LEASE AGREEMENT This Agreement of Lease made on this 1st day of April, 2013 at Vishakapatnam, A.P., BETWEEN Smt.

Sarojini Gopinath , W/o. Sri.K.K.Gopinath, Aged about 58 years, residing at # 5 (191/5), Opp.Prime leela Apats., P & T layout, 1st Cross, Kurubarahalli, Bangalore 560 086; (Hereinafter called the Lessor which expression shall unless opposed or repugnant to the context hereof includes her heirs, executors, administrators, legal representatives and assignees) of the one part; AND M/s.Cherukuri Finance, a proprietary concern represented by its Proprietor Sri.Cherukuri Sandeep, Son of Ch.Appa Rao, Aged about 28 years, residing at Door No.43-17-5, Flat No.503, Sivagiri Apartments, Dondaparthi, Visakhapatnam, Pin-530016; (hereinafter called the Lessee which expression shall unless opposed or repugnant to the context hereof includes his heirs, executors, administrators, legal representatives and assignees) of the other part. WHEREAS the Lessor represent that she is the absolute owner of the immovable property being Western Portion of Property bearing Door No.43-9-165, situated at Allipuram Ward, Venkataraju nagaram, Division No.31, TSN colony comprised in part of Sy.No.326, Vishakapatnam, Andrapradesh, measuring about 240 Sq.Yards or 200.66 Sq.Mtrs., together with structures thereon measuring about 1682 Sq.Ft., (29 x 58) (morefully described in the Schedule hereunder & which for the sake of brevity shall hereinafter be referred to as the Schedule Property.) And Whereas the lessor acquired the title under Deed of Gift dated 08-02-2001 registered as Document No.191/2001, stored in CD No.314-1-191 in the Office of the Sub-Registrar, Dwarakanagar, Vishakapatnam; AND WHEREAS the Lessee is engaged in the business of buying and selling used two wheelers & finance and with a view to set up office / establishment at the Schedule Property, had entered into a Lease Agreement with the lessor on 12-7-2010, which was duly registered as Document No.2070/2010 in the Office of the Sub-Registrar, Dwarakanagar, Vishakapatnam. AND WHEREAS by efflux of time the aforesaid lease has been terminated and the Lessee is desirous of renewing the same and the Lessor has agreed to permit the use of the said property on and subject to the terms and conditions hereinafter contained. NOW THEREFORE THIS LEASE DEED WITNESSES AS FOLLOWS: 1. That the Lessor has good and valid power / right / authority and no objection to grant the lease hereby in favour of the Lessee.

2. That the Lessor hereby grants lease to the Lessee premises being Western Portion of Property bearing Door No.43-9-165, situated at Allipuram Ward, Venkatarajunagaram, Division No.31, TSN colony comprised in part of Sy.No.326, Vishakapatnam, Andrapradesh, measuring about 240 Sq.Yards or 2160 Sq.Ft.,No.27, together with structures thereon measuring about 1682 Sq.Ft., (29 x 58) Sq.Ft., 3. That this lease shall be in force for a period of 11 months commencing from 1st day of April,2013. This lease shall be irrevocable for the said term from the date of commencement. 4. That the Lessee shall in consideration of the lease hereby granted by the Lessors shall pay a total sum of Rs.25,000/- [Rupees Twenty Five Thousand Only] The said lease rental shall be payable before the 10th day of each calendar month. 5. That all payments pertaining to this lease Agreement shall be made by the Lessee either in Cash or by issuing account payee cheques / bank transfer in favour of the Lessor. 6. That the Lessee is already in physical possession of the Leased Premises together with all civic amenities & the Lessee during the term of lease shall take reasonable care of the Leased Premises and the fittings & Fixtures therein. The Lessee on termination or earlier determination of this Agreement will restore the leased premises along with fittings and fixtures as at the commencement of this Agreement subject to normal wear & tear due to usage. 7. That the Lessee shall not sublet or part with the possession of the leased Premises or any part thereof to any one under any arrangement whatsoever without the previous written approval and consent of the Lessor. 8. During the operation of this Agreement, the Lessor will have the right and privileged to enter the Leased Premises for inspection, and to attend to repairs of any nature such as laying or relaying of any electric cables, water lines etc, which may be passing or are to pass through the leased premises and which in the opinion of the Lessor are required to be repaired or redone in the general interest and for proper use and enjoyment of the building or for the structural stability of the building. Notwithstanding anything contained in this clause or any other term of this lease, the Lessor will only exercise the right to enter the leased premises by giving the Lessee reasonable notice thereof and the lessers shall exercise such right only during normal business hours and only in the presence of the employee of the Lessee and in such manner as causes minimum inconvenience to the Lessee. 9. That the Lessor has provided an electric connection with sub-meters in the leased premises. The Lessee shall remain responsible and liable to pay the electricity charges as per reading of the aforesaid sub-meter for the currency of this Agreement. Any dues in relation to the aforesaid sub-meter, for the period prior to the commencement of this Agreement, shall be borne by the Lessor. 10. That the Lessee shall for its requirement entitled to carry such interior decorations as it may deem necessary for carrying its business. The Lessee shall have the right to install such fittings, fixtures, equipment as it may deem necessary. The Lessee is also entitled to fix its signboard in the building premises or in any part thereof including its outside wall subject to compliance of Municipal, local, laws/rule and regulation, if any in relation thereto. On the expiry of this Agreement or its termination, the Lessee shall remove and take away from the said premises all such equipments and things belonging to the Lessee, kept or installed by the Lessee in the said premises but the Lessee shall in no way damage

