LEAVE AND LICENSE AGREEMENT

Particulars Amount Paid GRN/Transaction Id Date

Stamp Duty Rs. 100.00/- MH016191552202223P 02/03/2023
Registration Fee Rs. 500/- MH016191552202223P 02/03/2023

LEAVE AND LICENSE AGREEMENT

This agreement is made and executed on 02/03/2023 at Satara
Between,

1) Name: Mr.Bad Kundalik Shankar, Age : About 54 Years, PAN : AQFPB9762P Residing at: Flat
No:B - 303, Building Name:Durvankur, Block Sector:jadhav Nagar, Road:Sr. No.29, Near Venu Tai
Collage Road,, Wadgaon BK, Pune, Maharashtra, 411041

HEREINAFTER called ‘the Licensor (which expression shall mean and include the Licensor above
named and also his/her/their respective heirs, successors, assigns, executors and administrators)

AND

1) Mandeshi automobile Private limited (Private Limited Company), CIN:

U50500PN2020PTC191256 Residing at: Flat No:shop no 1, Building Name:324, Block
Sector:paryanti, Road:bad vasti, Paryanti, Ta- Man, Dist - Satara, Satara, Maharashtra, 415509
through Authorized Director Mr. Bad Vijay , Age : About 28 Years, Occupation : Business Residing
at: Block Sector:paryanti, Road:bad vasti, Paryanti, Satara, Maharashtra, 415509

HEREINAFTER called ‘the Licensee’ (which expression shall mean and include only Licensee
above named).

WHEREAS the Licensor is absolutely seized and possessed of and or otherwise well and
sufficiently entitled to all that constructed portion being unit described in Schedule I hereunder
written and are hereafter for the sake of brevity called or referred to as Licensed Premises and
is/are desirous of giving the said premises on Leave and License basis under Section 24 of the
Maharashtra Rent Control Act, 1999.

AND WHEREAS the Licensee herein is in need of temporary premises for Non-Residential use
has/have approached the Licensor with a request to allow the Licensee herein to use and occupy
the said premises on Leave and License basis for a period of 11 Months commencing from
01/03/2023 and ending on 31/01/2024, on terms and subject to conditions hereafter appearing.

AND WHEREAS the Licensor have agreed to allow the Licensee herein to use and occupy the
said Licensed premises for his/her/their aforesaid Non-Residential purposes only, on Leave and
License basis for above mentioned period, on terms and subject to conditions hereafter appearing;

NOW THEREFORE IT IS HEREBY AGREED TO, DECLARED AND RECORDED BY AND

BETWEEN THE PARTIES HERETO AS FOLLOWS:-

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 LEAVE AND LICENSE AGREEMENT

1) Period: That the Licensor hereby grants to the Licensee herein a revocable leave and license,
to occupy the Licensed Premises, described in Schedule I hereunder written without creating any
tenancy rights or any other rights, title and interest in favour of the Licensee for a period of 11
Months commencing from 01/03/2023 and ending on 31/01/2024

2) License Fee & Deposit:That the Licensee shall pay to the Licensor License fee at the rate of
Rs. 2000(Two Thousand Only) per month towards the compensation and Rs. 5000(Five Thousand
Only) interest free refundable deposit, for the use of the said Licensed premises. The amount of
monthly compensation License fee shall be payable within first five days of the concerned month of
Leave and License.

3) Payment of Deposit: That the Licensee have paid / shall pay the above mentioned
deposit/premium as mentioned above by Cash. Amount Rs.5000/-(Five Thousand Only)

4) Maintenance Charges: That the all outgoings including all rates, taxes, levies, assessment,
maintenance charges, non occupancy charges, etc. in respect of the said premises shall be paid
by the Licensor.

5) Maintenance Charges: That the Licensee herein shall bear and pay all the maintenance
charges in respect of the said Licensed Premises, and other outgoings including all rates, taxes,
levies, assessment, non occupancy charges, etc. in respect of the said premises shall be paid by
the Licensor.

6) Electricity Charges: The licensee herein shall pay the electricity bills directly for energy
consumed on the licensed premises and should submit original receipts to Licensor indicating that
the electricity bills are paid.

7) Use: That the Licensed premises shall only be used by the Licensee for Non-Residential
purpose.The Licensee shall maintain the said premises in its existing condition and damage, if any,
caused to the said premises, the same shall be repaired by the Licensee at its own cost subject to
normal wear and tear. The Licensee shall not do anything in the said premises which is or is likely
to cause a nuisance to the other occupants of the said building or to the prejudice in any manner to
the rights of Licensor in respect of said premises or shall not do any unlawful activities prohibited
by State or Central Government .

8) Alteration: That the Licensee shall not make or permit to do any alteration or addition to the
construction or arrangements (internal or external) to the Licensed premises without previous
consent in writing from the Licensor.

