1

PARTNERSHIP

DEED

THIS DEED OF PARTNERSHIP is Madeat Mumbai on the 09th day of Jan,2023

between Mr. Sunil Jaiswal ,an Indian Inhabitant, Aged–42 years,Residingat
10 2 , B W i n g , 1 F l o o r S u p a r s h w a , A P T S e n a p a t i B a p a t
M a r g , P r a b h a d e v i , M a h a r a s h t r a - 4 0 0 0 2 5 (hereinafter calledas the
First Part) AND Mr. Abhimanyu Pandey,an IndianInhabitant,Aged–
41years,residingat Flat 9/20 Centyry Mill Kamgar Vasahat Chawl No,9 P.B.Marg,
Near Doordarshan, Worli Mumbai Maharashtra-400030
(hereinafter calledas the Second Part).
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WHEREAS The partiesheretoof the First Part & Second Part have been carryin gon
businessin partnership from 09thdayof Jan,2023 between SAS REALTY 23,1st
Floor Narayan Tadiwal,Chawl,Old Prabhadevi,Road,Bengal Chemical,
Prabhadevi Mumbai-,Maharashtra-400025 AND WHEREA She parties here to are
desirous of setting certain terms and condition soft he partnership deedandare desirous of reducing
the same in to writing.

The parties aforesaid mutually co venation degree as follows:

1. Object:
The parties aforesaid shallengagein the business of providing:-
 .To manufacture, treat, prepare, ferment, process, produce, pack, repack,
supply and deal in all types of confectionery items, processed foods such as
bread, flour, biscuits, pastry, cakes, confectionery, chocolates, sweets,
chewing gums, milk cream, ice-creams, and other farinaceous and food
products and to bake and prepare baking powders and all materials and
ingredients generally used in preparation of bakery products..
 To carry on all or any of the business or businesses as manufacturers,
importers, exporters, dealers and agents of all kinds of bakery products,
including and in particular bread, loaves, biscuits, cakes, buns, pastries,
creams, protein foods, maize products, cornflakes, canned fruits and
vegetables, butter,  ghee, cheese and other dairy products, milk goods,
malted goods,  pickles, jams, jellies, sausages, milk powder, condensed
milk, chocolates, toffees, sweets, aerated and mineral water .
 To carry on in India or elsewhere the business as manufacture, processor,
importer, exporter, distiller, refiner, fermented, converter, bottler,
distributor, preserver, packer, mover, consignor, seller, buyer, reseller,
transporter, stockiest, agent, sub-agent, broker, supplier, in dentor,
concessionaire or otherwise to deal in all types of beverages, including soft
drinks, soft drinks concentrates, syrups, effervescent drinks, aerated water,
tea, coffee, mineral water, solvents, mixtures, by-products, intermediates &
ingredients, whether made of natural of synthetic materials.
 To carry on the business of manufacturers, researchers, consultants,
importers, exporters, distributors, stockiest, dealers, franchise holders,
bottlers, rebottlers, packers, extractors, pulpers, crushers, grinder of
carbonated and non-carbonated drinks, fruit juices, fruit pulp, milk, jams,.
Jelly, sauce, concentrates and flavors (liquid and powder form), food
colours, aerated water, green vegetables etc.
 To carry on the business of process, produce. Mix, pack, preserve, freeze,
extract, refine, manufacture, import, export, buy, sell, trade and deal in
processed foods, health foods, protein foods, food products, agro foods,
fast foods, packed foods, poultry products, sea foods, milk foods, health
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and diet drinks, extruded foods, frozen foods, dehydrated foods, precooked
foods, canned foods, preserved foods, bakery products and confectionery
items such as breads, biscuits, sweets, cakes, pastries, cookies, wafers,
condoles, lemon drops, chocolate, toffees, tinned fruits, chewing gum,
bubble gum, detergents, tea and coffee, vegetables, fruits, jams, jelly,
pickles, squashes, sausages, nutrient, health and diet foods / drinks,
extruded foods, confectionery items, sweets, cereals products and any other
food products in and outside India.
 To carry on the business of processing, farming, manufacturing,
distributorship, agency, broker, factors, stockiest, importer and otherwise
deal in all kinds of organic and inorganic foods products and drinking
products, mineral water, soft drinks, aerated mineral water, fruit drinks,
artificial flavoured drinks, condensed milk and drinking products of all
kinds and other consumable provision of every description for human
consumption.

