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Memorandum of Understanding

This is a mutual understanding between two parties for


trading business and ROI (Return of Investment) for same as
committed below.

Party 1 referred as MohleshN Darji.

Party 2 referred as Khistariya Kajalben Keshubhai.

1. Party2 has agreed to pay the sum of amount INR 4 lakhs


{RS.400000} by Cheque no 000017 of HDFC bank Memnagar
branch Ahmedabad in favor of Mr. Mohlesh Darji dated 21 st July
2022.
2. In return Party1 has abided to pay the sum amount of INR
(Rs.80000) monthly after 30 days of an investment till 12 months.
Start date will be considered as soon as an instrument get cleared
in bank account.
3. Amount invested by Party2 is for trading purpose and cannot
claim an investment amount here after and will only be liable to
get the sum of amount Rs. 80000 till 12 months.
4. In case of party1 failing to pay committed amount to party2 shall
repay with interest as can be verbally mutually decided between
two parties.
5. In Case of cheque not getting cleared this MOU shall stand forfeit
and no claims can be considered by any means.
(2)

Above mentioned are the terms & conditions decided


between two parties and in case of conflict it is subject to
Ahmedabad Jurisdiction.

Date:- 21/07/2022

Place:- AHMEDABAD

Party1

(Mohlesh N Darji)

Party2

(Khistariya Kajalben Keshubhai)

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