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LEAVE & LICENSE AGREEMENT

THIS LEAVE AND LICENSE AGREEMENT made and is executed at Mumbai on the

_____day o Decembe! "#$"%

BETWEEN

$&%MRS% ASHA 'AMALA'AR ()R'AR* +!esent,y !esidin- at A$$.$" Su!a/ Co0o1e!ati2e Housin- Society 3Anand Na-a!& 'isho!e 'uma! Gan-u,y Ma!-* 4uhu Ta!aRoad* 4uhu* Mumbai 5 6###67* he!einate! !ee!!ed to as the 8LICENS)R9 3:hich

ex1!ession sha,,* un,ess !e1u-nant to the context o! meanin- the!eo* mean and inc,ude

his successo!s and assi-ns& o the )ne +a!t%

AND

$&% MR% SAHIR ;AI

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WHEREAS:

a& The LICENS)R* is abso,ute,y seied and 1ossessed o and othe!:ise :e,, and

suicient,y entit,ed to membe!shi1 o De, House A1a!tments Co0o1e!ati2eHousin- Society Ltd%* 3he!einate! !ee!!ed to as 8the society9&* du,y !e-iste!ed

unde! the 1!o2isions o the Maha!asht!a Co0o1e!ti2e Societies Act* $7# bea!in-

Re-ist!ation No0()M.HSG.?" o $7" 3">0#0"& :ith the !i-ht o occu1ancyo the !esidentia, ,at bein- ,at No%7 admeasu!in- 7# s%t% ca!1et a!ea on the

ou!th ,oo! in the bui,din- Bno:n as 8De, House A1a!tments9 and situated at *

Cent!a, A2enue* Santac!u 3:est&* (ombay06###>6% 3the ao!esaid !esidentia, ,at

No%7 is he!einate! o! the saBe o b!e2ity be !ee!!ed to as 8the said Licensed+!emises9&%

b& The Licensee has !euested the LICENS)R to -i2e on ,icense the said ,icensed

1!emises a !esidentia, ,at :ith eect !om $st 4anua!y* "#$6 o! a 1e!iod o $"

months i%e% co2e!in- the 1e!iod $

st

4anua!y* "#$6 to

?$st

Decembe!* "#$6%c& (eo!e si-nin- this A-!eement* the LICENS)R ha2e satisied the Licensees

about thei! tit,e to the said !esidentia, 1!emises* -i2en necessa!y tit,e 1a1e!s andobtained 1e!mission o the said Society to -i2e such ,icense% The LICENS)R

ha2e -i2en a co1y o the SocietyFs 1e!mission to the Licensees

d& The +a!ties :ish to !educe the te!ms o thei! ,icense as unde!%

NOW THIS AGREEMENT WITNESSES AS FOLLOWS:-

$% The LICENS)R he!eby -i2e to the Licensees and the Licensees he!ebyacce1ts !om the LICENS)R* a ba!e non0t!anse!ab,e ,icense to use and

occu1y !esidentia, ,at No%7 on the 6 th,oo! in the bui,din- Bno:n as 8De,

House A1a!tments9 situated at * Cent!a, A2enue* Santac!u 3@est&* (ombay06###>6* admeasu!in- 7#s%t% 3ca!1et a!ea& 3he!einate! ca,,ed the said

Licensed +!emises& o! a 1e!iod o $" months commencin- !om $ st4anua!y*

"#$6 and endin- on ?$stDecembe!* "#$6 3both days inc,usi2e&%

"% In conside!ation o this A-!eement* the Licensees :i,, 1ay to the LICENS)R

a month,y ,icense ee o Rs%"6*###.0 3Ru1ees T:enty ou! Thousand )n,y& tothe Licenso!% The same :i,, be 1aid eua,,y at Rs%###.0 by each o the

Licensees%

?% The Licensees :i,, 1ay to the Licenso! the month,y ,icense ee ,atest by >tho

e2e!y month in ad2ance%

6% The Licensees ha2e issued t:e,2e1ost dated cheues o! Rs *###.0 each

3Ru1ees Ei-ht Thousand )n,y& d!a:n on ______ (anB ______(!anch*Mumbai to:a!ds thei! month,y ,icense ees cont!ibution o! the six months

co2e!in- $st 4anua!y* "#$6 to ?$st 4une*"#$6 as unde!J

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$%Cheue No% _______ dated ________ Rs%*###.0