2. Capital:
The capital of the firm shall Becontree butte day the partners maybe mutually
agree dupon.

Mr.Sunil S jaiswal 50,000/-

Mr.Abhimanyu Pandey 50,000/-
===========
1, 00,000/-
===========
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3. Place of Business: The business of the partnership pshallbe carriedonat
23,1st Floor Narayan Tadiwal,Chawl,Old Prabhadevi,Road,Bengal
Chemical, Prabhadevi Mumbai-,Maharashtra-400025 ,.and at such the
replay carpal cesasmay bemutuall yagree dupon.

4. Shares:
Thes har esof the partner sintheprofits & losses of the firmshallbeas
follows:
Mr. Sunil S jaiswal 50%
Mr. Abhimanyu Pandey 50%
==========
100%
==========

5. The Duration of the partnership shall be At Will.

6. Thebothpartnersasmentionedaboveshallbetheworkingpartnersforthepurpose
ofProvisionsofthesection40(b)oftheIncomeTaxActandtheywilldevotenecess
arytimeattention inconducting thebusiness ofthePartnership.

7. InconsiderationofthepartnersdevotingthetimeandattentiontothebusinessofPar
tnershiptheyshallbepaidremunerationasunder:

OnfirstRs.3, 00,000/-ofthebookprofit 90%ofbookprofit

Whicheverismore

On the balance 60%thereof

Profitasshownbyannualaccountsorbookprofitsasascertainunderchapter
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VID of Income Tax Act, 1961andthe amendmentsthoseareineffectfrom
timetotime.Salaryasstatedabovetowhichthepartnersareentitledwillbeapportio
nedinthefollowingways.

Mr. Sunil S jaiswal 50%

Mr. Abhimanyu Pandey 50%
============
100%
============
Salarytowhichthepartnersareentitledwillbeconsideredassalaryfallingduesont
helastdayoftheaccounting year.

8. Intheeventoftheremunerationpaidtopartnersduringthe
yearexceedstheabovepercentagethe remunerationsopaidin
excessshallbereducedintheproportioninwhichthepartnershavedrawntheremu
nerationexceedtheaforesaidlimits.Theexcessremunerationdrawnwouldbeadj
ustedagainsttheshareofprofitofeachpartnerforthatyearandifthesaidexcessrem
unerationexceedstheshareofprofitthenthesamewillbedebitedto theaccountoft
hepartnerstobeadjustedagainstremunerationandshareofprofitforthesucceedin
gyears.Intheeventofaloss.Beforeremunerationtheremunerationpayabletoallth
epartnersshallberestrictedto
asperwillandsumshallbedividedbetweentheworkingpartnersinthesamepropo
rtioninwhichtheyhavedrawnremuneration.Excessremunerationdrawnshallbe
adjustedinthecapitalaccount.

9. Thepartnersshallbeentitledtomodifytheabovetermsrelationtoremuneration,in
terestetc.payabletothepartnersbyexecutionasupplementarydeedandanysuchd
eedwhenexecutedshallhaveaffectunlessotherwiseprovided,fromthefirstdayof
theaccountingperiodinwhichsuchsupplementarydeed isexecuted andthesame
shallfrompartofthisdeedofpartnership.

10. Drawing:
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The Drawing of the partners shall bemutually decidedbythepartners.

11. Accounts:
ProperAccountsoftheincome&Expenditureofthepartnershipshallbekeptandth
enetincomeshallbedividedattheendofeachfinancialyearending31stMarch.

12. Noneofthepartnershallterminatetheotherpartnerfromthepartnershipunlessand
untilotherpartnerisconstantlyandwillingactinginadversetothebenefitofthebusines
sorcreatinganydefaultthatcausedtobusinessremissionorwillinglynottakingactivepartinrunni
ngbusinessinthatcase,thedefaultingpartnershallbeatlibertytoterminatethepartnershipafterrec
eivingtheleast1calendarmonthnoticein writingfromotherpartner.

13. OntheTerminationofthepartnershipunderclause12orforanyreason,thefirmsha
llgiveintimationthereoftoallthepartiestowhomprofessionalserviceswerebeing
renderedimmediatelybeforedissolutionwiththeoptiontoeachpartytodetermine
whoseservicestheywouldliketoavailofinfutureandthefilesand
thenecessarypapers
relatingtotherespectivepartiesshallbegiventoeachpartnersaccordingly.

