So 4\S3F sa Tea ANDHRA PRADESH BD 990607 1 No: LEDS, ora TADAKAMALLA SHAVAN' KUMAP L STAMP VENDOR, KANUKUNTA, ot told: x Parphanla, Rego SYolake + Wate ypares RAE SAME YER KANON or Whom, alse Rencbobae, — : Fochardanax . ‘cell No: 9701809606 a a ' 8 PARTNERSHIP DEED ‘This Deed of Partnership entered into this the 20th day of June, 2013 between: a. Sri MIRIYALA CHINA RAGHAVA RAO Sjo Sri M. Narayana Rao, aged about 59 years, resident of H.No.6-60, Beside Vidya Nursing Home, Chandanagar, Hyderabad — 500 050 ' hereinafter called the party of the first part A ND f Mr. MIRIYALA PREETHAM Slo Si, M.CH. Raghava Rao, aged about 26 years, resident of H.No.6-60, Chandanagar, Serilingampally, Ranga Reddy District, Hyderabad — 500 050 hereinafter called the party of the second part a §Vhereas the partners are known to each other and interested to do business of Infra structure, real estate i.e. construction works and other related civil works. : 7 By LOSE Contd.2.| Noi BA, te tonll:gh tf Whomrdec) hs... a a 4 2 i or La a ee S0(g SSF ara Wey ANDHRA PRADESH ne Beleli2. TADAKAMALLASAAVAN KUMAR VE KANUS NO. Raw.tp.tter Yowarsoca Fag eo eS saiys RY : NOW THIS INDENTURE WITNESSETH AND IS HEREBY DECLARED AS FOLLOWS: NAME AND STYLE: The firm shall carry on business under the name and style of M/s. VRC INFRA. PRINCIPAL PLACE OF BUSINESS: The principal place of business shall be located at H.No.2-49/1, Chandanagar, Hyderabad ~ $00 050, Andhra Pradesh or any other place or places 4s decided by the Partners from time to time. OBJECTS OF THE FIRM: The main objects of the firm shall be: i) to carry on business of Infrasture, construction, development of land, construction of residential apartments, multi storied buildings, commercial complexes, construction of housing colonies, real estate, purchase and sale of lands, civil contracts, laying of roads, etc, or any other business as decided by partners from time to time. CAPITAL CONTRIBUTION: The partners shall contribute capital required for the business as. per profit sharing ratio. ~ LOY Contd..3. 08 UNTA, 012 Cell No: 9701809606Sof SSF ara wey ANDHRA PRADESH BD 990609 | NO: GLKERS. AGES, TADAKA . [AMP VENUOR, Ki \NUKUNTA, td toll cht: Raglan Pre, Solade:- etayaen Re OtteRTANe veNvoR, KanuKuNT of Whom:.. > AN KUMA 5 I crab. Seep - Cell No: 9701809606 PROFIT SHARING RATIO: The profit and losses of the firm shall be shared by the partners. in the following ratio: 1. MIRIYALA CHINA RAGHAVA RAO 50% 2, MIRIYALA PREETHAM 50% MANAGEMENT OF THE BUSINESS: The ‘Management of the business of the firm shall vest with the Managing Partner, Party of the First Part Sri MIRTYALA CHINA RAGHAVA RAO shall be the Managing Partner who shall be entrusted with the day to day management of the business of the firm till any changes made by both the partners and Party of the Second Part Mr. MIRIYALA PREETHAM shall be the working partner of the firm, Both the partners shall be paid remuneration of Rs.50,000/- p.m.. The Managing Partner Sri MIRIYALA CHINA. RAGHAVA RAO and Working Partner Mr. MIRIYALA PREETHAM is authorized to sign on all the agreements, sale deeds and other related documents on behalf of the firm BANK ACCOUNT AND OPERATION: Bank accounts be opened in the name of the firm in any scheduled bank, co-operative bank and shall be operated by Managing partner Sri MIRIYALA CHINA RAGHAVA RAO individually. es Sy CQ Contd..4.Sof SSF aT TeM ANDHRA PRADESH BD 090610 Non ced HEE TADAKAMALLAGAAYAN KUMAI 7 . IP VENDOR, KANUKUNTA, i onto. Rashmi yo, $olare NAYES Rest ha nosy sore ' rola : < Cell No: 701809606 r Whom:.ti, 8 ‘COUNTS: Books of accounts of the firm shall be maintained at the principal Place of business under the supervision of Managing Partner and Working Partner. 8o, BORROWINGS: Amount required for the conduct of the business in excess of capital contributions by the partners be raised by way of loans from financial institutions and others be a raised by way of loans by the Managing Partner with the concurrence of the working partner, § 10. ACCOUNTING PERIOD: The books of accounts of the firm shall be closed by the end of March every year. "11. DURATION OF THE FIRM: The duration ofthe firm shall be at will, and death, insolvency, insanity of any of the partners does not dissolve the firm. 12. RETIREMENT OF PARTNERS: Any partner desirous of retiring shall retire only at the end of that accounting period and shall be paid the amounts standing to his/her credit by 31% May of the calendar year. "ia, INTEREST ON CAPITAL; All the partners shall be paid interest on their respective capital contributions at the rate of 12% per annum, é 14, ARBITRATION: In case of disputes between the Partners the same shall be settled as per the a provisions of the Arbitration act then in force. 8 Contd..5. ' ; e yO ‘ aSO aig PRADESH BD 090611 NO ite Serene Dt: SONS LE ad to: Ms b:, Rosalvay Tao, Gers Pe ANP VENUOR, KARUKUNTA, ot Whom:.! die Poel peed & 2k No: 17-11-037/2012 1 edapara arr ‘ . = Y 096! eta ee DP caiions of this! partnership deed may We amended, deleféd of Wherwise dealen n> a ‘with, the consent of all the partners and the same shall be in writing which shall have the same effect as if embodied in the deed. : 16. For all matters not provided for in this deed of partnership the General Provisions of the Indian 1 Partnership Act, 1932 shall apply, This Deed of Partnership is executed with the true consent of all the partners on the day, month and year § above mentioned, g WITNESSEss: 1 ork G-See. a CHINA RAGHAVA RAO [ogg chandotege 6 cnekred FP XC De. raed 2 erirerma » [Ree but.