"%Cheue No% _______ dated ________ Rs%*###.0

?%Cheue No% _______ dated ________ Rs%*###.0

6%Cheue No% _______ dated ________ Rs%*###.0

>%Cheue No% _______ dated ________ Rs%*###.0

%Cheue No% _______ dated ________ Rs%*###.0

%Cheue No% _______ dated ________ Rs%$*###.0

%Cheue No% _______ dated ________ Rs%$*###.0

7%Cheue No% _______ dated ________ Rs%$*###.0

$#%Cheue No% _______ dated ________ Rs%$*###.0

$$%Cheue No% _______ dated ________ Rs%$*###.0

$"%Cheue No% _______ dated ________ Rs%$*###.0

>% Simu,taneous,y :ith si-nin- this A-!eement* the Licensees ha2e 1aid to theLICENS)R* an inte!est !ee !eundab,e secu!ity de1osit a--!e-atin-

Rs%>#*###.0 3Ru1ees ity Thousand )n,y& by 6 Cheues o $"*>##.0 Cheue

dated ".$"."#$" bea!in- $& Cheue numbe! $#>>?$ d!a:n on HDC (AN'Mumbai o! Rs%$"*>##.0 3Ru1ees T:e,2e Thousand i2e Hund!ed )n,y& "&

Cheue dated ".$"."#$" bea!in- Cheue numbe! $#>>?? d!a:n on HDC

(AN'* Mumbai o! Rs% $"*>##.0 3Ru1ees T:e,2e Thousand i2e Hund!ed)n,y&% ?& Cheue numbe! #">$ d!a:n on ICICI (AN'* Mumbai o!

Rs%$"*>##.0 3Ru1ees T:e,2e Thousand i2e Hund!ed )n,y& 6 & Cheue

dated __.__."#$? bea!in- Cheue numbe! ______ d!a:n on _________

Mumbai o! Rs% $"*>##.0 3Ru1ees T:e,2e Thousand i2e Hund!ed )n,y&% TheLICENS)R sha,, !eund the said secu!ity de1osit to the Licensees* :ithout

inte!est* on the ex1i!y o! ea!,ie! te!mination o this ,icense%

% +a!ties he!eto a-!ee that0

a& I the Licensees ai,s to !emo2e himse,* his ami,y membe!s* hisse!2ants etc% and his be,on-in-s !om the said Licensed +!emises on

the ex1i!y o! ea!,ie! te!mination o the ,icense 3the LICENS)R bein-

ab,e and :i,,in- to !eund the de1osit&* the Licensees :i,, be ,iab,e to

1ay o! each day o deau,t* ,iuidated dama-es o Rs%$>##.0 3Ru1ees

)ne Thousand i2e Hund!ed )n,y& to the LICENS)R* :ithout1!e/udice to a,, the othe! !i-hts unde! ,a: o the LICENS)R

b& I the Licensees a!e :i,,in- to !emo2e himse, and his be,on-in-s !om

the said Licensed +!emises on the ex1i!y o! ea!,ie! te!mination o this,icense but the LICENS)R* o! any !eason :hatsoe2e!* ai,s to !eund

the secu!ity de1osit by then* the Licensees sha,, be entit,ed to !emain

in occu1ation o the said Licensed +!emises :ithout 1ayin- any

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,icense ee o! othe! cha!-es unti, the LICENS)R !eunds the same

to-ethe! :ith inte!est at the !ate o $K 1e! annum% This !i-ht o the

Licensees :i,, be :ithout 1!e/udice to such othe! !i-hts as the ,a: may1!o2ide to the Licensees%

% The Licensees :i,, use the said Licensed +!emises o! !esidentia, 1u!1ose on,y

and the Licensees :i,, be ,iab,e and !es1onsib,e to ensu!e that he himse,* his

ami,y membe!s* and se!2ants mo2e out o the said Licensed +!emises on theex1i!y o! ea!,ie! te!mination o the ,icense* :ith thei! be,on-in-s%

% The Licensees and the Licenso! a-!ee that the!e :ou,d be an initia, ,ocB in1e!iod o ? months o! the 1e!iod o ,icense% In othe! :o!ds* !om 4anua!y $ st*

"#$? to Ma!ch ?$st *"#$?* the Licensees and Licenso! sha,, not be ab,e to

te!minate o! cance, this ,icense* exce1t as 1!o2ided be,o:J0

a& The Licenso! :i,, be ab,e to te!minate this ,icense i the LICENSEEScommits any deau,t unde! this A-!eement%

b& The Licensees :i,, be ab,e to te!minate this ,icense in the e2ent oo!ce Ma/eu!e occu!s% o! the 1u!1ose o this sub0c,ause* o!ce

