LEAVE AND LICENSE AGREEMENT

Particulars Amount Paid GRN/Transaction Id Date

Stamp Duty Rs. 12961.50/- MH007680439202122E 12/01/2023
Registration Fee Rs. 1000/- MH007680439202122E 12/01/2023

LEAVE AND LICENSE AGREEMENT

This agreement is made and executed on 12/01/2023 at Mumbai
Between,

1) Name: Mrs Khan Nahid , Age : About 50 Years, PAN : AMWPK0498A Residing at: Flat No:D

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1/9/104, Building Name:Yamuna nagar Chs ltd, Block Sector:Opp movie Tower Oshiwar, Road:-,
Andheri West, Mumbai, Maharashtra, 400053

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through his P.O.A. Mr. Khan Furquan Mohammed, Age : About 54 Years,PAN: AMEPK0850E
Residing at: Flat No:D 1/9 103, Building Name:Yamuna Nagar Chs Ltd, Block Sector:Oshiwara,

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Road:New Link Road, Andheri West, Mumbai, Maharashtra, 400053

HEREINAFTER called ‘the Licensor (which expression shall mean and include the Licensor above
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named and also his/her/their respective heirs, successors, assigns, executors and administrators)

AND
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1) Name: Mr.Jain Jainam Kishanlal , Age : About 22 Years, Occupation : Business, PAN :
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AGXPJ0542K, Email-id: jainam.k.jain10@gmail.com Residing at: Flat No:402, Floor No:4, Building
Name:Hemprabha chs, Block Sector:Vileparle East, Road:Chittaranjan Road, -, Mumbai,
Maharashtra, 400057
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HEREINAFTER called ‘the Licensee’ (which expression shall mean and include only Licensee
above named).

WHEREAS the Licensor is absolutely seized and possessed of and or otherwise well and
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sufficiently entitled to all that constructed portion being unit described in Schedule I hereunder
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written and are hereafter for the sake of brevity called or referred to as Licensed Premises and
is/are desirous of giving the said premises on Leave and License basis under Section 24 of the
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Maharashtra Rent Control Act, 1999.

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AND WHEREAS the Licensee herein is in need of temporary premises for Non-Residential use
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has/have approached the Licensor with a request to allow the Licensee herein to use and occupy
the said premises on Leave and License basis for a period of 48 Months commencing from
01/12/2022 and ending on 30/11/2026, on terms and subject to conditions hereafter appearing.

AND WHEREAS the Licensor have agreed to allow the Licensee herein to use and occupy the
said Licensed premises for his aforesaid Non-Residential purposes only, on Leave and License
basis for above mentioned period, on terms and subject to conditions hereafter appearing;

NOW THEREFORE IT IS HEREBY AGREED TO, DECLARED AND RECORDED BY AND

BETWEEN THE PARTIES HERETO AS FOLLOWS:-

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 LEAVE AND LICENSE AGREEMENT

1) Period: That the Licensor hereby grants to the Licensee herein a revocable leave and license,
to occupy the Licensed Premises, described in Schedule I hereunder written without creating any
tenancy rights or any other rights, title and interest in favour of the Licensee for a period of 48
Months commencing from 01/12/2022 and ending on 30/11/2026

2) License Fee & Deposit:That the Licensee shall pay to the Licensor the following amount per
month towards the compensation for the use of the said Licensed premises.
a) Rs. 50000/-(Fifty Thousand Only) per month for the first 12 months,
b) Rs. 55000/-(Fifty-Five Thousand Only) per month for the next 12 months,
c) Rs. 60500/-(Sixty Thousand Five Hundred Only) per month for the next 12 months,

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d) Rs. 66550/-(Sixty-Six Thousand Five Hundred and FiftyOnly) per month for the next 12 months.
The amount of monthly compensation License fee shall be payable within first five days of the

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concerned month of Leave and License. Licensees shall also pay to the Licensor Rs. 6000000

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interest free refundable deposit, for the use of the said Licensed premises.

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3) Payment of Deposit: That the Licensee have paid / shall pay the above mentioned
deposit/premium as mentioned above by Cheque/NEFT/RTGS No. xxxxxxx, dated – 05/12/2022 ,
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drawn on the Licensee’s Banking Account with Other than the list Bank, xxxxx Branch. Amount
Rs.6000000/-(Sixty Lakh Only)
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4) Maintenance Charges: That the all outgoings including all rates, taxes, levies, assessment,
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maintenance charges, non occupancy charges, etc. in respect of the said premises shall be paid
by the Licensor.

5) Electricity Charges: The licensee herein shall pay the electricity bills directly for energy
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consumed on the licensed premises and should submit original receipts to Licensor indicating that
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the electricity bills are paid.

6) Use: That the Licensed premises shall only be used by the Licensee for Non-Residential
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purpose.The Licensee shall maintain the said premises in its existing condition and damage, if any,
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caused to the said premises, the same shall be repaired by the Licensee at its own cost subject to
normal wear and tear. The Licensee shall not do anything in the said premises which is or is likely
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to cause a nuisance to the other occupants of the said building or to the prejudice in any manner to
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the rights of Licensor in respect of said premises or shall not do any unlawful activities prohibited
by State or Central Government .
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7) Alteration: That the Licensee shall not make or permit to do any alteration or addition to the
construction or arrangements (internal or external) to the Licensed premises without previous
consent in writing from the Licensor.

8) No Tenancy: That the Licensee shall not claim any tenancy right and shall not have any right to
transfer, assign, and sublet or grant any license or sub-license in respect of the Licensed Premises
or any part thereof and also shall not mortgage or raise any loan against the said premises.

