RENTAL AGREEMENT
This Rental Agreement (“Agreement”) is made and entered into on this 2nd day of July 2025, by and between:________________________________________
Landlord:
PRIYANKA G, W/O RAJSHEKHAR H. P.
Hombelaku, 473, 4th Cross, Nagarbhavi 14th Block,
Road opposite Tata Croma, Bangalore North,
PO: Nagarbhavi, Dist: Bengaluru, Karnataka – 560072
(Hereinafter referred to as the “Landlord”)
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Tenant:
RAHUL, S/O SHAYAM SUNDER MITTAL
No. 269, 9th Cross, 4th Main Road, NGEF Layout,
Nagarabhavi, Bangalore – 560072
(Hereinafter referred to as the “Tenant”)
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Each individually referred to as a “Party” and collectively as the “Parties”.________________________________________
1. PREMISES
1.1 Description of the Premises:
The Landlord hereby leases to the Tenant, and the Tenant hereby agrees to take on lease from the Landlord, the commercial premises situated at Site No. 600/C, PID No. 4312061037, located in the 6th Block, SMV Layout, Bangalore – 560091 (hereinafter referred to as the “Premises”). The Premises consist of a built-up area of approximately 4,000 square feet, measuring approximately 15 meters in the East–West direction and 24 meters in the North–South direction, as per the Landlord’s records and existing property plans.
1.2 Physical Condition and Boundaries:
The Premises include all fixtures, fittings, and structural elements as existing at the commencement of this Agreement, which the Tenant has inspected and accepts in its present condition. The Premises are bounded as follows:
•	To the East: Site No 600/D 
•	To the West: Site No 600/B 
•	To the North: Site No 530/C and 530/D
•	To the South: Road
1.3 Condition Inspection:
The Tenant acknowledges having inspected the Premises and accepts the same in “as-is” condition, suitable and fit for the intended permitted use specified below. No representations or warranties, express or implied, are made by the Landlord regarding the condition of the Premises except as expressly provided in this Agreement.
1.4 Permitted Use:
The Tenant agrees and undertakes to use the Premises exclusively for timber-related commercial activities, including but not limited to the storage, processing, and sale of timber and timber products. The Tenant shall not use the Premises for any purpose other than that expressly permitted without the prior written consent of the Landlord.
1.5 Landlord’s Permissions:

The Landlord warrants that they hold all necessary ownership rights, permissions, licenses, consents, and approvals from relevant authorities to lease the Premises for the permitted use. The Tenant shall be responsible for securing all licenses, permits, or approvals necessary for its specific business operations.
1.6 Encumbrances:
The Tenant acknowledges that the Premises are delivered free of all encumbrances, liens, or claims by third parties other than those disclosed in writing prior to execution of this Agreement.
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2. TERM
2.1 Fixed Term:
This Agreement shall be for a fixed term of five (5) years, commencing on 2nd July 2025 (the “Commencement Date”) and expiring on 1st July 2030 (the “Expiry Date”), unless terminated earlier as provided herein.
2.2 Possession:
The Landlord shall deliver vacant and peaceful possession of the Premises to the Tenant on the Commencement Date. The Tenant acknowledges having inspected and accepted the Premises prior to taking possession.
2.3 Tenant Break Option:
The Tenant shall have the right to terminate this Agreement at any time after completion of the first year of the term, by providing the Landlord with no less than three (3) months’ prior written notice specifying the date of termination. Such termination by the Tenant shall be without penalty or further obligation, subject to the fulfillment of all outstanding obligations by the Tenant up to the date of termination, including but not limited to payment of rent and restoring the Premises as per this Agreement.
2.4 Landlord’s Right to Terminate:
Except as expressly provided in this Agreement, the Landlord shall have no right to terminate or resume possession of the Premises during the fixed term without the Tenant’s consent. The Landlord may terminate this Agreement and re-enter the Premises only in the event of the Tenant’s default as specified in Clause 9 of this Agreement.
2.5 Renewal:

Any renewal or extension of this Agreement beyond the Expiry Date shall be subject to mutual agreement between the Parties in writing, to be negotiated in good faith at least sixty (60) days prior to the Expiry Date. No renewal shall be deemed automatic, and the Tenant shall have no automatic right to renew this Lease unless otherwise agreed.
2.6 Holding Over:
If the Tenant remains in possession of the Premises after the Expiry Date without a formal renewal or extension agreement, such holding over shall be deemed a month-to-month tenancy only, subject to all terms and conditions of this Agreement, and may be terminated by either Party by giving at least one (1) month’s written notice to the other Party.
2.7 Early Termination by Tenant:
Should the Tenant exercise the break option under Clause 2.3, the Tenant shall ensure that all payments, obligations and liabilities including rent, utilities, taxes (if applicable), and any damages/losses are fully settled up to the effective termination date. The Tenant shall also comply with the surrender provisions stipulated in Clause 19.
2.8 Consequences of Termination or Expiry:
Upon termination or expiry of the term, whether by effluxion of time or otherwise, the Tenant shall peacefully vacate and surrender the Premises to the Landlord in accordance with Clause 19 of this Agreement.
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3. RENT
3.1 Monthly Rent Amount:
The Tenant agrees to pay to the Landlord a monthly rent of Rupees Fifty Thousand only (₹50,000/-) inclusive of all applicable taxes ("Monthly Rent"). The Monthly Rent amount is fixed and shall remain unchanged for the initial term of this Agreement unless otherwise agreed in writing by the Parties.
3.2 Payment Terms:
The Monthly Rent shall be payable in advance on or before the 10th day of each calendar month without any deduction, set-off, or demand, by way of RTGS/NEFT transfer to the Landlord’s designated bank account as notified in writing by the Landlord. The Tenant shall ensure timely payment of the Monthly Rent in accordance with this provision.
3.3 Bank Details and Mode of Payment:
The Tenant shall make all rent payments via electronic transfer (RTGS/NEFT) to the following bank account designated by the Landlord:
•	Bank Name: [Insert Bank Name] 
•	Account Name: [Insert Account Holder’s Name] 
•	Account Number: [Insert Account Number] 
•	IFSC Code: [Insert IFSC Code]
Any changes to the bank details shall be communicated at least fifteen (15) days prior to the effective date of change.
3.4 Taxes and Statutory Deductions:
The Monthly Rent is inclusive of all applicable indirect taxes (such as GST, service tax, etc.) payable on the rent amount as per the prevailing laws. The Landlord shall deduct tax at source (TDS) as per the applicable Indian Income Tax Law from the rent payments received from the Tenant and shall issue valid TDS certificates to the Tenant within a reasonable timeframe.
3.5 Late Payment:
If the Tenant fails to pay the Monthly Rent within seven (7) days after the due date, the Tenant shall be liable to pay interest on the delayed amount at a rate of [specify rate, e.g., 10% per annum] calculated on a daily basis from the due date until actual payment is made. The failure to pay rent beyond fifteen (15) days after the due date shall constitute an event of default under this Agreement as per Clause 9.
3.6 Adjustment and Reconciliation:
In the event of any overpayment or underpayment of rent, the Parties agree to reconcile the amounts within thirty (30) days from the date of discovery of such discrepancy. Any adjustment or refund shall be made in writing and mutually agreed prior to implementation.
3.7 Rent Review:
Any revision, escalation, or review of the Monthly Rent shall be subject to the mutual written consent of the Parties. In the absence of such agreement, the Monthly Rent shall remain fixed for the entire Term of this Agreement, except as expressly provided elsewhere in this Agreement.
3.8 No Deduction or Set-Off:
The Tenant shall pay the Monthly Rent and other monies due under this Agreement in full without any deductions, counterclaims, or set-offs whatsoever.
3.9 Receipts:
The Landlord shall provide the Tenant with a valid receipt or acknowledgment of each rent payment within a reasonable time following receipt of the payment.
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4. SECURITY DEPOSIT
4.1 Amount and Payment:
The Tenant has paid a security deposit of Rupees Three Lakhs only (₹300,000/-) (“Security Deposit”) to the Landlord by RTGS transfer from HDFC Bank on 2nd July 2025. This Security Deposit is held by the Landlord as security for the due and punctual performance of all of the Tenant’s obligations under this Agreement.
4.2 Purpose of Security Deposit:
The Security Deposit shall serve as security for but not limited to:
•	Timely payment of Monthly Rent and any other charges due under this Agreement; 
•	Payment of all utilities, taxes, and any sums payable by the Tenant; 
•	Compensation for any damages, loss, or expense incurred by the Landlord due to the Tenant’s default, breach, negligence, misuse, or failure to comply with any terms of this Agreement; 
•	Fulfillment of Tenant’s obligations to surrender the Premises in stipulated condition as per Clause 19.
