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DEED OF PARTNERSHIP

This deed of partnership is executed on the 08


th
December, 2012 by
and between:
1. Mr. Y. PRASAD RAO, S/o Mr Y. Krupadas, aged about 41 years,
R/o Miyapur, Hyderabad-72(A.P.) (Hereinafter called the First Partner or
'Managing Partner') .
2. Ms. Y. VIJAYARANI, Y/o Y. Prasad, aged about 35 years, R/o
Miyapur, Hyderabad-62 (A. P.) (Hereinafter called the Second Partner)
WHEREAS all parties have joined together to form themselves into a
partnership frm to carry on the business hereinafter described with
efected from 8th of December, 2012 AND WHEREAS they are now
desirous of reducing the agreed terms and conditions into writing on a
proper stamp paper.
THIS DEED OF PARTNERSHIP IS EXECUTED TO WITTNESSETH THE
FOLLOWING:
1) NAME OF THE FIRM:
The name of the frm shall be M/s EPHRAIM Infrastructures.
2) DURATION OF THE FIRM:
That, the partnership shall commence from 08th of December,
2012 and shall be partnership 'AT WILL'.
3) BUSINESS OF THE FIRM:
To carry on business of Civil constructions, Land Development,
Execution of Infrastructure works and all allied services. Further
the business activities can be extended to any such works as think
ft by mutual consent of partners.
The business of the frm shall be as follows:
The frm may solicit its business and applying for the same either
in its own name or in the name of its partners, and execute the
works obtained in the name of any of its partners.
4) PLACE OF BUSINESS:
The administrative ofce of the business shall be situated at
Plot No. 1050, Flat No.401, K.L. Residency, Mathrusri Nagar,
Miyapur, Hyderabad -500049 (TS). The ofce of the frm may be
shifted to any other place with consent of the partners.
5) CAPITAL:
The capital of the frm shall be such amount or amounts as shall
be contributed by partners either in cash or in kind from time to
time depending upon the requirement of the frm.
6) MANAGEMENT OF THE FIRM:
The day to day afairs of the frm shall be conducted by all the
Partners.
7) SHARES IN PROFITS AND LOSSES:
The net profts of the partnership shall be divided between the
partners and net losses of the partnership shall be borne by them
respectively, as the case may be, in proportion as under:
First Partner - 70%
Second Partner - 30%
8) BORROWALS:
The frm is empowered to borrow any funds required for the
successful running of partnership business from Banks, Financial
Institutions and other outside bodies in India and/or outside India
on such terms and conditions as the partners think ft and
prudent.
9) BANK ACCOUNTS:
Bank account(s) shall be opened with any of the commercial bank
as and when it is required and shall be operated by First Partner
only.
10) ADDITIONAL FINANCE:
The additional Finance required for the smooth conduct of the
business shall be raised from banks, Financial Institutions,
Government/Private Bodies and/or from Private Parties, on such
terms and conditions as may be deemed prudent and partners
shall execute the necessary documents for obtaining the loans,
with mutual consent.
11) BOOKS OF ACCOUNTS:
Regular and proper books of accounts shall be maintained at the
place of the business of the frm and the same shall be closed on
31st March, every year and fnal accounts may be drawn to derive
profts/losses, which shall be divided between the partners.
Further the books of accounts shall be kept open for inspection of
partners during the business hours.


12) PARTNERS CONVENANTS:
Every partner shall conduct on such a way that the frms business
shall be carried on for their mutual and joint advantage of the
partners. The partners shall not either directly or indirectly carry
on or help, assist or guide others to set up a similar business.
13) CHANGE IN TERMS AND CONDITIONS:
The terms and conditions of the partnership may be amended and
new terms and conditions may be inserted with mutual consent of
both the partners in writing on a Rs.10/- (rupees Ten only) stamp
paper which shall become apart and parcel of the DEED.
14) ARBITRATION:
All disputes and diferences arising between the partners or
between any of them and third parties in connection with the
business or the partnership, or this deed may be settled by
arbitration under the provisions of Indian Arbitration Act there in
force.
15) APPLICATION OF PARTNERSHIP ACT, 1932:
The provisions of Indian Partnership Act, 1932, shall be applicable
for those clauses not covered by this DEED.
IN WITNESS WHERE OF THE PARTIES AFORESAID DO HEREBY
AFFIRM THEIR RESPECTIVE HANDS AND SEALS ON THE DAY
AND DATE FIRST MENTIONED ABOVE.
SIGNAGURE OF THE PARTNERS:
WITNESSES:
1.Mr. Y. PRASAD RAO
1.
2. Ms. Y. VIJAYARANI
2.
LEASE DEED
This Lease deed is made and executed on this the 8
th
day of December
2012 at Hyderabad, A.P., between:
Mr. CHVRAMANA KUMAR S/o Mr. Ch. Sambasiva Rao, aged about 44
years, Occ.: Service, R/o Chandanagar,Hyd. A.P..
(Hereinafter referred to as the "LESSOR" which in term shall mean and
include, her heirs, successors, executor, representatives, administrators,
power of attorney and assignees)
AND
Mr. Y. PRASAD RAO, S/o Mr. Y. Krupadas, Occ.: Business, R/o Miyapur,
Hyderabad 500049.
(Hereinafter referred to as the "LESSEE" which in term shall mean and
include her heirs, successors, executor, representatives, administrators,
power of attorney and assignees.)
Whereas the lessor is the sole, exclusive and absolute owner of the
property bearing Plot No. 1050, Flat No.401, K.L. Residency, Mathrusri
Nagar, Miyapur, Hyderabad -500049 (TS).
Whereas the lessee approached the lessor with a request to lease the
scheduled property for the purpose of set up an ofce to carry on ofcial
business as he desires.