the said premises or any part thereof. On the termination of the Agreement or on its earlier determination, if the Lessee fails to remove such fittings and fixtures the same shall be deemed to be the property of the Lessor. 11. That the Lessee shall keep the leased premises and its floors, walls, ceiling, doors, windows, water taps electrical fittings and fixtures etc. in good condition, subject to reasonable wear and tear. The Lessee undertakes to maintain the leased premises in good condition and to carry out minor repair works at its own costs. The Lessee shall under no circumstance be held liable and accountable for any damage caused to the leased premises due to force ma-jure or acts of nature and the Lessor would be solely responsible to repair and make good any damage or breakage caused for reasons thereof during the tenancy of this Agreement. 12. The Lessee shall attend to all minor repairs including fuses, leakages of water taps etc. and also shall be responsible for the maintenance of the leased premises along with fixtures and fittings therein at its own cost. If any of the fittings and fixtures and/or equipment requires replacement the same shall also be affected by the Lessee. Major structural repairs such as leakages of roofs, any cracks in the walls or plastering or bursting or corroding of water pipes or sewer systems or the main electric cables etc. shall be attended to by the Lessor at her own cost. 13. In the event of default or breach of the terms and conditions of this Lease Deed by the Lessee, the Lessor shall give thirty days notice in writing to the Lessee to rectify the default failing which the Lessor shall have the option to terminate the lease forthwith. 14. It is agreed by and between the parties hereto that, if the monthly rent shall be in arrears for the space of 2 (two) months or if any of the covenants, conditions or stipulations herein contained and on the part of the lessee to be observed and performed shall not be so performed or observed by the lessee, then and in that event, it shall be lawful for the lessor to terminate this Agreement enter upon the Schedule Property & take possession thereof. Provided that no entry shall be made under the foregoing power unless & until the lessor shall have given to the Lessee a notice in writing specifying the breach of any covenant, condition or stipulation to be complied with and the Lessee has failed to comply with and carry out the same within a period of one month from the date of such notice by the lessor. 15. The Lessee shall not make any structural addition, alteration or variation in the leased premises or in any part thereof. 16. That the Lessor shall pay and continue to pay all property taxes, municipal taxes and other taxes, levies, duties etc. with respect to the said property during the currency of this agreement including any increase thereon and that the Lessee shall not be responsible for the same. 17. That the Lessor has and shall continue to comply with all laws, bye-laws, rules, regulations, orders, notifications, directions, conditions of the government, whether Central, State, Local or Municipal with respect to the said property.

18. The Lessee shall conduct the business from the said premises in accordance with the Central and State Statutes/Laws or Rules and Regulations made there-under. The Lessee shall be liable to pay all the taxes, charges, levis etc, payable in respect of its business and Lessor shall not be responsible for the same under any circumstances.

19. The Parties shall not create any third party interest in respect of the leased premises. 20. That in the event of the Lessor transfers and conveys the property to a third party, such transfer / conveyance shall be subject to this Agreement and shall recognize and accept the rights of the Lessee herein and upon the transfer / conveyance having been completed, the transferee shall step into the shoes of the Lessor herein and all the rights and liabilities of the Lessor shall automatically devolve on the transferee. 21. That on the expiry of the term of this Agreement or its earlier determination in accordance with the terms and condition of this Agreement, the Lessee shall remove and / or caused to be removed all its belongings from the Leased Premises and shall vacate the Leased Premises. The occupation of the said premises by the Lessee after the termination of this Agreement would be deemed to be an act of trespass. 22. That on the expiry of the term hereof, the parties hereto may extend the duration of this Lease Agreement on mutually agreed terms and conditions. 23. That except as otherwise provided in this Agreement, the provision of this Agreement may be amended at any time by mutual written consent of the parties hereto. 24. This Agreement and contents hereof supersede each and all agreements, arrangements, understandings, letters, correspondence, representations etc. between the parties hereto with respect to the subject matter herein. 25. If required, the parties hereto hereby agree to register this Agreement as per the law of land. All charges in relation to registration, stamp duty and connected legal expenses shall be borne by the Lessee in entirety. 26. Any notice or communication with reference to this Agreement, unless otherwise specified herein shall be deemed to be validly sent, if dispatched by registered post acknowledgment due to the other party at the address mentioned hereinabove. Either party may by a similar written notice notify to the other party in case of any change in his / her aforesaid address. 27. In this Lease Deed, unless the context otherwise requires any references to words importing the singular shall include the plural and vice-versa, words importing a gender include every gender and references to persons include bodies, corporate and unincorporated. 28. That any dispute between the parties in relation to this Agreement in respect of interpretation, operation or enforcement of any of the terms and condition or in respect of any matter connected thereto not provided therein shall be exclusively maintainable in the courts at Bangalore only.

SCHEDULE PROPERTY

All that immovable property being Western Portion of Property bearing Door No.43-9165, situated at Allipuram Ward, Venkataraju nagaram, Division No.31, TSN colony comprised in part of Sy.No.326, Vishakapatnam, Andrapradesh, measuring about 240 Sq.Yards or 200.66 Sq.Mtrs., together with structures thereon measuring about 1682
4

Sq.Ft., (29 x 58) Sq.Ft., having AC Sheet roofing, Tile Flooring (Rajasthan Black Stones) Brick Walls, with all civic amenities and bounded on the: East by Smt.Sarojini Gopinaths Property West by - Panduranga Rao & Mr.Gandhis Property North by - 75 Feet Road South by - Sri.Bobba Ranga Raos Property.
IN WITNESS WHEREOF THE PARTIES HERETO HAVE SET THEIR HANDS AND SUBSCRIBED THEIR SIGNATURES TO THIS AGREEMENT, ON THE DAY, MONTH AND THE YEAR FIRST ABOVE WRITTEN, BEFORE THE FOLLOWING WITNESSES.

Witnesses:1. LESSOR Sarojini Gopinath

LESSEE 2. Cherukuri Sandeep For M/s.Cherukuri Finance