RENT-SPLIT INSTRUCTION LETTER
Date: 1 April 2026
Place: Chandigarh
To,
Northline Retail Private Limited
SCO 42, Sector 34-A, Chandigarh 160022
Subject: Payment of rent for Ground-floor showroom, SCO 42, Sector 34-A, Chandigarh 160022, in separate shares to each co-owner
Dear Sir or Madam,
- 1. We are the co-owners of the premises described above (the "Premises"), which you occupy under Lease Deed dated 4 April 2022 (the "Lease"). Our shares in the Premises, and therefore in the rent under the Lease, are set out in paragraph 3.
- 2. Until now you have paid the rent as follows: the whole rent to Harpreet Singh Gill. With effect from 2 April 2026, please pay the monthly rent of ₹1,85,000 (Rupees One Lakh Eighty Five Thousand only) under the Lease, and any increase in it that takes effect under the Lease, not as one payment to one person but as separate payments to each of us in the shares given below.
- 3. The shares, and the account to which each share is to be paid, are:
(a) Harpreet Singh Gill: 50% of each month's rent, to be paid to Harpreet Singh Gill, State Bank of India, Sector 17 Chandigarh, A/c 30112233445, IFSC SBIN0000631.
(b) Manpreet Kaur Gill: 30% of each month's rent, to be paid to Manpreet Kaur Gill, HDFC Bank, Sector 35 Chandigarh, A/c 50100987654321, IFSC HDFC0000123.
(c) Gurdeep Singh Sandhu: 20% of each month's rent, to be paid to Gurdeep Singh Sandhu, ICICI Bank, Mohali, A/c 123456789012, IFSC ICIC0000456.
- 4. The shares together make up the whole rent. Each payment falls due on the same date as the rent under the Lease, that is the 7th of every month. Please pay by bank transfer and quote the Premises in the payment reference.
- 5. If tax has to be deducted at source from the rent under the income-tax law in force, please deduct it separately from each co-owner's share, deposit it against that co-owner's own PAN, and give each of us a separate certificate for the tax deducted from our share.
- 6. This letter changes only the way the rent is paid. It does not change the rent, the security deposit, the term or any other term of the Lease, which continue as they are. A payment made in line with this letter discharges you for the amount so paid. A payment of one co-owner's share to another co-owner does not, unless all of us agree to it in writing.
- 7. This instruction can be changed or withdrawn only by a later letter signed by all of us. Until you receive such a letter, please do not act on any instruction about the rent that comes from fewer than all of us.
- 8. Please sign the acknowledgement at the foot of this letter and return a copy to each of us.
Yours faithfully,
Harpreet Singh Gill
Signature: ______________________________
Date: ______________________________
Manpreet Kaur Gill
Signature: ______________________________
Date: ______________________________