9) No Tenancy: That the Licensee shall not claim any tenancy right and shall not have any right to
transfer, assign, and sublet or grant any license or sub-license in respect of the Licensed Premises
or any part thereof and also shall not mortgage or raise any loan against the said premises.

10) Inspection: That, the Licensor shall on reasonable notice given by the Licensor to the
Licensee shall have a right of access either by himself / herself / themselves or through authorized
representative to enter, view and inspect the Licensed premises at reasonable intervals.

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 LEAVE AND LICENSE AGREEMENT

11) Cancellation: That, Subject to the condition of lock in period (if any), if the Licensee commits
default in regular and punctual payments of monthly compensation as herein before mentioned or
commit/s breach of any of the terms, covenants and conditions of this agreement or if any
legislation prohibiting the Leave and License is imposed, the Licensor shall be entitled to revoke
and / or cancel the License hereby granted, by giving notice in writing of one month and the
Licensee too will have the right to vacate the said premises by giving a notice in writing of one
month to the Licensor as mentioned earlier.

12) Possession: That the immediately at on the expiration or termination or cancellation of this
agreement the Licensee shall vacate the said premises without delay with all his/her/their goods
and belongings. In the event of the Licensee failing and / or neglecting to remove himself / herself /
themselves and / or his/her/their articles from the said premises on expiry or sooner determination
of this Agreement ,the Licensor shall be entitled to recover damages at the rate of double the daily
amount of compensation per day and or alternatively the Licensor shall be entitled to remove the
Licensee and his/her/their belongings from the Licensed premises, without recourse to the Court of
Law.

13) Registration: This Agreement is to be registered and the expenditure of Stamp duty and
registration fees and incidental charges, if any, shall be borne by the Licensee and Licensor
equally .

SCHEDULE I

(Being the correct description of premise Shop which is the subject matter of these presents)

All that constructed portion being Non-Residential unit bearing Shop No. bad vasti, Built-up :500
Square Feet, situated on the A/P -PARYANTI, TAL - MAAN Floor of a Building known as '324,
shop no 1' standing on the plot of land bearing C.T.S. Number :327,Road: PARYANTI MAN ROAD,
Location: DIST- SATARA 415509, of Village:Paryanti,situated within the revenue limits of Tehsil
Man and Dist Satara

IN WITNESS WHEREOF the parties hereto have set and subscribed their respective signatures by
way of putting thumb impression electronic signature hereto in the presence of witness, who are
identifying the executants, on the day, month and year first above written.

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 LEAVE AND LICENSE AGREEMENT

Name & Address Photo Thumb Image Digitally

signed
Licensor
Mr.Bad Kundalik Shankar
Address:Flat No:B - 303, Building
Not Available
Name:Durvankur, Block Sector:jadhav Nagar,
Road:Sr. No.29, Near Venu Tai Collage Road,,
Wadgaon BK, Pune, Maharashtra, 411041
Licensee
Mandeshi automobile Private limited (Private
Limited Company) , CIN:
U50500PN2020PTC191256 Not Available
through his Authorized Director Mr. Bad Vijay
Address:Block Sector:paryanti, Road:bad vasti,
Paryanti, Satara, Maharashtra, 415509
Witness of execution of all executants
Thakur Ajay
Address: Block Sector:kharadi, Road:kharadi, Not Required
Kharadi, Pune, Maharashtra, 411014

Witness of execution of all executants

Jatkar Upendra
Address: Block Sector:chinchwad, Road:joshi Not Required
marg, Chinchwad, Pune, Maharashtra, 411033

_______________________________________________________________________

Admission Of Execution / Identification

The following parties have admitted that they have executed the Agreement of Leave and Licenses
& the identifires have stated that they are well acquainting to the said parties.They have given their
consent to, Department of Stamp and Registration,Maharashtra State to obtain their Aadhaar
number, Name and fingerprint for authentication with UIDAI and their identity has been verified with
the UIDAI.

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 LEAVE AND LICENSE AGREEMENT

Type of Party, Date & Time of Date ,Time of Information received from
Name & UID Admission Verification UIDAI(Name,Gender,Aadhaar No,Photo)
with UIDAI
Licensor
Bad Kundalik 02/03/2023 02/03/2023 Kundalik Shankar Bad, Male,
Shankar 01:28:20 PM 01:32:19 PM XXXX XXXX 9552

licencee
Mandeshi
automobile
Private limited 01/03/2023 01/03/2023 Vijay Kundalik Bad, Male, XXXX
through 06:07:03 PM 06:07:23 PM XXXX 4418
Authorized
Director Bad
Vijay
identifier for all
executants 02/03/2023 02/03/2023 Ajay Ram Thakur, Male, XXXX
Thakur Ajay 01:59:45 PM 02:00:04 PM XXXX 9746

identifier for all

executants 02/03/2023 02/03/2023 Upendra Dilip Jatkar, Male,
Jatkar Upendra 06:46:17 PM 06:47:15 PM XXXX XXXX 3039

Thumb Impression of SRO

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