9) Inspection: That, the Licensor shall on reasonable notice given by the Licensor to the Licensee
shall have a right of access either by himself / herself / themselves or through authorized
representative to enter, view and inspect the Licensed premises at reasonable intervals.

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 LEAVE AND LICENSE AGREEMENT

10) Lock in period: Both the parties have agreed to set a lock-in period of 12 months during which
neither the Licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the
premises on his own during the lock-in period.In spite of this mandatory clause, if the licensee
leaves the premises for whatsoever reason, he shall pay to the Licensor license fee for the
remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor
shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been
asked to vacate the premises.

11) Cancellation: That, Subject to the condition of lock in period (if any), if the Licensee commits
default in regular and punctual payments of monthly compensation as herein before mentioned or

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commit/s breach of any of the terms, covenants and conditions of this agreement or if any
legislation prohibiting the Leave and License is imposed, the Licensor shall be entitled to revoke

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and / or cancel the License hereby granted, by giving notice in writing of one month and the

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Licensee too will have the right to vacate the said premises by giving a notice in writing of one

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month to the Licensor as mentioned earlier.

12) Possession: That the immediately at on the expiration or termination or cancellation of this
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agreement the Licensee shall vacate the said premises without delay with all his goods and
belongings. In the event of the Licensee failing and / or neglecting to remove himself and / or his
articles from the said premises on expiry or sooner determination of this Agreement ,the Licensor
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shall be entitled to recover damages at the rate of double the daily amount of compensation per
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day and or alternatively the Licensor shall be entitled to remove the Licensee and his belongings
from the Licensed premises, without recourse to the Court of Law.
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13) Miscellaneous: THE LICENSEE CANNOT SUBLEASE THE SHOP IN ANY TYPE AND
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MANNER. The licensee is permitted to carry business of his own and can to interior work. Notice
period for termination of agreement will be 3 months.

14) Registration: This Agreement is to be registered and the expenditure of Stamp duty and
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registration fees and incidental charges, if any, shall be borne by the Licensee and Licensor
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equally .
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SCHEDULE I
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(Being the correct description of premise Shop which is the subject matter of these presents)
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All that constructed portion being Non-Residential unit bearing Shop No. B/8, Built-up :270 Square
Feet, situated on the Ground Floor Floor of a Building known as 'Dhavalgiri Apna Ghar Unit no 8
Chs' standing on the plot of land bearing C.T.S. Number :00,Road: Swami Samart Nagar
Lokhandwala Complex, Location: Andheri West Mumbai 400053, of Village:Oshivara,situated
within the revenue limits of Tehsil Andheri and Dist Mumbai Sub-urban District and situated within
the limits of Mumbai Municipal Corporation.

IN WITNESS WHEREOF the parties hereto have set and subscribed their respective signatures by
way of putting thumb impression electronic signature hereto in the presence of witness, who are
identifying the executants, on the day, month and year first above written.

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 LEAVE AND LICENSE AGREEMENT

Name & Address Photo Thumb Image Digitally

signed
Licensor
Mrs Khan Nahid through his P.O.A Mr. Khan
Furquan Mohammed
Address:Flat No:D 1/9 103, Building Not Available
Name:Yamuna Nagar Chs Ltd, Block
Sector:Oshiwara, Road:New Link Road, Andheri
West, Mumbai, Maharashtra, 400053

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Licensee
Mr.Jain Jainam Kishanlal

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Address:Flat No:402, Floor No:4, Building

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Not Available
Name:Hemprabha chs, Block Sector:Vileparle
East, Road:Chittaranjan Road, -, Mumbai,

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Maharashtra, 400057
Witness of execution of all executants
Hedalkar Sagar re
Address: Flat No:Office no 762, Floor
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No:Ground, Block Sector:Jogehswari east, Not Required
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Road:Shubhash Road, Mumbai, Mumbai,

Maharashtra, 400060
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Witness of execution of all executants

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Matkar Rohan
Address: Flat No:Office no 762, Floor
No:Ground, Block Sector:Jogeshwari East, Not Required
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Road:Shubhash Road, Mumbai, Mumbai,

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Maharashtra, 400060
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_______________________________________________________________________
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Admission Of Execution / Identification

The following parties have admitted that they have executed the Agreement of Leave and Licenses
& the identifires have stated that they are well acquainting to the said parties.They have given their
consent to, Department of Stamp and Registration,Maharashtra State to obtain their Aadhaar
number, Name and fingerprint for authentication with UIDAI and their identity has been verified with
the UIDAI.

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 LEAVE AND LICENSE AGREEMENT

Type of Party, Date & Time of Date ,Time of Information received from
Name & UID Admission Verification UIDAI(Name,Gender,Aadhaar No,Photo)
with UIDAI
Licensee
Jain Jainam 05/12/2022 05/12/2022 Jainam Kishanlal Jain, Male,
Kishanlal 08:55:41 PM 08:56:18 PM XXXX XXXX 6517

licensor
Mrs Khan Nahid

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through her 05/12/2022 05/12/2022 Furquan Mohammed Khan,
P.O.A. Khan 09:06:39 PM 09:10:11 PM Male, XXXX XXXX 1815

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Furquan

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Mohammed
identifier for all

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executants 15/12/2022 15/12/2022 Sagar Satyavan Hedalkar, Male,
Hedalkar Sagar 05:09:33 PM 05:10:00 PM XXXX XXXX 7326

identifier for all

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executants 15/12/2022 15/12/2022 Rohan Chandrakant Matkar,
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Matkar Rohan 05:10:08 PM 05:12:01 PM Male, XXXX XXXX 8419

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