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RENT AGREEMENT

This Rent Agreement is executed at Bahadurgarh on 9th day of November 20223 between:-

1. Sh. Neeraj Lakra Aadhar No. 2224 4842 2634 S/o Sh. Hari Ram R/o H.No. 34 , Near
Barat Ghar Ranholla , Nangloi Delhi-110041 (hereinafter called the owner/ first party of
the first part )

AND

2. Sh. Govind Aggarwal (Govind Polymers) Aadhar No. 7309 1453 6215 S/o Sh. Hari
Charan Aggarwal R/o B-6/183-184 , Sector-7, Rohini, Delhi (hereinafter called the tenant/
second party of the second part).

The expression "owner" and the " tenant" unless repugnant to the context shall include and
mean there respective successors, legal representatives and assigns).

Whereas the first party is absolute and undisputed owner in possession of Industrial building
constructed on the Plot No. 186 situated at Sector-17 , Footwear Park, Bahadurgarh ,
District Jhajjar, Haryana-124507 measuring 450 Sq. MTR

First Party Second Party Witnesses


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And whereas the second party has approached the owner/first party with a proposal to get the
said building with power supply connection meter account number referred above from the
first party on monthly Rent basis for the purpose to run the industry in the said premises.
And whereas the first party has agreed to let out the said premises at the monthly rent of Rs.
25,000/- (Rupees Twenty five thousand Only) per month for a period of 11 month
commencing w.e.f. 13th of November 2023 for the Industrial purpose only .

1. That the monthly rent of Rs. 25,000/- (Rupees Twenty Five thousand Only) will be paid
by the tenant latest by 10th of every English Calender month in advance to the first party in
NEFT/cheque and rent for the month November has been paid in advance from the execution
of this deed of Rent Agreement.

2. That the required NOC in respect of his Industrial Unit from the concerned Fire Brigade/
Pollution Department and any concerned department as specified by Govt. will be obtained
by the second party at his own level, cost and expenses. Only the second party will be liable
and responsible for any type of casualty, accident, mis-happening occurs in the premises
under reference, first party will not be responsible in any way and method for the same and
also for any unauthorized act, activities done by the second party.

3. That the premises under reference shall be used for Industrial purpose only and second
party hereby agrees not to make structural changes, additions and alterations in the demised
premises except partition and cabins for proper utilization of the space. The second party
(tenant) shall not damage the building during the tenancy period if somehow any damages
occur even naturally, then the same will be the absolute responsibility of second party and
also be liable to make good for the same by the second party (tenant) at his own cost and
expenses . That if any change in structural form of the building is done by the second party
by first party consent then during vacating the premises the building will be handed to the
first party in the same condition as received the second party and if the second party will not
hand over the building in the same.

4.
a) That the Second Party shall be liable for any damage during the tenancy period at the
premises caused by Natural disaster i.e. normal wear & tear like fell down of Plaster, pay all
taxes, charges, etc. or any other local civic body entitled on the premises during the tenancy
period. And if the second party will not pay such expenses then the expenses will be deducted
from the Security deposited. If the damage to the premises is more than the deposited security
then the second party will pay the remaining amount and if the second party will not pay then
the first party will recover the remaining amount through court case and the second party will
be liable for the charge of court or other authority.

b) The second party shall be liable to pay the electricity and water charges bill consumed /
used by him and shall also be liable to deposit the same in the concerned Dept. on appropriate
time as fixed by the concerned department. And the receipt/or copy of receipt of bill
deposited at the concerned deptt. i.e. UHBVN, HSIDC etc. will be given to the first party.

First Party Second Party Witnesses


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5. a) The second party will also be liable for the repair and maintenance of Electrical
appliances viz., Transformer, Main Switch, other Switches, Meter, Electric fitting and its
other related parts and components at his own cost and expenses.
b) The ESI, Provident Fund and any other funds and charges, GST etc., which will occur
during the production be payable by the second party at his own level, first party will not be
responsible and liable for this in any way under any circumstances.

6. That the second party shall not be entitled to sublet, assign of part with the possession of
the whole or part of the demised premises to any one without the written prior permission of
the first party.

7. That in case of any of penalty imposed by any Govt./Semi Govt./ Local body department/
HSIIDC /UHB VNL upon the second party on account of non compliance of Govt. norms
rules and regulations/ misutilization of Electricity, water, sewer etc., the same will be borne
by the second party and also be liable for its consequences in all respect.

8. That the landlord/ first party shall not be held liable for any type of consequences and
other Govt. Rules/ policies like as acquirement, road widening, ceiling and such natural
calamities and unfavourable situations like as flood, fire etc. which may create any type of
problems and unfavourable circumstances for the second party and the second party shall
borne all the loss from its own

9. That this deed of agreement may be terminated by either party before the expiry/
completion of tenancy period giving by Two months clear cut notice or giving by Two
months rent in lieu thereof.

10. That the first party shall have no objection in taking any type of required Licence by the
second party from the Govt. /Semi Govt., Board, Govt. Undertaking Institution in the said
premises in its/his name to run the business/Industry as per Government, norms, rules and
regulations.

11. The First Party can visit the Factory during working hour and the second party will have
Reg. No. Exp. DL. 25/12 no objection.

12 That the second party will be paying the money for the maintenance Charges Electricity,
Water, sewage & other Charges & first party will give back deposited interest free security
after handing over the possession of the Plot/ factory by the second party.

13. That the 2nd party/ Tenant shall be liable and responsible for any accident, incident, fire,
injury, electric misuse or any other incidents during the tenancy period and the 1St Party/
Landlord shall not be liable for the same in any manner.

First Party Second Party Witnesses


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14. Tenant will not use the rented property for the purpose of Bank Loan/ mortgage etc. If the
tenant use the rented property for the purpose of bank loan mortgage then the tenant & bank
will be responsible for this. The landlord have no responsibility for this.

15. That If GST is not filled on time, owes money of any other person like bill pending or
borrowed money from any person then owner will not be responsible for anything all the
liabilities will be of tenant.

16. The premises will be return in the same condition as it is given on rent to the second
party.

17. That all the disputes subject to the Bahadurgarh, Haryana Jurisdiction. In witness whereof
both the parties have executed and signed this agreement on the date month and year herein
above mentioned.

Witness:
1. Signature of the First Party.

2. Signature of the Second Party.

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