4.3 No Deduction of Rent:
The Security Deposit shall not be used by the Tenant as a substitute for the payment of Monthly Rent or any other payments due under this Agreement during the Term.
4.4 Interest on Security Deposit:
Unless otherwise agreed in writing, the Security Deposit shall be held by the Landlord without any interest payable to the Tenant during the term of this Agreement. If applicable under law, interest shall be paid at the prevailing rates on the Security Deposit amount.
4.5 Right to Adjust or Deduct:
The Landlord shall have the right to adjust or deduct from the Security Deposit any amounts lawfully due to the Landlord as a result of the Tenant’s breach or non-performance of any obligations under this Agreement, including but not limited to overdue rent, costs of repairs, losses, legal fees, or other damages.
4.6 Inspection and Notice of Deductions:
Before making any deductions from the Security Deposit, the Landlord shall provide the Tenant with a written statement specifying the nature and amount of such deductions, along with supporting evidence if applicable, within thirty (30) days of the end of the Term or earlier termination of this Agreement.
4.7 Refund of Security Deposit:
Subject to any lawful deductions, the Landlord shall refund the balance of the Security Deposit to the Tenant within forty-five (45) days from the date of termination or expiration of this Agreement, provided the Tenant has vacated the Premises and complied with all terms and conditions related to surrender of the Premises as set forth in this Agreement.
4.8 Refund Procedure:
The refund amount shall be paid by the Landlord to the Tenant’s bank account as specified by the Tenant in writing or by any other mode agreed upon between the Parties. The refund is subject to deduction of any amounts due and payable under this Agreement.
4.9 Assignment or Transfer:
The Security Deposit is not transferable or assignable by the Tenant without the prior written consent of the Landlord.
4.10 Survival:
The obligations concerning the Security Deposit shall survive the expiration or termination of this Agreement until the same has been fully refunded or adjusted.
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5. USE AND COMPLIANCE
5.1 Permitted Use:
The Tenant shall use and occupy the Premises solely for carrying out timber-related commercial activities, including but not limited to storage, processing, distribution, and sale of timber and timber products, in accordance with the terms of this Agreement. The Tenant shall not use the Premises for any other purpose without the prior written consent of the Landlord, which consent shall not be unreasonably withheld.
5.2 Prohibition on Unauthorized Use:
The Tenant shall not use, permit, or suffer the Premises or any part thereof to be used for any unlawful, immoral, hazardous, or offensive purpose, nor for any activity which contravenes any laws, regulations, permissions, or conditions imposed by authorities having jurisdiction over the Premises.
5.3 Compliance with Laws and Regulations:
The Tenant shall, at its sole cost and expense:
•	Obtain, maintain, and renew all necessary licenses, permits, consents, approvals, and authorizations required for its business operations and the use of the Premises; 
•	Comply fully at all times with all applicable laws, statutes, governmental orders, rules, regulations, environmental laws, zoning ordinances, fire safety, building codes, health and safety standards, and any other legal requirements applicable to the Premises and the Tenant’s use thereof; 
•	Ensure that its activities do not cause any nuisance, inconvenience, disturbance, or annoyance to any neighboring properties, tenants, or the general public.
5.4 Environmental and Safety Obligations:
The Tenant shall ensure that the handling, storage, and disposal of all materials, waste, and substances at the Premises are performed in strict compliance with all applicable environmental laws and regulations. The Tenant agrees to keep the Premises in a safe, sanitary, and lawful condition and to immediately remedy any hazardous situations or violations.
5.5 Alterations and Improvements:
The Tenant shall not make or permit any structural or material alterations, modifications, additions, or improvements (“Alterations”) to the Premises without the prior written approval of the Landlord, which shall not be unreasonably withheld or delayed. All approved Alterations shall be performed in a good and workmanlike manner and in compliance with applicable laws and with any conditions the Landlord may reasonably impose.
5.6 Restoration Obligations:
Except for reasonable wear and tear, the Tenant shall, at its cost, restore the Premises to their original condition upon the expiration or earlier termination of this Agreement, including the removal of any alterations, additions, or improvements as requested by the Landlord.
5.7 Inspection and Compliance Monitoring:
The Landlord reserves the right to inspect the Premises periodically during reasonable hours upon prior notice to ensure that the Tenant complies with the permitted use and all applicable laws and this Agreement’s terms. The Tenant agrees to fully cooperate with such inspections.
5.8 Indemnity for Use and Compliance:
The Tenant shall indemnify and hold the Landlord harmless from and against any and all fines, penalties, claims, liabilities, damages, costs, or expenses arising out of or related to the Tenant’s failure to comply with this Clause 5 or applicable laws, including any resulting from unauthorized use of the Premises.
5.9 Subletting and Assignment Restrictions:
Use of the Premises by any assignees or sub-tenants of the Tenant shall be subject to the same use restrictions and compliance obligations as set out in this Clause 5, and the Tenant shall ensure such parties comply fully herewith.
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6. MAINTENANCE AND REPAIRS
6.1 Tenant’s Responsibility:
The Tenant shall be responsible, at its own cost and expense, for the routine maintenance, minor repairs, cleanliness, and proper upkeep of the Premises throughout the Term of this Agreement, including but not limited to:
•	Daily cleaning and upkeep of the Premises to a standard consistent with good commercial practice; 
•	Minor repairs and replacement of fixtures, fittings, glass, doors, locks, plumbing fixtures, electrical fittings, and any other removable or non-structural components; 
•	Maintenance of interior walls, floors, ceilings, and partitions, including painting and other cosmetic upkeep; 
•	Keeping the Premises free from rubbish, debris, and hazards; 
•	Maintenance and servicing of any equipment or machinery installed by the Tenant; 
•	Compliance with all health, safety, and environmental regulations concerning the upkeep and condition of the Premises; 
•	Ensuring that any damage caused by the Tenant, its employees, agents, contractors, invitees, or customers is repaired immediately at the Tenant’s cost.
6.2 Landlord’s Responsibility:
The Landlord shall be responsible for and shall promptly carry out, at its own cost and expense, all major structural repairs and maintenance of the Premises and any common areas under the Landlord's control, including but not limited to:
•	Structural elements of the building such as foundations, load-bearing walls, beams, columns, floors, and roof; 
•	Repair and maintenance of external walls, external doors, windows, and common external areas affecting the Premises; 
•	Maintenance and repair of major electrical, plumbing, drainage, and HVAC systems serving the Premises unless damage is caused by the Tenant’s misuse or negligence; 
•	Ensuring that the Premises comply with applicable codes and regulations concerning structural safety.
6.3 Tenant’s Notification:
The Tenant shall promptly notify the Landlord in writing of any defect, damage, or need for major repairs that are the Landlord’s responsibility pursuant to Clause 6.2. Failure to notify the Landlord may result in the Tenant being liable for additional damage or loss.
6.4 Access for Repairs:
The Landlord or its authorized agents shall have the right to enter the Premises at reasonable hours upon providing reasonable prior notice (except in emergencies where no notice is required) to inspect, maintain, or repair the Premises or any part thereof, and to carry out repairs or improvements deemed necessary.
6.5 Repairs Due to Tenant’s Default:
If any major structural repair, maintenance, or replacement becomes necessary as a result of the Tenant’s misuse, negligence, or wilful damage, the cost of such repair or replacement shall be borne entirely by the Tenant. The Landlord may undertake such repairs and recover the cost from the Tenant as a debt payable immediately.
6.6 Alterations and Repairs by Tenant:
The Tenant shall not make any material structural alterations, additions, or improvements to the Premises without prior written consent of the Landlord. Any approved alterations shall be conducted in a professional manner, with all necessary permits and licenses, and the Tenant shall be responsible for the cost thereof.
6.7 End of Term Repairs:
Upon expiration or earlier termination of this Agreement, the Tenant shall repair and make good all damage caused to the Premises during the Tenant’s occupation, except for reasonable wear and tear, and shall return the Premises in good and tenantable condition as required under Clause 19.
6.8 No Implied Warranty:
The Landlord makes no warranty or representation regarding the fitness or condition of the Premises except as expressly set forth herein. The Tenant agrees to undertake its own due diligence with respect to the Premises condition prior to taking possession.
