PROJECT OF DRAFTING AND PLEADING ON LEASE DEED

SUBMITTED BY

HARSH DUBEY

ENROLLMENT ID- 18FLICDDN01043

BBA LLB-2018-2023

SECTION ‘A’

SUBMITTED TO

SNIGDHA KURIYAL
 LEASE DEED

THIS LEASE DEED is made and executed at Delhi on 15th day of September,2019 .

BETWEEN

Mr. Arshdeep Singh F/o Ms Kajal Singh, aged 45 years, R/o H. No.443/1 Vasant Vihar,
Delhi (hereinafter referred to as the LESSOR, which expression shall unless excluded or
repugnant to the context to be deemed to include legal heirs i.e. Ms.Kajal Singh, Daughter of
Lessor herein, successors, executors, administrators, representatives and assigns of the FIRST
PART.)

AND

Orange infra (India) Pvt. Ltd. having its registered office at Sector 17, 5 th lane Shakti Marg,
Chandigarh through, their Director Mrs. Ishika Talwar to enter into these presences
(hereinafter referred to as the LESSEE which expression unless excluded or repugnant to the
context shall include and mean, successors, successors in interest and assigns of the
SECOND PART.)

WHEREAS the Lessor has represented to the Lessee that he is the owner of the 1 st floor of
the construction at H. No.443/1 Vasant Vihar, Delhi admeasuring 1917 Sq. ft. approximate
covered area in the said premises and is desirous of letting out the same, (hereinafter referred
to as the demised premises.)

AND WHEREAS the Lessee has offered to take the demised premises on Lease and the
Lessor has agreed to let out the same on the terms and conditions hereinafter specified.

NOW THIS AGREEMENT WITNESSETH AS UNDER:

1. That the Lessor hereby conveys to the Lessee the 1 st floor of the said premises admeasuring
1917 Sq. ft. Approx for a period of 24 months with effect from 1st Jan 2020 at a monthly,
rent of Rs. 10000 /- (Rs. Ten thousand only) exclusive of Electricity, water charges, actual
bills/ rental charges of Telephone/Fax whenever installed in the demises premises.

2. That the Lease will be for an initial period of 24 months with effect from 1st Jan. 2020, in
case the Lease is reminded at the option of the Lessor and with an enhances increase of 10%
of rent payable per annum immediately after expire of every 12 months’ period. The duration
of Lease period 24 months is the essence of this agreement with the provision that both, the
Lessor and the Lessee have the right to either terminate the Lease even before the expiry of
the Lease period, by giving 2months written notice. The Lease is therefore for a fixed period
of 24months w.e.f. 1st Jan.2020 ending on 1st January.2022 thereafter the Lessor shall have
the option to renew the Lease for a further period of 3years at the terms and conditions as laid
out by the Lessor.

3. That on the date of execution of this Lease Deed the Lessee had paid a sum of Rs. 55000/-
(Rs. Fifty fiveThousand only) vide pay order No. 51866/2020 dated 1 st Jan 2020 drawn on
SBI main branch Delhi as security deposit which will be kept by the Lessor for the due
performance of the terms and conditions of this Lease, free of interest. On termination of the
Lease, the Lessor shall refund the security deposit/unadjusted Advance rent, if any. In case
the Lessor fails to refund the security Deposit/balance advance rent, the Lessee shall be
entitled to charge interest 18% P.A. from the date of termination of Lease till the date of
refund. Additionally, the Lessee shall be entitled to hold possession of the property till the
refund of security deposit/unadjusted advance rent along with interest, if any is made without
payment of rent/Lease money. This will be applicable only on production of documentary
proof by the Lessee to the Lessor that all dues pertaining to electricity and any other charges
payable by the Lessee have been cleared upto date.

4. The Lessee covenants with Lessor as under:

i) That the Lessee agrees to pay a monthly rent of Rs. 10000/- (Rs. Ten thousand only)
mentioned above on or before 5th day of every month.

ii) The Lessee agree to carry out minor repairs or replacement of broken parts in electrical
and sanitary installations and glasses himself, but major repairs pertaining to the structure of
the house will have to be done by the Lessor, as and when considered necessary by him.
However, the Lessee shall handover the vacant physical possession to the Lessor on
termination of this Lease in the same conditions as it has been handed over to him on 1-1-20.

iii) That the Lease is for a period of 24 months only commencing from 01-1-20. The Lessee
shall give vacant possession of the premises to the Lessor after the expiry of the Lease period.

iv)That the Lessee shall duly comply with all the local rules and regulations of local
authorities with regard to the use of the premises.
 v) That the Lessee shall pay the electricity charges in accordance with the bills at rates
determined by DESU and accordance with bills/demands received from DESU, NDMC
including meter rents etc. The meter readings on the date of possession will be duly recorded.

vi) That the demised premises have been let out to the Lessee for authorized use only.

vii) That the Lessee shall permit the Lessor or his duly authorized agents during reasonable
hours in the day time to enter upon the demised premises for inspection of the Lessor’s
fixtures and fittings therein, and the premises as may be deemed fit by the Lessor.

