THIS INDENTURE of lease is made at …………….. this …………….. day of …………….., 2000, between A,
son of …………….. resident of ……………. (hereinafter called “the lessor”, which expression shall, unless
repugnant to the context and meaning include his heirs, successors, administrators and assigns) of the
ONE PART and ……………………… a company incorporated under the Companies Act, 1956 and having its
registered office at …………….. (hereinafter called “the Lessee”, which expression shall, unless be
repugnant to the context and meaning, include its successors and assigns) of the OTHER PART.
WHEREAS the lessor is absolutely seized and possessed or otherwise well and sufficiently entitled to the
building bearing Municipal No. …………….. situated at ..
AND WHEREAS on the request of the Lessee, the lessor has agreed to grant lease in respect of the
demised premises for a term of …………….. years in the manner hereinafter appearing.
NOW THIS DEED WITNESSETH AS FOLLOWS:
1. In pursuance of the said agreement and in consideration of the rent hereby reserved and of
the covenants, conditions and stipulations hereinafter contained and on the Lessee’s part to be paid,
observed and performed, THE LESSOR HEREBY DEMISES UNTO THE LESSEE ALL THAT the
building bearing Municipal No. situated at (more particularly described in Schedule I hereto) and
hereinafter called as the demised premises, TOGETHER WITH ALL the fixtures and fittings therein, (a
complete list whereof is given in Schedule II hereto) TOGETHER WITH the electrical installations and
together with the right for the Lessee, its employees, servants, agents, customers and persons
authorized by the Lessee in common with the Lessor and all the persons authorized by the lessor to use
the entrances, door ways, entrance hall, stair cases, landings and passages in the demised premises for
the purpose of ingress thereto, TO HOLD the demised premises unto the Lessee for the period of
…………….. years only commencing from the …………….. and determining on …………….. but determinable
earlier as hereinafter provided PAYING there for unto the Lessor during the said term monthly rent of
Rs……………… payable by the tenth of each succeeding calendar month to which it relates.
2. The lessee hereby covenants with the lessor as follows:
(a) To pay the rent as aforesaid on the days and in the manner aforesaid.
(b) To pay rates, taxes, assessment, duties, cess, impositions, outgoings and burdens whatsoever
payable to State of ……………… Municipal Corporation of……………… local or other authority, which may at
any time or from time to lime during the term hereby created be imposed or charged upon the demised
premises.
(c) To pay the electricity bills for the electricity consumed for lighting the demised premises and for
operation of Air Conditioners, Fans, Computers and electrical appliances in the demised premises.
(d) Not to make any structural alterations into or upon the demised premises or make any alterations
or addition to the external appearance or any part of the demised premises without the previous consent
of the Lessor in writing.
(e) To use the demised premises for office purposes of the Lessee.
(f) Not to do or suffer to be done in or upon the demised premises or other parts of the said building
in common with other persons anything whatsoever, which may be or become a nuisance or annoyance
to or in any way interfere with the quiet or comfort of the Lessor or other Lessees and occupiers of the
said building.
(g) Not to place or keep or permit to be placed or kept on the demised premises any offensive,
dangerous or highly inflammable or explosive material or any other article or things, which may constitute
a danger, nuisance or annoyance to the demised or surrounding premises or the owners or occupiers
thereof.
(h) Not to sub-let, transfer, assign or part with the possession of the demised premises or any part
thereof.
(i) To permit the Lessor, his servants, employees or agents duly authorized by him to enter into and
upon the demised premises at all reasonable times for viewing the condition of the demised premises or
doing such works or things as may be requisite or necessary for any repairs, alteration, servicing or
improvements to the demised premises.
(j) To hand over the peaceful possession of the demised premises at the end or the sooner
determination of the said term together with all the Lessor’s fixtures and fittings in as good condition as
received, fair wear and tear, damage by fire, acts of God, riots or other civil commotion, war, enemy
action and/or other cause not within the control of the Lessee, being excepted.
(k) Not to obstruct or suffer to be obstructed the entrance hall, entrances, doorways, passages,
staircase or lifts.
(l) To insure and keep the demised premises insured against loss or damages by fire with an
insurance company approved in writing by the Lessor for an amount which shall be not less than Rs.
……………… unless otherwise agreed to in writing between the parties.
(m) To carry minor repairs in the demised premises not exceeding 9 the extent of Rs. 10,000 per year.
(n) To replace all broken fittings and fixtures by equally good or better substitutes.
3. The Lessor doth hereby covenant with the Lessee as follows:
(a) That on the Lessee paying the rent on the due dates thereof and in the manner herein provided and
observing and performing the covenants, conditions and stipulations herein contained and on his part to
be observed and performed, shall peaceably and quietly hold, possess and enjoy the demised premises
during the term without any interruption, disturbance, claim and demand by the Lessor or any person
lawfully claiming under or trust for the Lessor.
(b) To keep the interior, exterior of the demised premises, the drainage thereof and the water pump in
good and tenable repair and condition.
(c) To keep the entrance, door ways, entrance halls, staircases, lobbies and passages in the said
building leading to demised premises well and sufficiently cleaned and lighted at his own expenses.
4. It is hereby agreed and declared that these presents are on the express condition, that if the
rent or any part thereof payable in respect of the demised premises shall be in arrears for a period of two
months or by if the Lessee shall omit to perform or observe any covenants or conditions on the lessee’s
part herein contained, the Lessor may re-enter upon the demised premises provided that the Lessor has
served a notice to the Lessee and a period of one month has elapsed after the issue of such notice, the
Lessee does not pay the rent or does not perform or observe the covenant or condition and thereupon
this demise and all rights of the Lessee hereunder shall determine.
IT IS HEREBY EXPRESSLY AGREED BETWEEN THE PARTIES AS FOLLOWS:
(a) The lessee shall be entitled to erect fittings, fixtures, wooden partitions, cabins or make any such
addition or alteration, as may be necessary for its use by the Lessee; provided that the lessee shall
remove the said fittings, fixtures, wooden partitions, cabins, additions or alterations and restore the
demised premises to the Lessor on the expiry of the term or sooner determination of the lease in the
same condition as existed before making such changes.
(b) If the Lessor fails to pay the taxes, charges, assessment payable by him, or fails to carry out the
necessary repairs and other work which he has to carry out as provided herein, the Lessee may after one
month notice in writing, pay, discharge and can out the same at its own cost and the Lessee may set off
the same from the rent payable to the Lessor under these presents.
5. This Lease Deed shall be executed in duplicate. The original shall be retained by the Lessor
and the duplicate by the Lessee.
6. The stamp duty and all other expenses in respect of this Lease Deed and duplicate thereof
shall be borne and paid by the Lessee.
7. The marginal notes and the catch lines hereto are meant only for convenience of references
and shall not in any way be taken into account in the interpretation of these presents.
IN WITNESS WHEREOF, the Lessor has set its hand unto these presents and a duplicate hereof and the
Lessee has caused its common seal to be affixed hereunder and a duplicate hereof on the day, month
and year first hereinabove written.
The Schedule I above referred to
The Schedule II above referred to
Signed and delivered by the within named lessor ……
The common seal of the within named Lessee …………..
Pvt. Ltd. was hereunto affixed pursuant to the resolution
of its Board of Directors passed on the ………..
in the presence of Shri …………….. and Shri ..
……………. Directors who have signed these presents
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