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7. UTILITIES AND OUTGOINGS
7.1 Tenant’s Responsibility for Utilities:
The Tenant shall, at its sole cost and expense, be responsible for the payment of all charges and expenses relating to the supply, consumption, and use of utilities and services in respect of the Premises during the Term of this Agreement, including but not limited to:
•	Electricity 
•	Water supply 
•	Gas 
•	Telephone and telecommunication services (including internet and data connectivity) 
•	Waste disposal and sanitation services 
•	Sewerage charges 
•	Any other utilities or services consumed or supplied to the Premises
7.2 Separate Connection and Metering: Wherever possible, the Tenant shall obtain separate connections and meters for the supply of utilities to the Premises. The Tenant shall ensure that all utility services are registered in its name or in accordance with applicable laws and regulations to facilitate direct billing to the Tenant by the relevant utility providers.
7.3 Payment of Bills: The Tenant shall pay all utility bills promptly when due and shall furnish the Landlord with copies of paid receipts or proof of payment within [forty-five (45)] days upon request.
7.4 Local Levies and Charges: The Tenant shall be solely responsible for the payment of any service charges, levies, or outgoings imposed by local authorities or agencies for the use, operation, and maintenance of the Premises, excluding property tax, which shall be borne by the Landlord.
7.5 Property Tax: The Landlord shall be responsible for the payment of all property taxes, assessment charges, and other statutory levies related to ownership of the Premises during the Term.
7.6 Utility Service Interruption: The Landlord shall not be liable for any interruption, failure, or diminution in the supply of utilities or services to the Premises caused by acts beyond their reasonable control, including acts of utility providers, government authorities, or force majeure events. The Tenant shall not be entitled to any compensation or rent abatement due to such interruptions.
7.7 Compliance with Utility Providers’ Requirements: The Tenant shall comply with all terms, conditions, regulations, and requirements imposed by utility providers related to the supply and use of utilities to the Premises, including requirements for connection, consumption limits, and safety standards.
7.8 Access for Utility Maintenance: The Landlord and/or utility providers shall have reasonable access to the Premises for the purpose of meter reading, inspection, maintenance, repair, or installation of utility services, provided that reasonable prior notice is given to the Tenant, except in emergencies.
7.9 Indemnity: The Tenant shall indemnify and keep indemnified the Landlord from and against any claims, damages, or penalties arising from the Tenant’s failure to pay or improper payment of any utility charges or non-compliance with utility service terms.
7.10 Utility Deposits and Charges:  The Tenant shall be responsible for payment of any security deposits, connection fees, installation charges, or advance payments required by utility providers for the provision or continuation of utilities at the Premises during the Term.
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8. INSURANCE AND INDEMNITY
8.1 Insurance
8.1.1 Tenant’s Insurance Obligations: The Tenant shall, at its own cost and expense, procure and maintain throughout the Term of this Agreement, with insurers of recognized standing, the following insurance policies covering the Premises, its operations, and its interests:
•	Property Insurance: Comprehensive insurance covering all Tenant’s stock-in-trade, inventory, equipment, trade fixtures, furniture, and personal property located at the Premises against loss or damage by fire, theft, explosion, flood, earthquake, and other risks typically covered under standard commercial property insurance policies.
•	Public Liability Insurance: Insurance covering liability for death, bodily injury, or property damage arising out of the Tenant’s use or occupation of the Premises, with a minimum coverage amount of INR [insert amount, e.g., ₹10,00,000 (Ten Lakh Rupees)] or such other amount as reasonably required by the Landlord.
•	Business Interruption Insurance: Insurance covering loss of income, profits, and other financial losses arising from interruption or suspension of the Tenant’s business due to events such as fire or other insured perils, to protect the Tenant’s operational continuity.
•	Employer’s Liability Insurance: Where applicable, insurance covering the Tenant’s liability as an employer for injuries or illness to employees engaged in operations at the Premises as required under applicable laws.
•	Any other insurance policies as may reasonably be required by the Landlord or under applicable laws from time to time.
8.1.2 Evidence of Insurance:  The Tenant shall furnish the Landlord with original certificates of insurance or other satisfactory evidence evidencing the existence of the above insurance policies (including renewals and endorsements) within thirty (30) days of the Commencement Date and thereafter promptly upon each renewal.
8.1.3 Policy Requirements: All insurance policies shall:
•	Name the Landlord as an additional insured or loss payee as applicable; 
•	Contain provisions for waiver of subrogation against the Landlord; 
•	Be primary and non-contributory with respect to any insurance maintained by the Landlord; 
•	Not be subject to cancellation, material change, or non-renewal without at least thirty (30) days’ prior written notice to the Landlord.
8.1.4 Failure to Insure: If the Tenant fails to maintain any of the insurance policies required under this Agreement, the Landlord may (but shall not be obligated to) procure such insurance on behalf of the Tenant and recover the cost thereof as a debt from the Tenant immediately upon demand.
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8.2 Indemnity
8.2.1 Tenant’s Indemnity: The Tenant shall indemnify, defend, and hold harmless the Landlord, its affiliates, employees, agents, invitees, successors, and assigns (collectively, the “Indemnified Parties”) from and against any and all claims, demands, liabilities, losses, damages, fines, penalties, costs, and expenses (including reasonable legal fees and costs) arising from or related to:
•	The Tenant’s use or occupation of the Premises, including but not limited to any damage to property, bodily injury, or death caused by or attributable to the Tenant’s acts or omissions; 
•	Any breach or non-performance by the Tenant of its obligations under this Agreement; 
•	Any claims arising out of violation of laws, statutes, ordinances, or regulations by the Tenant or its employees, agents, contractors, or invitees; 
•	Negligence, willful misconduct, or omission by the Tenant or those for whom it is responsible.
8.2.2 Survival: The indemnity obligations of the Tenant under this Clause shall survive the expiration or earlier termination of this Agreement.
8.2.3 Landlord’s Liability: Subject to applicable law, the Landlord shall not be liable for any loss or damage to the Tenant’s property or business or for any indirect, consequential, or special damages arising out of the use or occupation of the Premises, except to the extent caused by the Landlord’s gross negligence or willful misconduct.
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8.3 Cooperation and Claims
8.3.1 Notification: Each Party shall promptly notify the other of any incident or occurrence which may give rise to an insurance claim or indemnity obligation under this Agreement.
8.3.2 Cooperation: The Parties shall cooperate fully in the investigation, settlement, or defense of any claim or suit arising under this Clause.
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9. DEFAULT AND REMEDIES
9.1 Tenant’s Events of Default
The following events shall each constitute an Event of Default by the Tenant under this Agreement:
a) Non-Payment of Rent or Other Charges: Failure by the Tenant to pay any Monthly Rent, additional rent, or other sums due under this Agreement within Fifteen (15) days of the due date, without prejudice to any agreed grace periods or extensions.
b) Breach of Material Obligations: Failure to perform or observe any other material covenant, term, or condition of this Agreement, provided such breach continues for a period of fifteen (15) days following written notice thereof from the Landlord to the Tenant. If such breach cannot reasonably be cured within that period, the Tenant shall not be in default if it has commenced cure within the 15-day period and diligently proceeds to remedy the breach until the cure is complete.
c) Illegal or Unauthorized Use: Use of the Premises for any illegal, unlawful, or unauthorized purpose or activities not permitted under this Agreement.
d) Bankruptcy or Insolvency: The institution of bankruptcy, insolvency, winding-up, or receivership proceedings by or against the Tenant, or the appointment of a trustee, receiver, or liquidator over all or part of the Tenant’s assets or business; or the making of any assignment or arrangement for the benefit of creditors.
e) Abandonment: The Tenant vacates or abandons the Premises for a continuous period exceeding thirty (30) days without prior written consent of the Landlord.
f) Failure to Maintain Insurance: Failure of the Tenant to maintain the insurance coverage required under Clause 8 within the stipulated timeframes.
g) Subletting or Assignment without Consent: Assignment, subletting, or transfer of the Premises or any part thereof in violation of the provisions of this Agreement.
