LEASE DEED

This LEASE DEED is made and entered into at New Delhi on this ___ day of August, 2016
between:

MRS. NALINI CHOUDHRY, wife of [Link] Choudhry, resident of A-2/24 A,

Model Town, New Delhi (hereinafter referred to as the “Lessor” which expression shall,
unless it be repugnant to the meaning or context thereof, mean and include her heirs,
executors, administrators and assigns) of the ONE PART;

AND

Mr. KOSHA LEGAL, a partnership firm, having its registered office at 191, Satya Niketan
New Delhi 110021, through their partners Mr. Vaidant Chadha and Ms. Prerna Arora
(hereinafter referred to as the “Lessee” which expression shall, unless it be repugnant to the
meaning or context thereof, mean and include her heirs, executors, administrators and
assigns) of the OTHER PART.

WHEREAS the Lessor is the lawful owner of the property bearing no. C-218, basement,
Greater Kailash-I, New Delhi, vide Partition Deed Registration No. 2844, Page no. 153 to
165, Volume No. 665, Book No.1, dated 17th May, 2014, in the office of the sub-registrar,
New Delhi.

WHEREAS the aforesaid Lessee has requested and approached the Lessor to let out/use the
above said Basement and the Lessor has agreed to let out the same for limited period of two
years on the following terms and conditions:-

NOW THIS AGREEMENT WITNESSETH AS UNDER:

1. That the Lessor agrees to lease out the basement of C-218, Greater Kailash, New Delhi,
the movable and immovable parts of the said property are marked as ANNEXURE A
(hereinafter referred to as “the Demised Premises”).
2. That the Demise Premises is being let out by the Lessor for a limited period of 2 (two)
years with effect from 1st September, 2016, for office purpose of Lessee.

3. That the Lease shall start from 1 st September, 2016 (English Calendar Month) and shall
end on 31st August, 2018. The Lease may be extended thereon only on mutual consent of
both the Parties. However, in case of extension of Lease, a fresh Lease Deed shall be
executed by the Lessor and the Lessee.

4. That the Demised Premises is being let out at a monthly lease amount of Rs.25,000/-
(Rupees Twenty Five Thousand Only) (hereinafter referred to as “the Consideration”),
payable in advance on or before 7th day of each month to the Lessor by the Lessee.

5. That the Parties mutually agree that the Consideration shall be increased by 10% after the
completion of one year of the Lease Deed for the subsequent year.

6. That the Lessee shall pay one month advance Consideration of Rs.25,000/- (Rupees
Twenty Five Thousand Only) to the Lessor, which shall be adjusted in the first one month
of the Lease period.

7. That the Lessee has paid a security deposit equivalent to two months of Consideration,
i.e. Rs.50,000/- (Rupees Fifty Thousand Only) (hereinafter referred to as “the Security
Deposit”) by way of cheque drawn in favour of the Lessor dated 30/08/2016 bearing
cheque number ‘816111’ drawn on State bank Of India, South Campus Branch, New
Delhi-110021, which shall be kept as interest free security deposit. The Security Deposit
shall be refunded by the Lessor to the Lessee before the vacation of the premises after
deducting dues or damages, if any.

8. That the Lessee apart from the security deposit, has issued twelve (12) post dated cheque
of Rs.25,000/- (Rupees Twenty Five Thousand Only) to the Lessor in advance towards
the Consideration of twelve (12) months through the personal account of one of the
Partners of the Lessee Firm. The cheque numbers issued in the favour of the Lessor are
816112, 816113, 816114, 816115, 816116, 816117, 816118, 816119, 816120, 816121,
816122, 816123 all drawn by State Bank of India, South Campus Branch, New Delhi-
110021.
9. That the Lessee shall pay a sum of Rs.500/- (Rupees Five Hundred Only) per day as
penalty in case of cheque bounce so issued for Consideration.

10. That the Lessee, in addition to the Consideration shall pay electricity charges as per the
separate meter for the Demised Premises to the concerned authority as per the due
date .from 1st September 2016. The lessor will ensure no dues in respect of the scheduled
premises at the time of possession.

11. That the Lessor agrees to provide a line for water booster for the purpose of regular
supply of water, the cost of which shall be paid by the lessee to a maximum of Rs. 500.
And no separate water charges will be borne by the lessee.

