RENT WAIVER OR DEFERMENT LETTER
Date: 2 April 2026
Place: Chandigarh
From (the "Landlord"):
Chadha Commercial Complex Private Limited, an individual, of SCO 11, Sector 8-C, Chandigarh 160009, acting through Ravneet Chadha, Director
To (the "Tenant"):
Chopra Footwear Private Limited, an individual, of SCO 11, Sector 8-C, Chandigarh 160009, acting through Ravneet Chadha, Director
Subject: Relief from rent for the premises at Shop No. 3, Ground Floor, SCO 11, Sector 8-C, Chandigarh, Chandigarh
- 1. The Tenant occupies the premises known as Shop No. 3, Ground Floor, SCO 11, Sector 8-C, Chandigarh, situated at Chandigarh, in the State of Punjab (the "Premises"), under a Lease Deed dated 2 January 2026 between the Landlord and the Tenant for a term of 9 years commencing 1 February 2026 (the "Lease").
- 2. Reason for the relief: The Tenant's shop was closed for sewer works on the road outside.
- 3. At the Tenant's request, and without admitting any obligation to do so, the Landlord waives the whole of the rent for the period from 1 April 2026 to 2 April 2026, both days included (the "Relief Period"), on the terms of this letter.
- 4. The part of the rent that is waived is 50 per cent of the monthly rent. The rest of the rent for the Relief Period remains payable on its due dates under the Lease.
- 5. The rent that is deferred shall be paid in six equal monthly instalments, the first with the rent for July 2026. Deferred rent is not waived, and no interest is charged on it unless the Lease already provides for interest on late payment.
- 6. The CAM or maintenance charge, electricity, water and every other charge under the Lease remain payable in full.
- 7. The relief is a one-time accommodation for the period stated and does not entitle the Tenant to any further relief.
- 8. The relief is limited to the Relief Period and to what is written in this letter. It does not change the rent, the security deposit, the term of the Lease, the lock-in, the dates of any increase in rent, or any other term of the Lease, all of which continue as before. After the Relief Period, rent is payable in full as the Lease provides.
- 9. NO WAIVER OF OTHER RIGHTS. Nothing in this letter waives, or is to be read as waiving, any other right of the Landlord or of the Tenant under the Lease or in law, including the right to rent for any period outside the Relief Period and the right to act on any other breach of the Lease. The relief does not set a practice or a precedent, and a later delay or concession by either side is not a waiver.
- 10. TAX. Any tax on the rent or on the relief is dealt with as the law requires. This letter does not change who bears it.
- 11. The Tenant accepts the relief on these terms by countersigning this letter.
FOR THE LANDLORD
Chadha Commercial Complex Private Limited
Through: Ravneet Chadha, Director
Signature: ______________________________
Date: ______________________________