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9.2 Landlord’s Remedies Upon Tenant Default
If any Event of Default by the Tenant under Clause 9.1 occurs, the Landlord shall have the right to exercise one or more of the following remedies, in addition to any other rights or remedies available at law or in equity:
a) Notice to Cure: Serve a written notice on the Tenant specifying the default and requiring remedy thereof within fifteen (15) days (or such longer period if reasonably necessary to cure a non-monetary breach) after receipt of such notice (“Cure Period”).
b) Termination of Agreement: f the Tenant fails to remedy the default within the Cure Period, the Landlord may terminate this Agreement by serving written notice of termination to the Tenant with immediate effect or on any date specified therein.
c) Re-Entry and Possession: Upon termination of the Agreement due to Tenant default, the Landlord may re-enter the Premises and take possession thereof without prejudice to any claims for arrears of rent, damages, or other sums payable pursuant to this Agreement.
d) Damages and Costs: The Landlord may recover from the Tenant all damages, costs (including reasonable legal fees and expenses), and losses incurred as a result of the Tenant’s default, including but not limited to unpaid rent, costs of re-letting, and repairs required to make the Premises tenantable.
e) Distress or Other Legal Remedies: Pursue any other remedies available at law or equity, including the right to distrain for arrears of rent or recover possession by appropriate legal proceedings.
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9.3 No Waiver
No acceptance of late rent payment or tolerance of any breach or default by the Landlord shall constitute a waiver of the Landlord’s right to enforce this Agreement strictly according to its terms or any subsequent breach or default by the Tenant. Any waiver must be in writing and signed by the Party granting the waiver.
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9.4 Landlord’s Right to Perform Tenant’s Obligations
If the Tenant fails to perform any obligation under this Agreement within the time specified or within a reasonable time after notice from the Landlord, the Landlord may, but is not obligated to, perform such obligations on behalf of the Tenant and recover all related costs and expenses from the Tenant as a debt payable on demand.
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9.5 Remedies Cumulative
All rights and remedies of the Landlord under this Agreement are cumulative and concurrent and may be exercised separately or together, except to the extent expressly stated otherwise herein.
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9.6 Survival of Obligations
The obligations of the Tenant that survive expiration or termination of this Agreement, including but not limited to payment of due amounts, indemnities, and restoration obligations, shall survive any termination or expiration.
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10. ASSIGNMENT AND SUBLETTING
10.1 General Prohibition: The Tenant shall not, without the prior written consent of the Landlord (which consent shall not be unreasonably withheld, conditioned, or delayed), assign, transfer, charge, mortgage, pledge, or otherwise dispose of or encumber this Agreement or any interest therein, or sublet, license, or otherwise permit occupancy of the whole or any part of the Premises to any third party (“Assignment” or “Subletting”).
10.2 Request for Consent: To obtain the Landlord’s consent, the Tenant shall submit a written request to the Landlord, which shall include:
•	The name, address, and relevant credentials of the proposed assignee or subtenant; 
•	The terms and conditions of the proposed Assignment or Sublease; 
•	Any other information reasonably requested by the Landlord to evaluate the proposed assignee’s or subtenant’s financial stability, business reputation, and compatibility with the permitted use of the Premises.
10.3 Landlord’s Consent: The Landlord shall respond to the Tenant’s request for consent within thirty (30) days of receipt of all required documents and information. Consent shall not be unreasonably withheld but may be withheld on reasonable grounds including but not limited to:
•	The financial standing or reputation of the proposed assignee or subtenant; 
•	The proposed use or business of the assignee or subtenant being inconsistent with the permitted use under this Agreement; 
•	Concerns regarding the compatibility of the proposed occupant with other tenants; 
•	Previous breaches or defaults by the Tenant or the proposed assignee/subtenant under similar agreements.
10.4 No Release of Tenant: Notwithstanding any Assignment or Subletting consented to by the Landlord, the Tenant shall remain fully liable and responsible to the Landlord for the performance of all Tenant obligations under this Agreement. No assignment or subletting shall release the Tenant from liability unless expressly agreed in writing by the Landlord.
10.5 Terms of Sublease or Assignment: Any approved Assignment or Subletting shall be on terms consistent with this Agreement, and the Tenant shall ensure that the assignee or subtenant complies in all respects with the terms of this Agreement. Failure by the assignee or subtenant to comply shall be deemed a breach by the Tenant.
10.6 Assignment to Affiliate or Change of Control: Notwithstanding the foregoing, the Tenant may assign this Agreement or sublet to an affiliate or successor entity without the Landlord’s consent provided:
•	The Tenant provides the Landlord with prior written notice, including details of the entity taking the assignment or sublease; 
•	The assignee or subtenant assumes all obligations and liabilities under this Agreement; 
•	There is no material change in the ownership, management, or control of the Tenant without prior Landlord approval.
10.7 Prohibited Assignments/Subleases: Any Assignment or Subletting to a competitor of the Landlord, or to any entity whose business may damage the reputation or value of the Premises or Landlord’s property, shall be grounds for withholding consent.
10.8 Costs: The Tenant shall bear all reasonable costs and expenses incurred by the Landlord related to the review, approval, and documentation of any Assignment or Subletting, including legal fees.
10.9 Effect of Unauthorized Assignment or Subletting: Any unauthorized Assignment or Subletting shall be void and shall constitute a material breach, entitling the Landlord to terminate this Agreement immediately and pursue all remedies available at law or equity.
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14. FORCE MAJEURE
14.1 Definition: For the purposes of this Agreement, a “Force Majeure Event” shall mean any event or circumstance beyond the reasonable control of the Party affected, including but not limited to:
•	Acts of God such as earthquakes, floods, storms, hurricanes, fire, or other natural disasters; 
•	Acts of war, invasion, hostilities (whether war is declared or not), terrorism, riots, civil commotion, rebellion, revolution, insurrection, military or usurped power; 
•	Epidemics, pandemics, quarantine restrictions, or other public health emergencies declared by competent governmental or international authorities; 
•	Actions, restrictions, or regulations imposed by governmental or regulatory authorities, including embargoes, trade restrictions, or changes in law; 
•	Strikes, lockouts, labor disputes, or other industrial disturbances affecting a Party or its suppliers, contractors, or service providers; 
•	Failure or delay of suppliers or contractors due to one or more of the foregoing events; 
•	Any other event beyond the reasonable control of the affected Party which prevents or substantially hinders the performance of its obligations under this Agreement.
14.2 Notification: The Party affected by a Force Majeure Event (“Affected Party”) shall promptly notify the other Party in writing within five (5) business days of the occurrence of such event, specifying:
•	The nature of the Force Majeure Event; 
•	The expected duration of the event; 
•	The obligations impacted by such event; 
•	Reasonable details of measures being taken to mitigate the effects and resume performance.
Failure to provide such notice shall be deemed a waiver of any claim for relief under this Clause with respect to the period prior to notice.
14.3 Suspension of Obligations: The obligations of the Affected Party under this Agreement, to the extent directly affected by the Force Majeure Event, shall be suspended during the continuance of the Force Majeure Event and for such period as the event or its effects continue.
14.4 Reasonable Efforts to Mitigate: The Affected Party shall use all reasonable endeavors to mitigate the effects of the Force Majeure Event and resume performance of its obligations as soon as reasonably practicable. This includes cooperating with the other Party and taking alternative measures where feasible.
14.5 Extension of Time: Any period for performance of obligations delayed or suspended due to a Force Majeure Event shall be extended for a period equivalent to the delay or suspension caused by such event.
14.6 Termination Rights: If a Force Majeure Event subsists continually for a period exceeding ninety (90) consecutive days, either Party shall have the right to terminate this Agreement by providing at least thirty (30) days’ prior written notice to the other Party, without liability for damages or penalty, except for obligations accrued prior to termination.
14.7 Effect of Termination: Termination under this Clause shall be without prejudice to any rights or liabilities accrued prior to the termination date. Neither Party shall be liable for failure to perform obligations subsequent to termination due to the Force Majeure Event.
14.8 Non-Applicability: Force Majeure shall not excuse the Tenant’s payment obligations, including rent and amounts accrued prior to the Force Majeure Event, which shall remain due and payable in accordance with this Agreement.
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15. DAMAGE OR DESTRUCTION
15.1 Notification of Damage: In the event that the Premises are partially or totally damaged, destroyed, or rendered unfit for use or occupation by fire, flood, natural calamity, accident, or any other cause (whether insured or uninsured), the Tenant shall promptly notify the Landlord in writing, providing details of the nature, extent, and estimated impact of such damage.
15.2 Landlord’s Obligation to Repair or Rebuild: Subject to the availability of insurance proceeds and the provisions of this Agreement, the Landlord shall use reasonable efforts to repair or rebuild the Premises to a condition substantially similar to that existing immediately prior to the damage, within a reasonable period taking into account the severity of the damage, insurance processes, and prevailing circumstances.