Ma/eu!e :i,, inc,ude i!e* tem1est* ea!thuaBe* ,i-htenin-* ex1,osion*

te!!o!ist attacB o! any othe! cause o! e2ent by !eason o :hich the saidLicensed +!emises becomes unit o! occu1ation o! use as a !esidence%

7% The LICENS)R :a!!ants to the Licensees thatJ0

a& The LICENS)R :i,, !e-u,a!,y 1ay a,, existin- and utu!e out-oin-sinc,udin- amounts 1ayab,e to the Society* maintenance cha!-es*

Munici1a, 1!o1e!ty taxes* non0occu1ancy cha!-es and such othe!

costs* ees taxes* 1!emiums* @ate! cha!-es and !ates as may be1ayab,e :ith !es1ect to the said Licensed +!emises th!ou-hout the te!m

o this A-!eement and Bee1 the Licensees u,,y indemniied in that

beha,b& The Licensees sha,, be entit,ed to insta,, his o:n u!nitu!e* ixtu!e*

ittin-s and eui1ments* -as cy,inde! and cooBin- -as a11a!atus*

!e!i-e!ato!s* ai!0conditionin- system and such othe! !esidentia,

-ad-ets that the Licensees may !eui!e o! the bette! use anden/oyment o the said Licensed +!emises* :ith the !i-ht to !emo2e

them on the ex1i!y o! ea!,ie! te!mination o the ,icense

c& The Licensees sha,, not be entit,ed to !eno2ate and im1!o2e the saidLicensed +!emises !om inside and maBe any st!uctu!a, a,te!ations*

additions and !emo2a,s%

d& That the Licensees sha,, be 1e!mitted to dis1,ay its name 1,ate on theoutside o the said Licensed +!emises%

e& That the Licensees sha,, be entit,ed to insta,, te,e1hone and inte!net

connections in the said Licensed 1!emises in his o:n name%

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$#% +a!ties ex1!ess,y a-!ee that the Licensees :i,, be !es1onsib,e o! the u1Bee1

and !etu!n in the same condition :hen the ,ease sta!ted* o the said ,icensed

1!emises%

$$% The Licensees :i,, !e-u,a!,y 1ay a,, e,ect!icity* te,e1hone* inte!net* o1en1a!Bin- cha!-es3i a,,otted by the said society& -as* Cab,e T%V and othe!

househo,d cha!-es o! his use in the said Licensed +!emises% The Licensees

unde!taBes to c,ea! his bi,,s :ith !es1ect to the ao!esaid use in the saidLicensed +!emises beo!e hand,in- o2e! its 1ossession to the LICENS)R

unde! this A-!eement%

$"% The Licensees sha,, use the said Licensed +!emises :ith due ca!e and caution

and sha,, Bee1 the same in -ood o!de! and condition 3!easonab,e :ea! and tea!

exce1ted&% )n the ex1i!y o this License o! its extended 1e!iod as may be u1on

mutua, consent o both 1a!ties o! ea!,y te!mination as the case may be in casethe said ,icensed 1!emises needs maintenance to !esto!e its state 3abinitio& as it

:as initia,,y ,et o! any uti,ity bi,,s o! month,y ,icense ees 1e!tainin- to theLicensees !emains un1aid then the Licenso! :i,, deduct and ad/ust the cost

the!eon !om the said secu!ity de1osit at actua, and !eund on,y the ba,ance

secu!ity de1osit to :hich the Licensees ha2e he!eby a-!eed to%

$?% Nothin- !eco!ded in the A-!eement sha,, be const!ued by the Licensees as

c!eatin- any !i-ht* tit,e* inte!est * easement* tenancy o! sub0tenancy in a2ou!o the Licensees in o! o2e! the said ,icensed 1!emises% The ,icensees coni!ms

that he has !ecei2ed on,y a ba!e non0t!anse!ab,e ,icense and 1e!missi2e !i-ht

to use the said Licensed +!emises as ao!esaid%

$6% Sub/ect to ,ocB in 1e!iod o th!ee months as mentioned in c,ause its not he!ein abo2e* any 1a!ty :i,,in- to te!minate this a-!eement beo!e ex1i!y* :i,,