Whereas the lessor has agreed to give the scheduled property to the
lessee on the terms and conditions contained herein.
NOW THEREFORE THIS AGREEMENT OF LEASE WITNESSES THAT:
In consideration of the monthly rent herein stipulated and the covenants
herein mentioned the lessor hereby agrees to give on lease to the lessee
the schedule property for a period of 11 months upon the terms and
conditions contained herein.
1) The month commencing from 1st December 2012 for which the
lessee shall pay the monthly rent agreed up on or before 10th of
every month in advance. The monthly rent agreed between Lessee
and Lessor is Rs.4,000/- (Rupees Four thousand only) and also for
fxtures, fttings and amenities. The monthly rent shall increase @
5% after Eleven months.
2) The monthly rent shall be paid by cash or cheque to the lessor or
duly authorized representative and receipts shall be obtained by
the lessee.
3) The scheduled property has been handed over by the lessor to the
lessee in good condition and by taking over possession hereby
acknowledges the same. The lessee shall carry out all day to day
repairs and maintain the sanitary, electrical other fttings in a state
of working condition and contribute all costs for such repairs and
maintenance with co-tenants. The lessee shall keep the scheduled
property in a good state of repairs and maintenance and in the
event of damage of the same, the lessee shall be bound to make
good the loss caused to the scheduled property.
4) The lessee shall be liable contribute to pay the water and electricity
charges on the basis of the assessment from the concerned
department. The Lessor shall be liable to pay property tax.
5) The Lessee shall not make any structural changes to the scheduled
property without prior permission of the Lessor.
6) The lessee shall not sub-let assign or otherwise transfer or alienate
their interest in the scheduled property or any part thereof, in
favour of or to any other person what so ever any time in ordinary
circumstances. The lessee shall use the scheduled property only for
the lawful purposes stated herein and for no other purposes.
7) The Lessee shall be bound to permit the lessor or his authorized
agent to enter into inspect the scheduled property at all reasonable
time, with prior intimation to the lessee where the inspection is to
ascertain the condition of the property and without intimation
where the purpose is to ascertain the observance of the terms and
conditions mentioned herein.
8) The lessee on paying the rents and other charges agreed upon
herein in time and on strictly observing all other terms and
conditions herein the lessor covenants that the lessee shall be
entitled to peacefully occupy the scheduled property and every part
thereof till the expiry of the lease.
9) In the event of the lessee fails to pay the rent and other charges as
agreed upon herein regularly and in time and/or violates any other
term and/or condition herein, the lessor shall be entitled to
terminate and determine the lease by giving one month's notice to
the lessee at the address of the scheduled property by registered
post. Such notice period may be expressed to end on any day of the
month and need not coincide with the end of either the tenancy
month or the calendar month.
10) In the event the lessee desires to vacate the scheduled property at
any time before the end of lease period, he may do so, with three
month advance notice by registered post to the lessor. Due notice in
writing shall be given by either party in case of termination of this
agreement and the date of vacation will be agreed upon mutually.
In the event of the failure on the part of the lessee to give the said
notice the lessee shall be liable to pay to the lessor three months
rent in lieu of the notice period.
11) The lessee shall, on the expiry of the said period of lease or sooner
determination thereof, peacefully, surrender to the lessor the
scheduled property together with all its fxtures, fttings, deliver
vacate and physical possession of the schedule property to the
lessor in the same good condition as it was given to the lessee.
12) The Lessee has this day deposited a sum of Rs.3,000/- (Rupees
Five Three thousand only) towards interest free deposit, and the
said deposit shall be returned by the Lessor to the Lessee at the
time of physical vacant possession of the demised premises upon
expiry of the term of the lease or in the event of earlier
determination of lease as provided under lease period. However, the
Lessor shall be entitled to deduct arrears of rent, electricity bill if
any against the said deposit.
In witnesses whereof the lessor and the lessee have executed this deed of
lease on the date herein above mentioned in the presence of the following
witnesses.

WITNESSES:
LESSOR
1.

2.
LESSEE

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