15.3 Suspension or Reduction of Rent: From the date the Premises are rendered partially or wholly unfit for the Tenant’s permitted use, the Monthly Rent shall be equitably reduced or suspended, as appropriate and proportionate to the extent to which the Premises are unusable or inaccessible to the Tenant. Such adjustment shall continue until the Premises are restored to a suitable condition for use.
15.4 Tenant’s Rights on Extensive Damage or Delay: If, in the judgment of the Parties or by reference to a qualified third party (such as an independent architect or surveyor) mutually agreed upon:
a) The Premises cannot be restored or made suitable for the Tenant’s permitted use within six (6) months from the date of such damage; or
b) The Landlord does not commence repair or rebuilding within sixty (60) days after receipt of notice of such damage,
then either Party may terminate this Agreement by giving the other Party not less than thirty (30) days’ prior written notice.
15.5 Obligations Upon Termination for Damage: Upon termination under this Clause:
•	The Tenant shall vacate and surrender possession of the Premises to the Landlord in accordance with Clause 19 of this Agreement; 
•	The Landlord shall refund to the Tenant any prepaid rent, after deducting any outstanding sums due, calculated on a prorated basis up to the date of termination.
15.6 Insurance Proceeds and Restoration Costs: The Landlord shall apply any insurance proceeds received in respect of the Premises to the repair or reconstruction thereof. The Tenant shall have no claim on insurance proceeds unless such proceeds are payable directly to the Tenant under an insurance policy maintained by the Tenant.
15.7 Tenant’s Obligations During Repair: During the repair or restoration period, the Tenant shall permit reasonable access to the Landlord and its contractors to carry out the necessary works. The Tenant shall take reasonable steps to protect its property within the Premises but shall have no obligation to repair or rebuild structural damage.
15.8 No Liability for Interruption: The Landlord shall not be liable to the Tenant for any loss of business, inconvenience, or other damages arising from any damage, repair work, or interruption of services, except where due to the Landlord’s gross negligence or willful misconduct.
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16. ENTRY AND INSPECTION
16.1 Right of Entry: The Landlord, its agents, employees, contractors, representatives, or any authorized persons (collectively, “Authorized Representatives”) shall have the right to enter the Premises during reasonable hours on reasonable prior notice to the Tenant to the extent practicable and except in cases of emergency, for the purposes set out in this Clause, provided such entry does not materially interfere with the Tenant’s lawful business operations.
16.2 Purposes for Entry: The Authorized Representatives may enter the Premises for the following purposes:
a) To inspect the condition and state of repair and maintenance of the Premises;
b) To carry out any repairs, maintenance, alterations, replacements, or improvements which the Landlord is responsible for under this Agreement;
c) To ensure compliance with the terms of this Agreement including health, safety, and legal requirements;
d) To show the Premises to prospective purchasers, financiers, mortgagees, or new tenants during the final three (3) months prior to the expiration or earlier termination of this Agreement;
e) To inspect, install, repair, or maintain any utilities, services, or equipment related to the Premises;
f) To carry out any lawful governmental or regulatory inspections or compliance activities.
16.3 Notice of Entry: Except in the case of emergency where no prior notice shall be required, the Landlord shall provide the Tenant with at least forty-eight (48) hours’ prior written or electronic notice specifying the date, approximate time, and purpose of such entry.
16.4 Emergency Access: In the event of an emergency affecting the Premises or neighboring properties, including but not limited to fire, flood, gas leak, or structural danger, the Landlord or its Authorized Representatives may enter the Premises immediately without prior notice to the Tenant to remedy or mitigate the emergency conditions.
16.5 Tenant’s Cooperation: The Tenant shall provide reasonable cooperation and assistance to the Landlord and its Authorized Representatives for proper inspection, maintenance, or repairs. The Tenant shall not obstruct or impede lawful entry or activities undertaken by the Landlord pursuant to this Clause.
16.6 Limitations on Access: The Landlord shall use reasonable care to minimize disruption to the Tenant’s business operations and shall comply with all applicable laws and confidentiality obligations during any visits to the Premises.
16.7 No Waiver of Quiet Enjoyment: Exercise of the Landlord’s rights under this Clause shall not constitute a trespass or breach of the Tenant’s right to quiet enjoyment provided the Landlord acts in accordance with the provisions of this Agreement.
16.8 Costs: Unless damage or neglect warrant otherwise, the Landlord shall bear the cost of repairs in connection with entry and activities carried out pursuant to this Clause. The Tenant shall be responsible for damages caused by its obstruction or breach of cooperation obligations.
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17. SIGNAGE
17.1 Tenant’s Right to Install Signage: The Tenant shall have the right, at its own cost and expense, to install, display, maintain, and replace signs, nameplates, logos, advertising materials, or other signage (“Signage”) on the Premises to identify or promote its business, subject to compliance with the terms of this Clause and all applicable laws and regulations.
17.2 Approval of Signage: Prior to the installation, alteration, or removal of any Signage, the Tenant shall submit detailed plans, drawings, specifications, locations, size, design, materials, and types of Signage (including lighting and illumination details, if applicable) to the Landlord for prior written approval, which shall not be unreasonably withheld, conditioned, or delayed.
17.3 Compliance with Laws and Regulations: All Signage installed by the Tenant shall comply in all respects with:
•	Applicable municipal, state, and central government laws, rules, bylaws, regulations, and codes, including signage, advertising, building, and electrical standards; 
•	Any covenants, restrictions, or policies imposed by the Landlord’s insurer or lender; 
•	Any requirements imposed by local authorities, statutory bodies, or property management.
17.4 Installation and Removal: 
•	The Tenant shall be responsible for obtaining all necessary permits and approvals required for the installation and display of Signage; 
•	The installation, maintenance, replacement, and removal of Signage shall be performed in a professional, safe, and workmanlike manner, using licensed contractors where applicable; 
•	The Tenant shall ensure that the Signage does not cause damage to the Premises or adjoining properties.
17.5 Cost and Maintenance: The Tenant shall bear all costs and expenses associated with the design, fabrication, installation, maintenance, repair, alteration, and removal of the Signage throughout the Term. The Tenant shall maintain the Signage in good repair and condition at all times.
17.6 Landlord’s Right to Inspect: The Landlord reserves the right to inspect the Signage periodically to ensure compliance with this Clause and may require the Tenant to remove, repair, or modify any Signage that does not comply with agreed specifications or legal requirements.
17.7 Removal Upon Expiry or Termination: Upon the expiration or earlier termination of this Agreement, or upon request of the Landlord:
•	The Tenant shall promptly remove all Signage installed by the Tenant at its own cost; 
•	The Tenant shall repair any damage to the Premises, including any holes, marks, or disfigurements caused by the installation or removal of such Signage, to the Landlord’s reasonable satisfaction; 
•	If the Tenant fails to remove the Signage within thirty (30) days of termination or request, the Landlord may remove or dispose of the Signage at the Tenant’s cost.
17.8 No Liability for Refusal: The Landlord shall not be liable for any costs, damages, or loss incurred by the Tenant due to refusal to approve Signage, removal requirements, or compliance enforcement, provided such refusals or requirements are reasonable and lawful.
17.9 Indemnity: The Tenant shall indemnify, defend, and hold harmless the Landlord against any claims, damages, penalties, or liabilities arising from the installation, use, maintenance, or removal of the Signage, including violation of laws or damage to third parties or property.
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18. QUIET ENJOYMENT
18.1 Tenant’s Right to Quiet Enjoyment: Subject to the terms and conditions of this Agreement, so long as the Tenant duly and punctually pays all rent and other amounts due and performs all covenants and obligations contained herein, the Tenant shall peacefully and quietly hold, possess, and enjoy the Premises throughout the Term, without any unlawful or unwarranted disturbance, interruption, or eviction by the Landlord or anyone lawfully claiming under or through the Landlord.
18.2 Landlord’s Covenant: The Landlord hereby covenants with the Tenant that the Tenant shall have quiet and peaceful enjoyment and possession of the Premises for the agreed term, free from any lawful charges, claims, demands, or encumbrances made by the Landlord and subject to the Tenant’s compliance with this Agreement.
18.3 Limitations on Quiet Enjoyment: The right to quiet enjoyment shall not be infringed by:
a) Reasonable entry by the Landlord or its authorized representatives as permitted under this Agreement for inspection, repairs, maintenance, or as otherwise required under Clause 16 (Entry and Inspection);
b) Exercise of any lien, mortgage, or security interest held by the Landlord, provided such exercise is lawful and conducted with due regard for the Tenant’s rights;
c) Actions by third parties over whom the Landlord has no control;
d) Compliance with any court order, governmental authority directives, or lawful regulations affecting the Premises.
