Signed at the joint inspection of: SCO 14, Sector 8-C, Chandigarh 160009
Executed at S.A.S. Nagar (Mohali) on 1 April 2026.
1. The Landlord — Sethi Estates Private Limited, of House No. 1204, Sector 33-C, Chandigarh 160020, mobile +91 XXXXX XXXXX, email sethi.estates@example.com, represented at the handover by Harpreet Kaur Sethi, Director, authorised by board resolution dated 4 March 2026 ("the Landlord").
2. The Tenant — Northline Analytics Private Limited, of Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055, mobile +91 XXXXX XXXXX, email ops@northlineanalytics.in, represented at the handover by Rohit Nair, Director, authorised by board resolution dated 6 March 2026 ("the Tenant").
A. The Landlord and the Tenant are parties to Commercial Lease Deed dated 4 March 2026, registered as document no. 1123 of 2026 at the office of the Sub-Registrar, S.A.S. Nagar (Mohali) ("the Lease"), under which the Landlord has agreed to give, and the Tenant has agreed to take, possession of the Premises described below.
B. The Parties have jointly inspected the Premises on the date of handover and record in this Memo the fact of handover, the condition of the Premises, the meters, keys and access devices handed over, and the snag list agreed between them.
1.1 SCO 14, Sector 8-C, Chandigarh 160009. Unit 305, Third Floor, Tower B, Bestech Business Tower, Sector 66, S.A.S. Nagar (Mohali), approximately 2,400 sq ft carpet area
2.1 Possession of the Premises was handed over by the Landlord to the Tenant on 2 April 2026.
2.2 the Commencement Date under the Lease, with vacant physical possession of the entire Premises delivered on this date, and Rent — or any rent-free fit-out period the Lease states — running from this date as the Lease provides
2.3 This clause and clause 3 below are a contemporaneous record of what both Parties saw and agreed at the joint inspection referred to in Background B, signed on the day of handover.
3.1 Condition of the Premises at handover: bare shell — delivered without flooring, false ceiling, internal partitions, electrical wiring beyond the main distribution board and meter, plumbing fixtures or air-conditioning, in the base-building condition received from the developer or a previous occupant
3.2 Sanctioned electrical load 15 kW with a separate PSPCL meter (Account No. 3001234522) and distribution board. Vitrified tile flooring; no false ceiling. One toilet with sanitary fittings, no geyser. Two rolling shutters to the frontage, both in working order. One fire extinguisher, serviced 2 August 2026. No furniture or partitions.