Registration and Stamp Department

Madhya Pradesh

Certificate of Stamp Duty

E-Stamp Details
E-Stamp Code 0101051301201700701 I
l'otal E-Stamp Amount 5000
Govt. Stamp Duty (Rs.) 5000 Municipality Dury (Rs.) 0
Janpad Duty (Rr.) 0 Upkar Amount (Rs.) 0
Exempted Amount(Rs.) 0
E-Stamp Type NON-ruDICIAL
Issue Date & Time 13 /01/2017 05:01:03 PM
Service Provider or Issuer Details SANJAY KUMAR DINANI/SP01054t705201500350
SP/SRO/DRO/HO Details 39, PEERGATE, BHOPAL HUZUR BHOPAL
Dced Details
Dccd -l-ypc partnership
Deed Instrument where such share of contribution is in excess of Rs. 50,000.- Two percent of the shares

i contributed, subject to a minimum of rupees two thousand and a maximum of rupees ten
thousand- Explanation - where such share of contribution is brought by way of immovable
property and cash, clauses (b) ana (") Uott shall apply.
Purpose PARTNERSHIP

Organization Name SWAPNIL REALESTATE

Address 6l B, KASTURBANAGAR, BHOPAL M.p. BHOPAL Madhya pradesh INDIA
Number of Persons I

Name GAURAV MAKHIJA S/O D SHOK MAKHIJA

Address 3, PARAS CITY, E-3, BHOPAL M.P. BHOPAL Madhya Pradesh
'\.1

!{umber of Persons

ARTNERSHIP

C9
gitally signed by Sanjay
nant
tte: 20'l 7.01.13 17:49:1 6
T
 PARTNBRSHIP DEED

THIS DEED OF PARTNERSHIP is made & executed at Bhopal on this day

I4l0ll20l7,by and among the following: -

1. Mr. Gaurav Makhija s/o Shree Ashck Makhija; aged about 32 yearc; vo D-
31203, Paras city, E-3, Arera colony, Bhopal M.p. 4620G (hereinafter
refered to as party No. l).

Ab.hishek Hariramani S/o Shree Prakash Hariramani; aged about 27

"tfiifrir:,,
y;u._15:a[S;r-,Vo E-Ur93, E_1, Arera Colony, Bhopal M.P. 462016
.{l' ' ,,' ,',,"; (T,:I..'iirrftt}r referred to as party No.2).
._t I
1, 1i. ,'.^,.i.,r,_!.-""-- i iI
r, rl',r?.oil
[''. Ramani D/o Shree vrjay Ramani; aged abount 25 years; R/o E-
}.1r>,\*[ colony, Bhopal M.P. 462016 (hereinafter referred to as party

WHBREAS Party No.1 to Party No. 3 the partners hereto have mutually decided
and agreed upon to commence and carying on the business of Real Estate
Development, Construction of Residential Complexes and Property Dealing and
other Business incidental thereto at 6r-8, Kasturba Nagar, Bhopal-M.p.-46ron,
under the partnership firm name & style of M/s swApNIL RE'ALESTATE.

AND WHEREAS the partners have now with this deed, decided to reduce to
writing the terms and conditions of their partnership which are as follows:-

T{OW TI{ERBFORE THIS DEBD OF PARTNERSHIP WITI{ESSES AS

UNDER:-
0
1. That the business of partnership shall be that of Real Estate Development,
Construction of Residential Complexes and Property Dealing and other
Business incidental there to which will be carried on at 61-B, Kasturba Nagar,
Bhopal M.P.-462023 in the firm name &. style of M/S SWAPNIL
IIEALES'IATE. But it shall be open to the partners to undertake other kind
of business or to expand I or carry the firm's business at other places as they
may decide mutually from tirne to time.

2. That the duration of this parlnership rvhich has commenced from l4tl' day
of January 2017 and shall be *AT WILL,,.

)% ,AM}
 3. That the shares of paftners in the profits and losses of this
partnership firm shall be as under: -

Name of the partners Share in Profits & Losses

a) Mr. Gaurav Makhija 50.00 %

b) Mr. Abhishek Hariramani 2s.00 %
Ms. Diksha Ramani 25.00 %

ffi t00%

ital of the partnership firm shall be contributed by the partners

the form kind in the business according to their convenience
of the shares held by them. Initial Capital of the partnership firm
Rs.2,50,000.00.

S.That the firm shall pay interest at the rate of l2Yo (Twelve percent) per
annum on the amount standing as credit in the capital accounts or in any other
accounts of the partners as appearing in the account books of the firm. Such
interest shall be calculated and credited to the account of that partner at the
close of the account year. However, in the case of Loss or insufficiency of
profits in any account year, the partners by mutual consent, will have aright
to scale down to any extent the said rate of interest for that account year. It is
also specifically agreed that no interest shall paid to or charged by the firm on
the debit balance of the partners.

6. That all the above partners shall keep themselves actively engaged in
O conducting the affairs of the business of the partnership as its working partner
and shall be entitled to such remuneration as provided in this Deed hereafter.

