a#y *easo#ab)e time%

11% I# the e/e#t of the 4i3e#see 3ommitti#+ defau)t i# ma@i#+ a#y

b*ea3h of the te*ms a#d 3o#ditio#s of the a+*eeme#t, the 4i3e#so*$s sha)) be

e#tit)ed to te*mi#ate this a+*eeme#t by +i/i#+ 1 days *io* #oti3e i# <*iti#+ a#d



uo# the 4i3e#see fai)i#+ to *e3tify the b*ea3h <ithi# the said e*iod%

12% The 4i3e#see sha)) u#de* #o 3i*3umsta#3es be e#tit)ed to assi+# o*

t*a#sfe* the be#efit of this a+*eeme#t to a#y othe* e*so#$s o# a#y basis

<hatsoe/e*%

1.% The stam duty, *e+ist*atio# 3ha*+es a#d a)) i#3ide#ta) e=e#ses

the*eof of these *ese#ts sha)) be bo*#e eDua))y by the 4i3e#see a#d 4i3e#so*%

17% The 4i3e#see sha)) use the said f)at fo* the u*ose of *eside#3e

o#)y a#d #ot fo* a#y @i#d of busi#ess a#d #o ob#o=ious, #uisa#3e, a#tiso3ia) o*

i))e+a) a3ti/ities o* a3t *eFudi3ia) to the #o*ms of de3e#3y o* #o*ma) etiDuette of

the so3iety sha)) be 3a**ied out by the 4i3e#see i# the said *emises% The

4i3e#see sha)) #ot )et, sub)et, assi+#, t*a#sfe* o* othe*<ise a*t <ith the

ossessio# of the said f)at o* a#y a*t the*eof to a#yo#e e=3et the

4IENS:R$S%

1% The 4IENSEE sha)) #ot 3)aim a#y demise o* te#a#3y *i+hts o* a#y

othe* *i+hts tha# those se3ifi3a))y me#tio#ed he*ei# a#d that this A+*eeme#t

me*e)y +i/es the *i+hts to the 4IENSEE to use the f)at fo* o33uatio# fo*

themse)/es fo* a+*eed e*iod fo* *eside#3e o#)y%

1% The 4IENSEE sha)) use the said f)at, fi=tu*es, fitti#+s a#d

i#sta))atio#s *o/ided i# the said f)at as a ma# of o*di#a*y *ude#3e subFe3t to

*easo#ab)e <ea* a#d tea* a#d )oss o* dama+e by fi*e, a33ide#t, a3t of God,

i**esistib)e fo*3e e=3eted a#d the 4IENSEE sha)) su**e#de* the same i# thei*

o*i+i#a) 3o#ditio#s, #o*ma) <ea* a#d tea* e=3eted, o# the e=i*y o* ea*)ie*

te*mi#atio# of this A+*eeme#t a#d ma@e +ood a#y dama+e$dama+es do#e to the

said f)at a#d$o* a#y a*t the*eof a#d$o* to the fi=tu*es, fitti#+s a#d i#sta))atio#s

the*ei# a#d$o* to a#y a*t of the bui)di#+ <he*ei# the said f)at is situated

i**ese3ti/e of the dama+es <i))fu) o* #ot% I# 3ase if a#y dama+es 3ause to the

<a))s$doo*s et3% of the said f)at, the 4i3e#see he*eby u#de*ta@e to +et it *eai#ted

a#d <e)) *eai*ed% The 4i3e#see he*eby autho*ise the 4i3e#so*$s to dedu3t su3h

amou#t of dama+es f*om the abo/e said Se3u*ity 5eosit amou#t%



1C% The 4i3e#so*$s sha)) #ot be he)d )e+a))y *eso#sib)e u#de* a#y

3i*3umsta#3es fo* the ast a#d futu*e a3ti/ities of the 4IENSEE 3o#du3ted

du*i#+ the e*iod of this A+*eeme#t%

18% The te*m 4i3e#see <he*e/e* the 3o#te=t so *eDui*es sha)) mea#

a#d be 3o#st*ued as 4i3e#see a#d the mas3u)i#e +e#de* <he*e/e* the 3o#te=t

so *eDui*es sha)) mea# a#d be 3o#st*ued as the femi#i#e +e#de* a#d /i3e /e*sa

a#d the use of the si#+u)a* sha)) i#3)ude )u*a) a#d /i3e /e*sa%

1-% A)) Mai#te#a#3es Bi))s a#d out+oi#+ i# *ese3t of the said f)at due

a#d ayab)e to Sa)/atio# ooe*ati/e Housi#+ So3iety 4td%, sha)) be aid by the

4IENS:R$S% Ho<e/e* a#y ta=es, duty, )e/y 3ess 3ha*+es et3% as may be

imosed by the so3iety a#d$o* a#y autho*ity <ith effe3t f*om 1 st eb*ua*y, 2012

sha)) be *eimbu*sed by the 4i3e#see to the 4i3e#so*$s%

20% It has bee# se3ifi3a))y a+*eed bet<ee# the 4i3e#so* a#d 4i3e#see

that the )i3e#se fee as se3ified i# the a+*eeme#t sha)) be aid by d*a<i#+

3heDue i# fa/ou* of Shasha#@ 4% Gu*Fa* , <hi3h sha)) be 3o#st*ued as ayme#t of

the )i3e#se fee as due a#d ayab)e to the 4i3e#so* by the 4i3e#see%

THE SCHEDULE A0OVE REFERRED TO

A44 that )at No% -0. admeasu*i#+ 800 sD% ft% Bui)tu a*ea o# the

-th )oo* of the Sa)/atio# Aa*tme#t ooe*ati/e Housi#+ So3iety 4td%, situate at

>)ot No% 8C, T>SI?, N% M% &a)e Ma*+, 5ada* !<est", Mumbai 6 700028 ha/i#+

sti)t K 11 ue* f)oo*s situated o# *oe*ty bea*i#+ i#a) >)ot No% 8C, %S%

No%1272 !a*t", 4o<e* >a*e) 5i/isio#, i# the Re+ist*atio# 5ist*i3t of Mumbai ity%



IN WITNESS WHERE:, the >a*ties he*eto ha/e he*eu#to set a#d

subs3*ibed thei* *ese3ti/e ha#ds the day a#d yea* fi*st he*ei#abo/e <*itte#%

SIGNE5 AN5 5E4I?ERE5 by "

The <ithi##amed 4IENS:R$S "

!1" MR. SAMEER SHAHSANK GURJAR "

!2" MS. PRADNYA SHARAD CHAPHEKAR "

!W$o MR% SAMEER SHASHAN& G'R(AR" "

Th*ou+h thei* 3o#stituted atto*#ey "

________________________________ "

__________________________________ "

I# the *ese#3e of "

1"

2"

SIGNE5 AN5 5E4I?ERE5 by the "

Withi##amed 4IENSEE "

MR. MILIND MORESHWAR "

I# the *ese#3e of "

1"

2"



DATED THIS 22222 DAY OF 2222222222) !1"

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ...LICENSOR+S

AND

314 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

34 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ...LICENSEE

AGREEMENT OF LEAVE AND LICENCE

leave and license agreement final draft

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