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fri) MRS,IIETALBENttr-

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on this 30e dey of

addq

$in

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WHEREAS the parties named abovg desirous ofhave

business in parmershipagreed in consideration of sharing the profits or

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arc z{o-i-^--- .- :are desirous to incorporate the tenns and conditions of the par{ership m't'ally agreedbetween them in a formal dred ofpartnenhip. '-_l--..' '

on the terms and conditions as arc contairred hereunder :_ i

business ofthe partrership firm shat be carried on under ltheI

name and sgle of0I undgf su0h 6ther o.mu aod/o. nanes as riray be decided by the

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fro:m time to lime-

F.manufacture, produce, process, assemble, trade, imporg of any kindof components ofAll fJ"e & kinds oflaminate sheet, p

Boardpre-lamination sheets/board, Erectical Insuration Board, wood proflucts, pap€r producs-suchbusiness to which parties hereto may agee upon from irme to time.

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NO.88, HADMATALA INDUSTRIALSANTOSH Pnrl"Rnr Drlrr'-,, ^T nr^SANTOSE PETROL PUMPAT EADe-TvRArKor rhe principal place of business,rl ffi#;euffiir :fffl:

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io.iThe partnership shall be deemedto bave commenced we.f. rs da of october 201?.

2t6lP a ;tut.,s rVAASri rotiCa

Interest at the rate of 12 ner c.enr m, an6rr* ^_ jper cent per annurn or as may be predcribed under section 40(b) (iv) of the Inoome rax A*, 1961 or any other appricableiprovirion u, may be inforce in the income-bx assessment of the partnenhip firm r"rj,n" rerevant accountingperiod shall be payable to the partners on the anc.ount ,ru,ooin, to the credit of the&ccount of the partrers' The parfners can raise or reduce rate jof

'rterest ryrth mrfual

conseft as per m al understanding betlveen them on year to year basis.

6. REMUNERATIONTOPARTNERS

i- Remuneration includes any payment of salary, bonus, commisiion or remun on topatner.

ii' All party has ageed to keep themselves activery engaged in cfnducfins rhe sfFairo ^r

consideraton, working partners in the parfnership shall be enfirte.f foI

f:X*::1"* ir is hereby agreed that worfins partne$ I be

re IiFm Oy "l purty dwingrn nfization of eccount and said working partners +", "

U" *aiO"A tosaiaryiremuneration for that particular year.

q f,rfi rnafl0

Mernet luy do*o *de. section 40(b) of the Income-tax Ac$ 196r. However, thepanners can decide amount of remuneration with mutual "oo$ot

during finarizationcf acccunts c'v"ery ye;ai..

iv' The book profit refeued above will be detemined as per exioranation 3 tu section40(b) of krcome Ta:r Act 1961 or any other applicabre provisiJ,ns as may be in force

v' The total remuneration so determined in ciause 7 (iii) wrll be distributed between theworking partners as per mutuar understanding between them onlyear to year basis.vi. That where the book profit as determined as per explanororrj, to section 40(b) ofIncome Tax Act 196r or any o'rher applicabre provrsions as nray be in force in theIncome Tax assessment of the partrership tirm fqr the ."r"u+'t accounting year islower or nil or minus, the remuneration shall be proporfionatelj, lower or NIL as thecase may be.

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vii'The remunention payable as above shall be credited to the rgspective accounts of

ff ^,^ -^-r-

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The partners shafl be entitred to with&aw axy amoult d tfte yea: frcm r.hepartnenhip tornards their Interest, salary/remuneratioru and of profit from time totime as mutual undorstandings of partnen. j

&

That the accounts of parhership shail be crosed on 3 1 st day of March each year or at anyodrer date as the parhers may decide munrallv. j

Bank account or aceounts shall be opened in the name of the fi sball bo opntedby *.he paities Fereto any pailner or byparties hereto. Ttre firm shall accept/take/d

from Govemment Banlg Semi Government

oranypenonorbody.. i

rT. TRANSFER OF SEARE

None of the partners hereto shall, without ttre consent or othi, paxtn% seil, assign,charge, pledge or otherwise transfer his share or intercst in ru futersrrip business toaiiy outsider. i

l:2.