18.4 Tenant’s Obligations Affecting Quiet Enjoyment: The Tenant shall not do or permit anything which may:
•	Interfere with or disturb the quiet enjoyment or use by the Landlord or any other tenants or neighboring properties; 
•	Cause nuisance, annoyance, or damage to the Premises or other users; 
•	Breach any laws, rules, or regulations applicable to the Premises.
18.5 Remedies for Breach: If the Tenant suffers any unlawful disturbance, eviction, or interference with the Tenant’s quiet enjoyment caused by the Landlord or persons claiming by or through the Landlord, and the Landlord fails to remedy such disturbance within a reasonable time after written notice from the Tenant, the Tenant shall be entitled to pursue any remedies available under this Agreement or at law.
18.6 Exclusion of Damages for Minor Interference: Minor or temporary interruptions or inconveniences arising from repairs, maintenance, or any lawful activity that does not materially and adversely affect the Tenant’s use and enjoyment shall not constitute a breach of quiet enjoyment.
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19. SURRENDER OF PREMISES
19.1 Vacating and Delivery: Upon the expiration or earlier termination of this Agreement, the Tenant shall peacefully vacate the Premises and deliver vacant, quiet, and peaceful possession thereof to the Landlord on or before the expiry or termination date, without any encumbrances, liens, or third-party claims.
19.2 Condition of Premises: The Tenant shall surrender the Premises in good and tenantable condition, reasonable wear and tear excepted, and shall repair and make good any damage caused by the Tenant, its employees, agents, contractors, or invitees during the Term of this Agreement, including but not limited to:
•	Holes or damage to walls, floors, ceilings, windows, or doors; 
•	Damage arising from the installation or removal of trade fixtures, equipment, or signage; 
•	Any alterations or additions made by the Tenant without the Landlord’s prior written consent; 
•	Removal of all rubbish, debris, and personal property of the Tenant.
19.3 Removal of Tenant’s Goods: The Tenant shall remove all its movable goods, trade fixtures, furniture, equipment, signage, and any other materials brought onto the Premises by the Tenant prior to surrender. Any Tenant property remaining on the Premises after surrender shall be deemed abandoned and may be removed or disposed of by the Landlord at the Tenant’s cost and risk.
19.4 Restoration of Alterations: Unless otherwise agreed by the Landlord in writing, the Tenant shall, at its own cost, restore the Premises to their original state as at the commencement of the tenancy, including removal of authorized alterations, additions, or improvements.
19.5 Final Inspection: The Landlord and Tenant shall conduct a joint inspection of the Premises at or near the time of surrender to assess the condition and identify any repairs or restorations required. The Tenant agrees to promptly carry out or pay for any necessary remedial works agreed or determined as per this inspection, failing which the Landlord may perform the work and recover the costs from the Tenant.
19.6 Outstanding Obligations: The Tenant shall settle all outstanding rent, utilities, taxes, and other charges payable under this Agreement up to and including the date of surrender.
19.7 Keys and Access Devices: The Tenant shall return all keys, access cards, security codes, and other devices or materials used for entry or access to the Premises to the Landlord upon surrender.
19.8 No Damage to Property: The Tenant shall ensure that no damage is caused to the Premises or any part thereof during the removal of goods, fixtures, or signage. Any damage caused shall be made good by the Tenant at its expense.
19.9 Survival: The Tenant’s obligations under this Clause, including repair and restoration obligations, shall survive the expiration or termination of this Agreement.
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21. SEVERABILITY
21.1 Severability of Provisions: If any provision, term, or part of this Agreement is held to be invalid, illegal, unenforceable, or contrary to any statute, rule, regulation, or public policy by a court or competent authority of applicable jurisdiction, such provision shall be deemed severed from this Agreement to the extent of such invalidity or unenforceability, without affecting the validity, legality, or enforceability of the remaining provisions, terms, or parts of this Agreement, which shall continue in full force and effect.
21.2 Replacement of Invalid Provisions: The Parties shall use their best efforts to negotiate in good faith a valid and enforceable provision that most closely reflects the original intent and economic effect of the invalid or unenforceable provision. Until such replacement provision is agreed upon, the remainder of this Agreement shall remain binding.
21.3 Partial Invalidity: If any provision is invalid or unenforceable only in part or under certain circumstances but valid and enforceable in other parts or circumstances, then the provision shall be construed as if it were limited to the valid and enforceable part or circumstances only.
21.4 Effect on Agreement: Nothing contained in this Clause shall be interpreted as implying that the Agreement will fail in whole or in part due to a severance of any provision, and the Parties expressly agree that the Agreement is intended to survive and operate notwithstanding the severance of any invalid, illegal, or unenforceable terms.
21.5 Good Faith Cooperation: The Parties agree to cooperate in good faith to amend or supplement this Agreement as may be required to give effect to the intended commercial outcome of the Agreement while ensuring compliance with applicable laws and regulatory requirements.
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22. SUCCESSORS AND ASSIGNS
22.1 Binding Effect: This Agreement shall be binding upon and shall inure to the benefit of the Parties hereto and their respective heirs, executors, administrators, legal representatives, successors, and permitted assigns. All covenants, agreements, terms, and conditions contained in this Agreement shall apply to and be enforceable by and against such successors and assigns as fully and effectively as if they were original Parties to this Agreement.
22.2 Permitted Assigns: The Tenant shall not assign, transfer, or pledge its interest or obligations under this Agreement except as permitted under the provisions of this Agreement (including Clause 10 relating to Assignment and Subletting). Any assignment or transfer not made in accordance with this Agreement shall be null and void and shall constitute a material breach entitling the Landlord to exercise its remedies under this Agreement.
22.3 Successors in Interest: Where the Landlord transfers or assigns its interest in the Premises, such successor landlord shall assume all rights, responsibilities, and obligations of the Landlord under this Agreement arising on or after the date of such transfer or assignment without further agreement or action by the Tenant.
22.4 No Release of Original Parties: Notwithstanding any assignment or transfer under this Agreement, the original Party shall remain liable for its obligations hereunder unless expressly released in writing by the other Party.
22.5 Notification of Assignment: The assigning Party shall provide prompt written notice to the non-assigning Party of any permitted assignment or transfer, including the identity and contact details of the successor or assignee.
22.6 Continuity of Agreement: Nothing in this Clause shall affect the continuance of this Agreement and the Parties’ rights and obligations contingent upon performance, except as expressly modified by any permitted assignment or transfer.
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23. COUNTERPARTS & ELECTRONIC SIGNATURE
23.1 Execution in Counterparts: This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be deemed an original, but all such counterparts together shall constitute one and the same instrument. A Party’s signature on any counterpart shall be as effective as if all Parties had signed a single document.
23.2 Electronic Signatures: The Parties agree that signatures, initials, acknowledgments, consents, or approvals made or given by electronic means, including but not limited to scanned signatures, digital signatures, signatures inserted in electronic documents (e.g., PDF), or any other form of electronic authentication shall be deemed valid, binding, and effective for all purposes under this Agreement. Such electronic signatures shall have the same legal effect as original handwritten signatures.
23.3 Delivery of Counterparts: Execution copies of this Agreement, including those transmitted by electronic mail, facsimile, or other electronic means, shall be deemed to have been delivered and received upon such transmission and shall bind the Parties accordingly.
23.4 Record Retention: The Parties agree to maintain records of all electronically executed versions and counterparts of this Agreement for their respective files and future reference.
23.5 Further Assurance: Each Party agrees to furnish to the other Party, at such Party’s request, an executed original or duplicate original of this Agreement or any counterpart hereof to fully effectuate the terms of this Agreement.
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24. STAMP DUTY AND REGISTRATION
24.1 Payment of Stamp Duty and Registration Charges: The Parties hereby agree that all costs, expenses, and charges in connection with the stamping, registration, and execution of this Agreement (including any other documents ancillary or incidental to this Agreement) shall be borne as follows: 
•	The Tenant shall bear and promptly pay the stamp duty and registration fees payable on this Agreement as required under the Indian Stamp Act, the Registration Act, and other applicable laws; 
•	Any additional service charges, legal fees, notary fees, or incidental expenses reasonably incurred in relation to the execution, stamping, and registration of this Agreement shall be borne equally by both Parties unless agreed otherwise in writing.