viii) That the Lessee at the expiry of this Lease shall deliver peaceful and vacant possession
of the demised premises to the Lessor together with the fittings and fixtures installed in good
condition as the same are at present, reasonable wear and tear and damage by fire,
earthquake, civil commotion, act of God excepted including lightening to fittings etc. but
excluding telephones, fax computers and air conditioners. No fixtures, wood work etc. carried
by the Lessee shall be removed/damaged at the time of handing over vacant possession of the
demised premises.

ix) That the Lessee shall not make any alteration of permanent nature within the premises as
well as in the open space, without the written consent of the Lessor.

x) That the Lessor shall not interfere with the peaceful enjoyment of the property by the
Lessee whether directly or indirectly.

xi) That the Lessee shall keep the premises in good tenantable condition and shall not cause
any loss/ damage to it, subject to normal wear and tear of the premises. The Lessee shall
observe and perform at all time during the continuance of the terms hereby created all the
terms and conditions herein as contained.

xii) That the Lessee shall in the event of unfortunate and unseen demise or incapacitation of
Lessor will for all purposes treat Ms. Kajal Singh, Daughter of Lessor as the rightful receipt
of rents or any other dues payable by the Lessee as per the terms set forth above in this deed
without any let or hindrances. The said Ms. kajal Singh will have the full authority to enforce
any or all provisions contained in this agreement. She shall by my sole beneficiary and
executor.

xiii) That the Lessee will not park any motor car or any other vehicle in this outer drive way
of the premises at any time both inside and outside the main gate.
5. That the Lessor hereby covenants with Lessee as follow: -

i) That the Lessor has good right and full power and absolute authority to Lease the demised
premises to the Lessee in manner herein contained.

ii) To observe and perform all times during the continuance of their terms hereby created, all
the terms and conditions contained in the Lease by virtue of which the Lessor is holding the
said premises and to keep the Lessee indemnified against any breach or consequences
thereof.

iii) To pay discharge all rates and taxes whether Municipal or otherwise and to her
assessments and outgoing which pare payable in respect of Lessor failing to pay any such
amount when the same shall fall due for payment, the Lessee shall be entitled to pay the same
on behalf of the Lessor and to deduct the amount so paid from the rent payable by the Lessee
to the Lessor hereunder.

iv)To comply with, at his own cost, all requirements and regulations of the Municipals or
other lawful authority concerning the demised premises to the observed by the
owner/landlady.

v) That the Lessee paying the Lease money hereby reserved and performing the several
covenants conditions and agreements herein contained and on its part to be observed and
performed, the Lessee shall peacefully hold and enjoy the demised premises together with the
Lessor’s fixtures and fittings therein during the said terms without any interruption or
disturbance from or by the Lessor or any person claiming through under or in trust for the
Lessor.

6. It is hereby mutually agreed and declared by the parties hereto as follows:-

i) In the event of the demised premises or any part thereof being destroyed or damaged by
fire, earth quake, flood war air raid civil commotion, riots or other act of God or irresistible
force during the period of the Lease, this Lease shall at the option of the Lessee be
terminated. And in the event of the Lessee being desirous of any part thereof as the case may
be so as to enable the Lessor to repair the damage or reinstate the same and the rents hereby
reserved shall remain suspended till the demised premises or any part thereof as the case may
be reinstated or restored to its former state and possession if delivered over to the Lessee for
the remaining part of this Lease, if any.
ii) That in the event of any dispute or difference arising out of this agreement, the matter will
be referred to the Arbitrator approved by common consent of both the parties and his decision
will be binding on both parties.

iii) That the parties to the agreement have specifically agreed that considering the location,
accommodation, and condition of the said property, the Lease rent is fair rent and in
consonance with the property, market rates.

iv)That the terms and conditions of this agreement as stated above shall be binding on both
the parties.

v) If the rents or other amounts due under the Lease deed or any part thereof shall remain
unpaid for more than two month and if any covenant on the Lessee’s part herein contained
shall not be performed or observed by the Lessee and shall continue to do so for the period of
60 days after written notice by the Lessor thereof to the Lessee then and in any of the said
cases it shall be lawful for the Lessor to renter the demised premises or upon any part thereof
in the name of the whole and the Lease shall thereupon be terminated, but without prejudice
to any claim or action or remedy which either of the parties may have against the other as on
that date in respect of any branch, non-performance or non-observance of the covenants or
conditions herein contained.

vi)The Lease shall automatically come to an end determined on the expiry of the Lease
period. Hence peaceful and vacant possession of the demised premises will be deemed to
have been handed over by the Lessee to the Lessor.

vii) The cost of preparation of the original Lease and duplicate thereof and stamps and
registration fee and in connection with the same shall be borne and paid by the Lessee. The
Lessor shall retain the original of the Lease deed and the Lessee the duplicate thereof.

IN WITNESS WHEREOF, these presents have been executed by the parties hereto on the
day, month and year first mentioned herein above in presence of witness:

(Mr. Arshdeeep Singh)

(Orange Infra(India) Pvt. Ltd)

Ishika Talwar.

LESSEE

Witnesses:

(1) Mr. AniketPhadtare

(2) Mr. S.K Pradhan