Each parhrer shall indemnifi the firrr for auy loss causedof business of tfie . The partnership business shall

416 lP ",r-_'-t'-b' \tr /- a/,r cl1Yl ,' 5 ivl n i\

for meeting

shall,4qjt6 disrolvddeci&Fg&ryonthe

at atry imq, gidtgg

shall be refened to

for of

qpegtiw bme

t4,

nrorhaftihnfion

mentioredabove.

2.

Placc ; IlajkoiDate :30/09/2077

M i s [d et ri*irdi-C616lP a gc:

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LEASE DEEP

TH|S TNDENTUF.E made at Rajkot thisBETWEEN Chunlbhat Manjlbhat SErdltara of Indianhereinafter called *The Lessor' (which expression shall it be

heirs,the context or meanlng thereof be deemed to includeadministrators and asslgns)of the One paft;

7t,J+L

AND

"MARUT|-l[tCA". a paftneship firm, also of Rajkot, through it'sReleshbhal Vlthrlbhal Sardhara, Hereinafter calted (which unbe repugnant to the context or meaning theeof behelrs, executors, adminlstrators anC asslgns) cf the

{ale"e"

nrri.to include

N- ,29 '',

WHFREAS:-

(A) The Lessor is seized

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and possessed of all that \pi..., and parcelsi''immovable prope ofINDUSTRIAI PURFOSE of

and having

mOfe pgftieLlarly describe in the schedute hereunder

(B) The Lessor has agreed to demise to the Lesseebuilding together with the right to construct further buat the rent and upon the terms and conditions recorded

At th! tilllt]t ol lllu L[ilti il," 1.,.o, n..

in tavour of the Lessee.

consideration of the rent and Lessee's covenantscontained the Lessor both hereby demise unto theparcels of immovable property ofINDUSTRIAT PURPOSE of

and havlng bound as per layplan, more particularly described in the schedule hereu written Twith the right to construct structures and building thereon. the Ots dayOct 2017 for the term of S (Eight) years yietding and paying

and rent shallpayable by the Lessee to the Lessor on or before 20th dayadvance,

of every month

2. The Lessee both hereby expressly covenants with the as under:-

(a) That he wilt during the saici term regularly pay to the the aforesayearly/monthly rent without deductlon and in all the nces inmanner aforesaid. In the same formed part of the rent andof interest shall be without prejudice to the other rightsLessor.

carry compou

remedies of

as per lay out

said plot of tand

for the period

to execute

Ail ftat pieces

U1-lFaee

{b) That he the Lessee will all his own efforts, and cost be entitledconstruct and demised land a new building with all and properdrains and other conveniences thereto in accordance

(cl That he will In executing the works aforesaid a at all such durlng

may be in force without requiring any notice in that from the Lessor.

(d) That he wiil at his own expense maintain and

sewers and gullies leading from the said premises in

in repair the dra

continuance of this demise observe and conform to allof the municipal corporation/Municipality/panchayat

and the bye-Laws thereunder for the time being in force

due performance of the several covenants herein

(f) Both the parties can cancel this lease agreementunderstanding of both parties.

rules and

other authorities

with the

requiring

consistent with tcontained.

any time by mu

in that behalf from the Lessor.

) rhat he will at thg enpifAtign Or s00n0r dgtamri of the saiduietly suriender and deliver up to the Lessor the demised

been builttogether with all buildings and ereetions which shallduring the said term and all drains and appurtenances in suchand substantial repair and condition and so maintai saved and cleaand in all respects in such state and conditio4 e: $hAll

3. The lessor doth hereby covena

(a) That the lessee paying the rentobserving all the covenanB, conditionherein before eontained shall peacea

during the said term without any i

claiming under him.

(b) The Lessor is not entitted to get any deposlt from Thethis lease deed.

(C) The Lessor wtll pay all the hxes due to the CentralGovernment, Mmicipal Corporation, Municipality,local bodies includlng service tares if any.

regarding

and any

r/alpis"

All that pieces and parcels of immovable

of

as per lay out plan.having

lN WITNESS WHEREOF the parties have hereunto sdt and subscribed

CHUNIBHAI MANJIBHAI SARDHARA

{TheLessor}

On behalf of MARUTT M|CA'(partnership ftrm)

fihe lessee)

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ENTRY EXIT

6.0

9.14 M WIDE ROAD

SHED

OFFICE ELECTRIC

ROOM

W.C.

RAW MATERIAL

STORAGE

ROOM