24.2 Compliance with Applicable Laws: The Parties agree to cooperate and take all necessary steps to comply with all applicable statutory requirements related to the stamping and registration of this Agreement, including but not limited to: 
•	Execution of this Agreement on requisite non-judicial stamp paper of appropriate value; 
•	Payment of applicable stamp duty within the prescribed timeframe; 
•	Presentation and registration of this Agreement with the competent Sub-Registrar’s Office; 
•	Furnishing of necessary documents and information required for registration.
24.3 Timing of Stamp Duty and Registration: The Parties shall endeavor to complete the stamping and registration of this Agreement within a reasonable time period following its execution, but in any event prior to or within the statutory period provided under applicable law to avoid penalties or default.
24.4 Consequences of Non-Registration: If this Agreement is not registered as required by law within the stipulated time period, the Parties acknowledge and agree that: 
•	The unregistered Agreement may not be admissible as evidence before courts or government authorities in case of disputes; 
•	The non-registration or inadequate stamping may subject the responsible Party to penalties, fines, or other legal consequences under relevant laws; 
•	The Parties shall cooperate to rectify any such defects or omissions at their joint expense.
24.5 Indemnity: Each Party shall indemnify and keep indemnified the other Party against any loss, cost, claim, demand, fine, or penalty arising from failure to pay stamp duty or registration charges or any defect in compliance with applicable stamping and registration requirements caused by that Party.
24.6 Possession Pending Registration: Possession and use of the Premises under this Agreement may commence upon execution of this Agreement notwithstanding completion of stamp duty and registration formalities, subject to applicable laws and without prejudice to the Parties' rights and obligations hereunder.
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25. DISPUTE RESOLUTION
25.1 Amicable Settlement: In the event of any dispute, controversy, difference, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof (“Dispute”), the Parties shall, in good faith, endeavor to resolve such Dispute amicably through negotiations and discussions directly between the Parties or their authorized representatives. Either Party may initiate such discussions by written notice to the other Party describing the nature of the Dispute.
25.2 Timeframe for Amicable Resolution: The Parties agree to use their best efforts to resolve the Dispute amicably within thirty (30) days from the receipt of written notice initiating the dispute resolution process. If the Parties achieve a mutually acceptable settlement, they shall reduce the terms of such settlement to writing, which shall be binding upon the Parties.
25.3 Referral to Arbitration: If the Parties are unable to resolve the Dispute amicably within the stipulated 30-day period, the Dispute shall be referred to and finally resolved by arbitration under the provisions of the Arbitration and Conciliation Act, 1996, or any statutory modification or re-enactment thereof for the time being in force.
25.4 Appointment of Arbitrator: The arbitration shall be conducted by a sole arbitrator appointed by mutual agreement of the Parties. If the Parties are unable to agree on the appointment of the sole arbitrator within fifteen (15) days after the expiry of the amicable settlement period, the arbitrator shall be appointed by the appropriate court or authority having jurisdiction as per the Indian Arbitration and Conciliation Act, 1996.
25.5 Place and Language of Arbitration: The venue of the arbitration shall be Bengaluru (Bangalore), Karnataka, India. The language of the arbitration proceedings shall be English.
25.6 Conduct of Arbitration: The arbitration proceedings shall be conducted in accordance with the substantive and procedural laws of India, including the Arbitration and Conciliation Act, 1996. The arbitral tribunal shall have the power to decide on its own jurisdiction, including any objections regarding the existence, validity, or scope of this arbitration agreement.
25.7 Binding Award: The award rendered by the arbitrator shall be final, binding, and enforceable on both Parties and may be entered as a decree in any court of competent jurisdiction.
25.8 Interim Reliefs:Nothing in this Clause shall prevent either Party from seeking interim or conservatory relief in any court of competent jurisdiction pending the constitution or conclusion of the arbitration proceedings.
25.9 Costs of Arbitration: Unless otherwise determined by the arbitrator, each Party shall bear its own costs and expenses of arbitration, including legal fees, and shall share equally the fees and expenses of the arbitrator.
25.10 Confidentiality: The Parties agree that all proceedings and disclosures related to the arbitration shall be confidential, except as necessary to comply with legal requirements or to enforce the arbitral award.
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26. REPRESENTATIONS AND WARRANTIES
26.1 Mutual Representations: Each Party represents and warrants to the other Party that as of the date of this Agreement and throughout the Term:
a) Authority:It has the full power, authority, and legal capacity to enter into, execute, deliver, and perform its obligations under this Agreement and to consummate the transactions contemplated herein. The execution, delivery, and performance of this Agreement have been duly authorized by all necessary corporate or other actions.
b) No Conflicts:The execution, delivery, and performance of this Agreement do not and will not:
•	Violate any provision of applicable laws, statutes, regulations, or ordinances; 
•	Conflict with or result in a breach or default under any agreement, covenant, instrument, court order, or judgment binding on the Party; 
•	Require any consent, approval, license, filing, or authorization from any governmental or regulatory authority, except such consents or approvals that have already been obtained or are obtained as required.
c) Validity and Enforceability:This Agreement constitutes a legal, valid, and binding obligation enforceable against each Party in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, or other laws affecting creditors’ rights generally and by general principles of equity.
26.2 Landlord’s Representations and Warranties:In addition to the general representations above, the Landlord represents and warrants that:
a) The Landlord is the lawful owner of the Premises or has full authority to lease the Premises to the Tenant under this Agreement;
b) The Premises are free from all encumbrances, liens, claims, or charges that would interfere with the Tenant’s quiet enjoyment and lawful use of the Premises, except those disclosed in writing to the Tenant prior to execution;
c) To the best of the Landlord’s knowledge, there are no ongoing litigation, disputes, or governmental actions that would materially affect the Premises or the Landlord’s ability to perform its obligations under this Agreement;
d) All permits, approvals, and licenses required for leasing the Premises have been validly obtained and are in full force and effect.
26.3 Tenant’s Representations and Warranties: In addition to the general representations above, the Tenant represents and warrants that:
a) The Tenant’s intended use of the Premises as permitted under this Agreement is lawful and complies with all applicable zoning, land use, and regulatory requirements;
b) The Tenant has conducted due diligence with respect to the Premises and accepts the Premises in its current condition, save for any defects disclosed by the Landlord;
c) The Tenant shall comply with all laws, statutes, and regulations applicable to its use and occupation of the Premises;
d) The Tenant has no outstanding obligations or legal impediments that would prevent or materially impact its ability to perform its obligations under this Agreement.
26.4 No Other Representations: Except as expressly set forth in this Agreement, neither Party makes any other warranties or representations, express or implied, including without limitation, warranties of merchantability, fitness for a particular purpose, or non-infringement.
26.5 Survival:The representations and warranties herein shall survive the expiration or termination of this Agreement for a period of [specify period, e.g., one (1) year] and shall continue to be binding on the Parties notwithstanding any investigation made by either Party.
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27. CONFIDENTIALITY
27.1 Confidential Information: For the purposes of this Agreement, “Confidential Information” shall mean all information disclosed by one Party (“Disclosing Party”) to the other Party (“Receiving Party”), whether orally, in writing, electronically, or by any other means, including but not limited to:
•	The terms and conditions of this Agreement and any related agreements; 
•	Business operations, strategies, plans, financial information, pricing, and customer or supplier data; 
•	Technical information, designs, processes, know-how, intellectual property, and trade secrets; 
•	Any other information marked or identified as confidential or that ought reasonably to be considered confidential given the nature of the information and circumstances of disclosure.
27.2 Obligations of Confidentiality: The Receiving Party agrees:
a) To keep all Confidential Information strictly confidential and to use the Confidential Information solely for the purpose of performing its obligations and exercising its rights under this Agreement;
b) To restrict disclosure of Confidential Information to those of its employees, agents, contractors, or professional advisors (“Permitted Recipients”) who have a need to know such information and who are bound by confidentiality obligations at least as restrictive as those contained herein;
c) To take all reasonable measures to safeguard the confidentiality of the Confidential Information, using at least the same degree of care as it applies to its own confidential information but in no event less than reasonable care;
d) Not to disclose, publish, or disseminate Confidential Information to any third party without the prior written consent of the Disclosing Party, except as expressly permitted herein.
27.3 Permitted Disclosures:The Receiving Party may disclose Confidential Information to the extent required by law, regulation, court order, or governmental authority provided that:
•	The Receiving Party, to the extent legally permissible, provides the Disclosing Party with prompt written notice of such requirement; 
•	The disclosure is limited to the specific information legally required; and 
•	The Receiving Party uses reasonable efforts to obtain confidential treatment or protective orders as appropriate.
