Date: 1 April 2026
TO:
Northline Analytics Private Limited, an individual
Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055
And also at: X
Email: X
FROM:
Sethi Estates Private Limited, an individual
House No. 1204, Sector 33-C, Chandigarh 160020
SUBJECT: Breach of the lock-in period under the Lease of the Premises described below, and demand for the compensation the Lease provides for it.
Dear Sir / Madam,
1.1 Sethi Estates Private Limited ("the Landlord") is the lessor, and Northline Analytics Private Limited ("the Tenant") is the lessee, under a registered Lease Deed dated 2 April 2026, registered with the Sub-Registrar, S.A.S. Nagar (Mohali), as Document No. 4521/2023 ("the Lease"), of the premises described as: Unit 305, Third Floor, Tower B, Bestech Business Tower, Plot No. C-2, Sector 66, S.A.S. Nagar (Mohali), situated in the State of Punjab ("the Premises").
1.2 In this notice, "the Lease" means that instrument together with every variation, renewal or supplement to it.
2.1 Clause Clause 14.2 of the Lease binds the Tenant to a lock-in period of 36 months, running from 3 April 2026 and expiring on 6 April 2026 ("the Lock-in Period"), during which the Tenant may not terminate the Lease or vacate the Premises for convenience.
2.2 The Landlord confirms that it has not defaulted under the Lease in any manner that would excuse the Tenant from the obligations of the Lock-in Period.
3.1 The Tenant has vacated the Premises and delivered possession to the Landlord on 4 April 2026. That date falls before 6 April 2026, the date on which the Lock-in Period expires.
3.2 The Tenant has accordingly breached Clause Clause 14.2 of the Lease by vacating, or by giving notice of intention to vacate, the Premises before the expiry of the Lock-in Period.