be !eui!ed to -i2e a ?# 3thi!ty& days notice 1e!iod to the othe! 1a!ty beo!e

any action can be taBen% if any of the a!tie" te!#inate thi" a$!ee#ent

%efo!e #onth" of the 'o##en'e#ent of thi" (i'en"e) the a!ty

te!#inatin$ the (i'en"e ha" to $i*e 'o#en"ation to the othe! a!ty

e+,i*a(ent to the a#o,nt of !ent fo! the !e#ainin$ #onth" ithin the

(o'. in e!io/

$>% I eithe! +a!ty commits a b!each o its ob,i-ations unde! this A-!eement* theothe! 1a!ty sha,, be entit,ed to -i2e a :!itten notice o ?# 3thi!ty& days asBin-

the 1a!ty in deau,t to !emedy the b!each% )n the ai,u!e to do so* the non0

deau,tin- 1a!ty sha,, be entit,ed to te!minate the ,icense o!th:ith% )n

te!mination* the ,icensees :i,, !emo2e himse, and his be,on-in-s !om thesaid Licensed +!emises and hand o2e! 1ossession to the LICENS)R The

LICENS)R :i,, simu,taneous,y !eund to the ,icensees the secu!ity de1osit by

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a 1ay o!de! d!a:n in the name o the Licensees and 1ayab,e at Mumbai ate!

deductin- un1aid uti,ities bi,, and cost o !e1ai!s o dama-es i any* to the said

,icense 1!emises and dama-es o b!eaBa-e o any items o u!nitu!e andixtu!es* ittin-s* E,ect!ica, eui1ments* =tensi,s etc% as 1e! Annexu!e0A%

$% The LICENS)R sha,, not be ,iab,e o! !es1onsib,e o! any ,oss o! in/u!y that

may be caused as a !esu,t o any accident* thet* o! !iot o! any othe! cause

:hatsoe2e! to the u!nitu!e* i,,in-s* ixtu!es o! eui1ment o the Licensees o!to its 2isito!s and 1e!sonne,%

$% The LICENS)R he!eby con2eys to the Licensees0a& That the LICENS)R a!e the o:ne! o the said Licensed +!emises

.sha!eho,de! o the Society and abso,ute,y entit,ed to use and occu1y

the said Licensed +!emises

b& That they ha2e not c!eated any mo!t-a-e o! cha!-e o! 1,ed-e o! othe!encumb!ance :hatsoe2e! in the sha!es o! the said Licensed +!emises

o! both* and is in 1ossession o the o!i-ina, tit,e deedsc& That on 1ayment o the ,icense ee* the Licensees :i,, be entit,ed to

en/oy uiet and 1eaceu, 1ossession o the said ,icensed 1!emises

du!in- the 1e!iod o this a-!eement

$% The +a!ties :i,, eua,,y bea! the stam1 duty and !e-ist!ation cha!-es 1ayab,e

on this A-!eement and othe! 1ocBet ex1enses the!eto%

$7% This A-!eement :i,, be -o2e!ned by Section "6 o the Maha!asht!a RentCont!o, Act $777 38the Act9& and the Com1etent Autho!ity unde! the Act :i,,

ha2e exc,usi2e /u!isdiction%

"#% The Licensees :i,, be entit,ed to ca,, u1on the LICENS)R to !ene: the

,icense o! a u!the! this 1e!iod o u1 to $" months% Ho:e2e!* the decision o

the Licenso! to !ene: o! not to !ene: the ,icense :i,, be ina, and acce1tab,eto the Licensees% In the e2ent :he!e Licenso! decide to !ene: the ,icense the

1a!ties :i,, at that time mutua,,y ne-otiate the te!ms and conditions o! a

,icense ee at the 1!e2ai,in- ma!Bet !ates the!eto on :hich the LICENS)R:i,, !ene: the ,icense% I 1a!ties do !ene: the ,icense* they :i,, ente! into a