27.4 Exclusions:
Confidential Information shall not include information which:
a) Is or becomes publicly available through no fault or breach of this Agreement by the Receiving Party;
b) Is lawfully received from a third party without restriction and without breach of any confidentiality obligation;
c) Was known to the Receiving Party prior to disclosure by the Disclosing Party as evidenced by written records;
d) Is independently developed by the Receiving Party without use of or reference to the Disclosing Party’s Confidential Information.
27.5 Return or Destruction: Upon expiration or termination of this Agreement, or upon written request by the Disclosing Party, the Receiving Party shall promptly return or destroy all Confidential Information in its possession or control, including all copies, notes, or derivatives thereof, and shall certify in writing that such return or destruction has been completed.
27.6 Injunctive Relief: The Receiving Party acknowledges that unauthorized disclosure or use of the Confidential Information may cause irreparable harm to the Disclosing Party for which monetary damages may be insufficient. Accordingly, the Disclosing Party shall be entitled to seek injunctive or equitable relief in the event of any actual or threatened breach of this Clause, in addition to any other remedies available at law or equity.
27.7 Survival: The obligations of confidentiality contained in this Clause shall survive the expiration, termination, or rescission of this Agreement for a period of [specify period, e.g., three (3) years] or for so long as the information remains Confidential Information under applicable law, whichever is longer.
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28. NOTICES
28.1 Form of Notices: All notices, demands, communications, consents, approvals, or requests (collectively, “Notices”) required or permitted to be given under this Agreement shall be in writing and shall be deemed duly given if:
a) Delivered personally; 
b) Sent by registered post or certified mail (return receipt requested);
c) Sent by nationally recognized courier service providing proof of delivery; or
d) Sent by email with delivery/read receipt confirmation, provided the sender does not receive a failure or bounce-back notification.
28.2 Addresses for Service: Notices must be sent to the respective Parties at the following addresses or such other address as may be notified in writing by a Party to the other Party from time to time:
To the Landlord:
Priyanka G
Hombelaku, 473, 4th Cross, Nagarbhavi 14th Block,
Road opposite Tata Croma, Bangalore North,
PO: Nagarbhavi, Dist: Bengaluru, Karnataka – 560072
Email: [Insert Landlord’s Email Address]
Phone: [Insert Landlord’s Phone Number]
To the Tenant:
Rahul, S/o Shayam Sunder Mittal
No. 269, 9th Cross, 4th Main Road, NGEF Layout,
Nagarabhavi, Bangalore – 560072
Email: [Insert Tenant’s Email Address]
Phone: [Insert Tenant’s Phone Number]
28.3 Effective Date of Receipt: Unless otherwise proven, a Notice shall be deemed to have been received:
a) If delivered personally, on the date of delivery; 
b) If sent by registered post or courier, five (5) business days after posting or dispatch;
c) If sent by email, on the date the sender receives a delivery or read receipt confirmation, provided the confirmation is received before 5:00 PM on a business day; if received after 5:00 PM or on a non-business day, the notice shall be deemed received on the next business day.
28.4 Change of Address: Either Party may change its address for Notices to a different address or contact details by providing written Notice to the other Party in the manner provided above. Such change shall be effective five (5) business days after receipt of such notice.
28.5 Language of Notices: All Notices must be in the English language unless otherwise agreed by the Parties in writing.
28.6 Preservation of Proof: Each Party shall keep proof of sending such Notices and communication (such as courier receipts, postal receipts, or electronic acknowledgments) as evidence of service.
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29. GOVERNING LAW AND JURISDICTION
29.1 Governing Law: This Agreement, including all matters arising out of or relating to its formation, interpretation, performance, breach, or enforcement, shall be governed by and construed in accordance with the laws of India and specifically the laws of the State of Karnataka as applicable to agreements executed and to be performed within that jurisdiction, without regard to conflicts of law principles that would require the application of the laws of any other jurisdiction.
29.2 Exclusive Jurisdiction: The Parties irrevocably agree that the courts located in Bengaluru (Bangalore), Karnataka, India shall have exclusive jurisdiction to settle any dispute, action, or proceeding arising out of or in connection with this Agreement, including any question regarding its existence, validity, termination, or breach.
29.3 Submission to Jurisdiction: Each Party hereby irrevocably submits to the jurisdiction of such courts and waives, to the fullest extent permitted by applicable law, any objection to the jurisdiction of such courts, including claims of inconvenient forum or lack of jurisdiction.
29.4 Waiver of Immunity: Each Party expressly waives any immunity from jurisdiction or enforcement of judgments that it may have under any applicable law in respect of proceedings brought in such courts.
29.5 Service of Process: Each Party agrees that service of process or any other legal notice in connection with any proceedings brought in the courts specified herein may be effected by mailing a copy thereof by registered or certified mail, postage prepaid, to such Party at its address for Notices under Clause 28 of this Agreement.
29.6 No Preclusion of Alternative Remedies: Nothing in this Clause shall restrict or limit the rights of either Party to seek interim or interlocutory relief (including injunctions, specific performance, or declaratory relief) from any competent court of jurisdiction pending the appointment of an arbitrator or final resolution of a dispute.
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30. ENTIRE AGREEMENT
30.1 Integration: This Agreement, including all schedules, annexures, attachments, and documents incorporated by reference, constitutes the entire understanding and agreement between the Parties with respect to the subject matter herein and supersedes any and all prior agreements, understandings, negotiations, representations, warranties, or communications, whether oral or written, relating to the Premises and the transaction contemplated herein.
30.2 Supersession of Prior Agreements: All previous agreements, promises, negotiations, or representations, whether expressed, implied, or collateral, that are not expressly set forth in this Agreement shall have no force or effect and shall be deemed null and void upon the execution of this Agreement.
30.3 Exclusion of External Evidence: Except as otherwise provided in this Agreement, the Parties waive any right to contest the validity or enforceability of this Agreement or its terms based on any agreements, representations, warranties, or understandings not expressly recorded herein or incorporated by reference.
30.4 Amendments and Modifications: No amendment, modification, addition, or waiver of any provision of this Agreement shall be valid or binding unless made in writing, signed by duly authorized representatives of both Parties. Any such written amendment shall specifically refer to this Agreement and shall be deemed part of this Agreement.
30.5 No Oral Waiver: No oral agreement or communication shall operate as a waiver or amendment of any part of this Agreement, and no waiver shall be implied from any conduct unless expressly provided in writing.
30.6 Severability: If any provision of this Agreement is held to be invalid or unenforceable in whole or in part, such invalidity or unenforceability shall not affect the other provisions of this Agreement, which shall remain fully enforceable.
30.7 Counterparts: This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which taken together shall constitute one and the same instrument.
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31. EXECUTION
31.1 Execution of Agreement: This Agreement shall be executed by the Parties hereto through their duly authorized representatives, who warrant that they have full authority to enter into and bind the respective Party to the terms and conditions of this Agreement.
31.2 Date of Execution: This Agreement shall be deemed to have been executed and come into effect on the date first mentioned above, irrespective of the date on which the Parties may physically sign the Agreement (the “Effective Date”).
31.3 Signatures: The Parties hereto shall sign this Agreement in the space provided at the end hereof. The signatures of the Parties, whether handwritten or electronic (as per Clause 23 relating to Electronic Signatures), shall constitute valid execution of this Agreement.
31.4 Witnessing: The signatures of the Parties shall be attested by at least two (2) independent witnesses. Each witness shall provide their full name, signature, date of witnessing, and residential address. Witnesses shall not be parties to this Agreement or related to the Parties.
31.5 Delivery of Executed Copies: Each Party shall be entitled to retain an original duly signed copy of this Agreement. The Parties agree that electronic or scanned copies of the executed Agreement shall be sufficient for all legal and enforcement purposes unless specifically required otherwise by law.
31.6 Binding Effect: Upon execution, this Agreement shall become a legally binding contract enforceable against the Parties in accordance with its terms.
31.7 Further Assurance: The Parties agree to execute and deliver any further documents, agreements, or instruments and take any additional actions necessary or desirable to give full effect to the provisions and intent of this Agreement.
Landlord: 

________________________________________
Priyanka G
Date: ________________________
Tenant: 

________________________________________
Rahul S/o Shayam Sunder Mittal
Date: ________________________
________________________________________
Witnesses
Name	Signature	Date	Address
__________________	____________	__________	________________________________________
__________________	____________	__________	________________________________________
End of Agreement



Please reduce the length of rental agreement and make proper content one