12. In case of any damage to the electricity meter or the water booster, the cause of damage
shall be assessed. On any damage caused by the Lessee, the cost/penalties/demands by
the authorities shall be borne by it. However, on assessment if it is found that the damage
is caused due to a technical fault or by force majeure, the demands/penalties/cost of the
same for the repair shall be borne by the Lessor.

13. That the Lessor agrees and acknowledges that any Annual Maintenance Contract for the
lift or the generator, building maintenance, etc. shall be borne by the Lessor herself.

14. The Lessor agrees and acknowledges that the phone network is not available in the
basement and for the said reason, the Lessor and Lessee shall be jointly investing in a
network booster to be installed in the basement for cellular networks to be functioning.

15. That the Lessor acknowledges that the Demised Premises is being leased out to run an
office space for lawyers and hence would have visitors on regular basis along with long
working hours. The Lessor ensures smooth movement of such visitors without any
hindrance of access to the Demised Premises.

16. That the Lessor agrees and acknowledges that the Lessee may carry out any additions and
alteration in the Demised Premises as long as there are no structural or technical
additions/alterations to the Demised Premises.
17. That the Lessee shall permit the Lessor or an authorized representative of the Lessor to
enter upon the Demised Premises at all reasonable times for the purpose of either
inspection or repair of the Demised Premises as and when required. However, such visit
shall be intimated to the Lessee in advance and shall be made at a time mutually
convenient to both the Parties.

18. That the Lessee shall abide by all the rules, regulations and by-laws duly framed by the
local authorities and shall not violate the same.

[19.] That the Lessee shall not store in the Demised Premises any hazardous
goods/explosives/combustible nature goods which may cause risk by fire or materials
which on account of their weight or nature , may cause damage or danger to the safety of
the building in which the Demised Premises is situation.

19.[20.] That the Lessee shall be responsible to restore the Demised Premises in the same
good running condition with all the fittings and fixtures as provided by the Lessor at the
time of handing over the possession of the Demised Premises at first.

20.[21.] That the Lessee agrees to peacefully vacate the Demised Premises on the expiry of
the Lease Period unless agreed by the Parties for further extension.

21.[22.] That the Lessee has been assured and satisfied by the Lessor that at the time of
signing of the Lease Deed, all the sanitary, electrical fittings and fixtures are in a perfectly
working condition, nothing provided by the Lessor is broken or missing.

22.[23.] That the Lessee shall be responsible to attend all the minor day-today repairs at its
own cost. However, the Lessor shall attend to all major repairs, when required.

23.[24.] That either Party may terminate the Lease Deed with or without cause by giving two
(2) months notice to the other.

24.[25.] That on expiry/termination of the said Lease Deed, the Lessee shall peacefully vacate
the Demised Premises on the expiry or termination of the Lease Deed, if not extended
further mutually by the Parties. The Lessee shall handover the vacant possession of the
Demised Premises in good condition to the Lessor.
25.[26.] That any dispute arising out of the Lease Deed shall be resolved amicably between
the Parties. However, in case of failure of such amicable settlement, the Parties shall
resolve the dispute by way of mediation. In case the matter is not yet resolved by way of
mediation, the Parties shall refer the matter for Arbitration which is to be appointed as per
the Arbitration & Conciliation Act, 1996. The seat of the Arbitration shall be New Delhi
and the Arbitration shall be carried out completely in English language.

26.[27.] That the Agreement shall be governed and construed in accordance with the laws of
India with the courts of New Delhi, to the exclusion of all other courts, shall have the
jurisdiction to entertain any disputes arising out of the Lease Deed.

27.[28.] That the applicable stamp duty for the purpose of registration of the Lease Deed shall
be borne by the Parties equally.

28.[29.] That the Parties confirms that they have agreed to enter into this Lease Deed after
fully understanding the terms and conditions hereof.

IN WITNESS WHEREOF, the Parties hereto have executed this Lease Deed on the day,
month and year mentioned hereinabove.

(LESSOR) (LESSEE)

WITNESSES:
1._________________ 2.___________________
 ANNEXURE A
DEMISED PREMISES

The Demised Premises shall include the following:

1. Basement Area admeasuring ______ sq. ft.
2. Easement Rights to the basement.
3. Air Conditioner -1
4. Work Table -1
5. Independent Electricity meter
6. Water Booster
7. 1 Pantry with fixed cupboards
8. 1 Bathroom consisting of basic amenities
9. Electric Switches – (count and check the nos.)
10. Marble slab with wooden legs fixed to the wall