!esh License A-!eement* and stam1.!e-iste! it in consonance :ith the ,a:

then in o!ce%%

"$% Any notice !eui!ed to be -i2en unde! this A-!eement sha,, be deemed to besuicient,y -i2en i se!2ed by emai,.!e-iste!ed 1ost A%D%.hand de,i2e!y at the

add!esses -i2en in the tit,e to this A-!eement%

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""% The o!i-ina, o this A-!eement !anBed :ith the u,, stam1 duty as a11,icab,eand du,y !e-iste!ed :ith the Sub0Re-ist!a! o Assu!ances :i,, be !etained by

the LICENS)R and its counte!1a!t stam1ed :ith Rs%$##.0 :i,, be !etained by

the Licensees% It :i,, be the !es1onsibi,ity o the LICENS)R to !e-iste! thisA-!eement :ith the Sub0Re-ist!a! o Assu!ances the Licensees a-!ee to

coo1e!ate :ith the LICENS)R to ensu!e ex1editious !e-ist!ation%

"?% The +AN N)% o the Licenso! a!e as unde!J0

a& MRS% ASHA 'AMALA'AR ()R'ARJ AE+(#6G

The +AN N)% o the Licensees a!e as unde!J0

a& MR% SAHIR ;AI

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&

In the 1!esence o &

$&%"&%

Si-ned and de,i2e!ed by the &@ithin named Licensees &

$& MR% SAHIR ;AI

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RECEI0T

Recei2ed !om the :ithin named Licensees a sum o Rs%>#*###.0 3Ru1ees ity Thousand)n,y& by 6 Cheues o $"*>##.0 Cheue dated ".$"."#$" bea!in- $& Cheue numbe!

$#>>?$ d!a:n on HDC (AN' Mumbai o! Rs%$"*>##.0 3Ru1ees T:e,2e Thousand i2e

Hund!ed )n,y& "& Cheue dated ".$"."#$" bea!in- Cheue numbe! $#>>?? d!a:n onHDC (AN'* Mumbai o! Rs% $"*>##.0 3Ru1ees T:e,2e Thousand i2e Hund!ed )n,y&%

?& Cheue numbe! #">$ d!a:n on ICICI (AN'* Mumbai o! Rs%$"*>##.0 3Ru1ees

T:e,2e Thousand i2e Hund!ed )n,y& 6 & Cheue dated __.__."#$? bea!in- Cheuenumbe! ______ d!a:n on _________ Mumbai o! Rs% $"*>##.0 3Ru1ees T:e,2e

Thousand i2e Hund!ed )n,y&* as inte!est !ee !eundab,e secu!ity de1osit as 1e! the

te!ms O conditions set unde! the Lea2e O License a-!eement dated ________ in !es1ect

o the Licensed +!emises bein- De, House A1a!tments Co0o1% Housin- Society Ltd% *Cent!a, A2enue* Santac!u 3@est&* (ombay06###>6%

I say !ecei2ed

3Ru1ees )ne Lac ity Thousand )n,y&

3Rs%>#*###.0&

MRS% ASHA 'AMAL'AR (AR'AR

LICENS)R

RECEI0T

Recei2ed !om the :ithin named Licensees t:e,2e 1ost dated cheues o Rs%*###.0

3Ru1ees T:e,2e Thousand )n,y& bein- month,y ,icense ee o! the 1e!iod i%e% $st

4anua!y* "#$6 to ?$st 4une*"#$6 as 1e! the te!ms O conditions set unde! the Lea2e O

License a-!eement dated ___________ in !es1ect o the Licensed +!emises bein- De,

House A1a!tments Co0o1% Housin- Society Ltd%* * Cent!a, A2enue* Santac!u 3@est&*(ombay06###>6% as mentioned in c,ause 6 o this A-!eement%

I say !ecei2ed the abo2e t:enty ou! 1ost dated cheue

MRS% ASHA 'AMAL'AR ()R'AR

LICENS)R

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Anne1,!e A

List o items. eui1ments in ,at No%7* De, House A1a!tments (ui,din- 1!o2ided by theLicenso! to the Licensees o! the License 1e!iod%

Gas Cy,inde!s J )ne

Sto2e :ith t:o bu!ne! J )ne

Sumeet Mixe! J )ne

Cei,in- ans J i2e

Tube Li-hts J i2e

Hot :ate! (io,e! J T:o

@ash (asin J T:o

u!nitu!e Items

Soa !ec,ine! J )ne

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Settee J )ne

Dinin- tab,e J )ne

Dinin- Chai!s J ou!

Madas J ou!

Aa!aam Chai!s J T:o

Sin-,e @a!d!obes J T:o

Doub,e (ed J )ne

Sin-,e (ed J )ne

'itchen @a,, =nit J )ne

Side (oa!d Ty1es Cu1boa!ds J Th!ee

Tha,ies J Se2en

Ho,de! J )ne

Se!2in- +ot J )ne

o!B J Th!ee

S1oon J Th!ee

=tensi,s J Ei-ht

Co2e! J i2e

E,ect!ica, and sanita!y ittin-s as ins1ected%