7. That the remuneration payable to the aforesaid working partners shall be

computed and calculated in the following manner:-

(u) In the case book profit up to Rs1500001- or 90Yo of the

Rs.300000/- for the year profits whichever is higher.

(b) On the book profit exceeding 60% of the book profit

Rs.3000004 whichever is higher.

lwJ'L
 And the term 'BooK PROFIT' SIIALL have the same as defined in
explanation 3 of Sec 40(b) of the Income fax Act, 1961. Provided always that
if in any account year, there is Loss or insufficiency of profits of the
circumstances of the business, require otherwise then the partners by mutual
consent, will be entitled to reduce the aforesaid amount of remuneration for
that account year.

8. That the remuneration ascertained in accordance with the Clause No.7 of

this Deed shall be shared by the working paftner in the equal proportion
$Si""t to minimum of Rs.1,50,000/- per annum to each partneinow) and
credited to their respective capital accounts as the ends of that
year.

) proper and regular books of Accounts as statutorily required shall

ined during the course of business and each partner shall be at
e hours be entitled to have access thereto as also to take such
there from as he may deem fit.

10. That each account year shall close on very day of 3l't March. As
convenient thereafter the final accounts of the firm for the year ended shall be
made up, and the ascertained profits or losses of the firm shall be divided
between the partners in accordance with their respective shares mentioned
above.

1 l.The yearly remuneration payable to thepartners as above shall accrue

and be credited to their respective accounts at the close of the accounting
period when the accounts of the business are made up. The working
paftners shall be entitled to withdraw out of remuneration and or interest foi
o their personal needs from time to time.

12. That in case of retirement of any partner, goodwill would neither be

determined nor would be paid to such retiring partner.

13. That the firm shall maintain one or more than one Banking accounts with
one or more than one Bank as may be mutually agreed between the partners
and such account or accounts shall be operated jointly by any two of all the
partners, or as the instructions given by the firm to the Bank from time to time

14. That no partner shall contact or borrow any loan or any liability in the
name of the firm withcut the consent in r.vr"iting from all the partner. The

J\J,M
 paftnership firm shall not be responsible for any of the personal liabilities of the
partners.

15. If any partner infringes any one of the clauses hereunder or becomes insane,
or as acljudicated an insolvent, the other parlner may forthwith determine the
partnership by notice in writing, and may henceflorth continue the business
alone or may continue a{1er inducting new partner.
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ase of any dispute amongst the partners regarding working of the

i+)?#(*-,p, \abusines: :l il,.rpretation

:l lll : P::]|lli
11.- :T.^ :111' _::
to sole Arbitrator to be appointed by mutual consent of all the
d award of the Arbitrator shall be final and binding on all
Skie arbitration proceedings shall be govemed by the Indian
)rlfu R."onciliation Act, 1996 (as amended). If the notice of the
) given by the any partner but the arbitrator could not be appointed
0 days of the notice, then all the parties shall have right to adjudicate
the matter from civil court.

17. The firm may obtain immovable, stock in trade , investments and other
holdings in the name of any individual parlner on behalf of the firm and once
such acquired asset of the firm in the title narle of the partner , then such
:-
individual partner would not havc any right or claim in such assets .

i.'
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18. All the partners shall work intelligently and diligently in common interest
..'
ri.
of the paftners and they shall be just and faithful to each other in their
a'. dealings and:
,\-
'/1
a) A11 the partners shall keep each other informed about
,(,O working and conduct of the business of the firm.

b) No paftner shall do any transaction or work which is

detrimental to the interest of the firm or which is not
connected with the business of the firm.

c) No single partner is authorized to pledge the credit of the

firm or indebt any property or stand surety or take any
ir
tr guarantee or loan on behalf of the firm.
a

Cn"rya Jl/.,U
 / "i-

19. That in case of retirement of either pafty from the firm, the retiring partner
shall offer his/her capital and profit sharing rights to the continuing partner, in
other words in case of retirement of any partner the continuing partner shall
have I't right to acquire the share of retiring paftner.

20. In the event of the death or eviction of any partner will not dissolve the
r fi.rm but it shall be caried on by and between the remaining partners with
I
ied terms, having inducted the legal heir of the deceased.

{*
e
and without prejudice to the foregoing presents, the provision of
N PARTNERSHIP ACT, 1932 (as amended up to date) shall be
in matters not provided for herein.

ESS WHBREOF, the partners have signed hereup to on the day and
tioned above in the presence of following:-

WITNESSES SIGNATURES

aryyr.
1. filrll llrtfrr"J El-bl{tr1-' (Mr. Gailav Makhija)
&oxaAto'l
I
tq3l rYtt^ ' Party No. I
'!

\t
I t'lo o /a)-

o
Jd,u
2 /Yqd\ls h lodov (\4r. Abhishek Hariramani)
\hY Party No.2

3. KtavrSi\^ . Diksha Ramani)

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tdentifieci by lai,- F,:N -MAtfiVh
)rltr'*'F{igr, IVOTARY, EIH(-rPA.i