This Leave and Licence Agreement is made at Pune on 1 April 2026.
BETWEEN
Mrs. Anjali Ramesh Kulkarni, of B-1204, Sunview Towers, Baner Road, Pune 411045, PAN AABPK1234C — called the "Licensor", which includes the Licensor's heirs, executors, administrators and permitted assigns;
AND
Mr. Faizan Iqbal Shaikh, of House No. 42, Gandhi Nagar, Nanded 431601, PAN BXYPS5678K — called the "Licensee", which includes the Licensee's heirs and legal representatives, but does not include any assignee, sub-licensee or transferee.
The Licensor and the Licensee are together called the "Parties".
A. The Licensor is the owner of, and is in lawful possession and control of, the premises described in Clause 1 (the "Licensed Premises").
B. The Licensee has asked the Licensor for permission to use and occupy the Licensed Premises for a fixed period. The Licensee has inspected the Licensed Premises and is satisfied with their condition, area, title and suitability.
C. The Licensor is willing to give that permission on the terms below. The Parties intend to create only a licence within the meaning of section 52 of the Indian Easements Act, 1882 — and not a lease, tenancy, sub-tenancy or any other interest in the Licensed Premises.
1.1 The Licensed Premises are: Flat No. 703, 7th Floor, C Wing, Shreeji Residency CHS Ltd., Survey No. 22/3, Aundh, Pune 411007.
1.2 Approximate carpet area: 685 sq ft carpet.
1.3 Parking: One covered car parking slot, No. C-14, in the stilt.
1.4 The Licensed Premises are given along with the fixtures, fittings and articles listed in Annexure A. The Licensee has checked that list and accepts those articles in their present working condition.
2.1 The Licensor grants the Licensee a bare, personal and revocable licence to enter upon, use and occupy the Licensed Premises during the Licence Period, on the terms of this Agreement.
2.2 This Agreement creates only a licence. It does not create, and is not intended to create, any lease, tenancy, sub-tenancy, right of tenancy, or any estate, interest, easement or right of any kind in or over the Licensed Premises in favour of the Licensee.
2.3 Legal possession of the Licensed Premises stays with the Licensor throughout. The Licensee has permission to use and occupy; the Licensee does not have, and shall not claim, exclusive possession as against the Licensor.
2.4 The licence is personal to the Licensee. It is not transferable, assignable or heritable, and it does not pass on the death or dissolution of the Licensee — in which case it ends and Clause 14 (handover) applies.
2.5 The Licensee shall not at any time claim to be a tenant, sub-tenant, deemed tenant or protected occupant, and shall not claim any protection under the Maharashtra Rent Control Act, 1999 or under any other rent control or tenancy law.
2.6 If any part of this Agreement can be read in two ways, the reading consistent with a licence — and not with a lease — shall prevail.
3.1 The Licensor, or anyone the Licensor authorises, may enter the Licensed Premises at reasonable hours after giving the Licensee at least 24 hours' notice, to inspect their condition, carry out repairs, read meters, or show them to a prospective licensee or purchaser during the last two months of the Licence Period.
3.2 In an emergency — fire, flood, gas or water leakage, structural danger, or a direction from a public authority — the Licensor may enter without notice.
3.3 The Licensor is entitled to keep a set of keys to the Licensed Premises. The Licensor shall not use those keys to enter except as Clauses 3.1 and 3.2 allow.
3.4 The Licensee shall not change any lock, or fit any additional lock, without the Licensor's written consent. If consent is given, the Licensee shall hand a duplicate key to the Licensor at once.
3.5 The Licensee shall not obstruct the Licensor's rights under this Clause. These rights are an essential part of the arrangement and reflect that possession and control of the Licensed Premises remain with the Licensor.
4.1 The Licensee shall use the Licensed Premises solely for residence of the Licensee and his immediate family and for no other purpose.
4.2 The following persons may occupy the Licensed Premises: The Licensee, his wife Mrs. Sana Shaikh, and their two minor children. No one else may reside in or occupy them without the Licensor's written consent.
4.3 The Licensee shall not use the Licensed Premises for anything unlawful, immoral or dangerous, shall not cause nuisance or annoyance to neighbours, and shall not store any hazardous, inflammable or explosive goods or anything that would make the building's insurance void.
4.4 The Licensee shall not run a paying-guest, hostel, guest-house, dormitory, home-stay or short-stay operation from the Licensed Premises, and shall not list them on any short-stay or holiday-rental platform.
4.5 The Licensee shall not use the address of the Licensed Premises as the registered office of a company or LLP, or for any GST, shop-and-establishment, trade licence or other statutory registration, without the Licensor's prior written consent. Where the permitted use in Clause 4.1 genuinely needs such a registration, consent shall not be unreasonably withheld — and the Licensee shall get the address changed or the registration surrendered on or before the end of the Licence Period.
5.1 The Licence Period runs from 2 April 2026 to 3 April 2026, both days included.
5.2 The Licence Period ends automatically on 3 April 2026. No notice is needed to bring it to an end. Staying on after that date does not extend the licence and does not create a tenancy.
5.3 There is no automatic renewal. The Parties may renew only by a fresh written agreement, properly stamped and registered. Either Party may propose renewal by writing to the other at least 2 months before the Licence Period ends.
5.4 If the Parties do renew, the licence fee for the renewed term shall be 5% higher than the fee last payable, unless they agree otherwise in writing.
6.1 The Licensee shall pay the Licensor a licence fee of ₹30,000 (Rupees Thirty Thousand only) per month (the "Licence Fee"), in advance, on or before the 5th of each calendar month.
6.2 The first month's Licence Fee is payable on or before 2 April 2026. Where the licence starts or ends part-way through a month, the Licence Fee for that month is payable on a pro-rata daily basis.
6.3 The Licence Fee shall be paid through banking channels only — NEFT, RTGS, IMPS, UPI or cheque — to:
Anjali R. Kulkarni, A/c 001234567890, HDFC Bank, Baner Branch, IFSC HDFC0000123
Payment counts as made only when the money is credited to that account, or when a cheque is cleared.
6.4 If the Licence Fee, or any other amount due under this Agreement, is not paid on time, the Licensee shall pay simple interest on it at 12% per annum from the due date until payment. This is in addition to the Licensor's right to terminate under Clause 13.
6.5 TDS. If the Licensee is required by law to deduct tax at source on the Licence Fee, the Licensee may deduct it, shall deposit it with the Government within the time allowed, and shall give the Licensor the TDS certificate within the prescribed time. Tax so deducted and deposited counts as payment of that part of the Licence Fee. If the Licensee deducts but does not deposit, the Licensee shall make good the Licensor's loss.