14. Ondissolutionofpartnershipthebooks,journals,reportsfurnitureetc.broughtinb
yeachpartnershallbegiventoeachpartnerandtheremainingassetsshallbedistrib
utedaspervaluationthereofinthebooksofaccountmaintained.Onthedeathofany
hereto,thedistributionunderthisclauseshallbedonebetweenthesurvivingpartne
randthelegalrepresentativeofthedeceased.Anycontroversyorclaimrelatingtot
hispartnershipagreementoranyBreachinrespectthereofshallbesubjecttoarbitra
tionundertheIndianArbitrationActtheninforce.ThedecisionarrivalatbytheArb
itratorsShallbebindingonboththepartners,theirheirsandlegalrepresentatives.

15. TheBankersofthepartnershipshallbesuchbankersasmaybeagreed
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betweenthepartiesheretofromtimetotime.Thebankaccountshallbe
operatedbybothpartnersorjointlyorseverally.

16. Eachofthepartnersshalldevotesuchattentionandtimetothebusinessasshallbeco
nvenienttoeachofthemandasshallbenecessaryforthesmoothandefficientrunni
ngofthepartnershipbusinessandshallhavelibertytocarryonorbeengagedinanyb
usinesssimilartoorcompetingwiththepartnershipbusiness.

17. Eachorthepartiesheretoshallbeentitletonominatebywillorotherwisetheperson
whoshallbetakenupasapartnerinhisplaceanduponthedeathofanypartnerthesur
vivingshalltakesuchpersonaspartnerwiththemselvesifthepersonsonominateda
greedtobecomeapartnerPROVIDEDHOWEVERthatincaseoffailuretonomin
ateasaforesaidthesurvivingpartnersshalltakeapersonwhomaybenominatedby
alltheheirsofthedeceasedpartnertobepartnerwiththemselvesandPROVIDEDF
URTHERthatthepartnershipshallinallrespectasfaraspossiblebecontinuedonth
esametermsandconditions.

A) In case of Death of Mr .SunilJaiswal , he wouldliketonominate

Mr, Navneet Jaiswal Samaira i-Relation Son
case of Death of Mr Abhimanyu Pandey ,hewouldliketo nominate
B) In
Ms, Palak Relation- Daughter

18. Anypartnermayretirefrom
thepartnershipbyonemonth’swrittennoticetotheotherpartnersofhis
intentiontodo so,but
deathorretirementofanypartnershallnotdissolvethepartnershipbutthesurvivin
gpartnersand/
orcontinuingpartnershallbeentitledtocontinuethepartnershipinterestbetweent
hemandalsotakenewpartnerorpartnersthereinprovidedhoweverthattheretiring
partnerortheheirsandlegalrepresentativesofthedeceasedpartnerasthecasemay
beshallbeaentitledtotakeaccountsofthe
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Partnershiptillthedateofhisretirementordeathasthecasemaybeandto
receivefromthecontinuingpartnersthesumthatmaybefounddueandpayabletoth
eretiringpartnerorthedeceasedpartnerisfoundbythepartnershipon
makingupsuchaccounts.Ifonmakingupsuchaccountstheretiringorthedeceasedpart
nerisfoundindebtedtothepartnershiptheretiringpartneroftheheirsandlegalrepresentativesofth
edeceasedpartnerasthecasemaybeshallbepayuptothecontinuingpartnerssuchsumfoundduea
ndpayablebytheretiringorthedeceasedpartner tothepartnership.

19. Any
partnergivingonemonth’snoticeofhis/herintentiontodoinwritingtotheotherpar
tnersshalldissolvethepartnership.Howeverthedeath,retirementorinsolvencyor
anypartnershallnotdissolvethepartnership.

20. Nopartnershallwithoutthepreviouswrittenconsentoftheotherpartner:

a) Transfer,assign,mortgage,orencumberthepartnershipbusinessorassetsorhi
sshareinthepartnershipassetsorprofitsoranypersonorpersonsexceptintheo
rdinarycourseorbusinessofthepartnership.

b) Draw,acceptorsignanybillsofexchangeorpromissorynoteorcontractanyde
btonaccountofthepartnershiporemployanyofthemoneysgoodsoreffectofth
epartnershiporinanymannerengagethecreditthereofinanymannerorthinge
xceptuponthebusinessandforthebenefitsofthepartnership.

c) Releaseorcompoundanydebtorclaimofthepartnership.

d) Knowinglyorwillfullydoorcommitorpermittobedoneorcommittedanyact,
deedmatterorthingwhatsoevertherebythepartnershipmoneysoreffectsorhi
sshareofinterestthereinmaybe
seizedattachedortakenintoexecutionormateriallyaffected.
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e) Enterintoanybondorbesuretyforanypersonorpersonsordoorknowinglyper
mittobedoneanythingwherebythecapitalorthepropertyofthepartnershipma
ybeseizedattachedortakenintoexecution.

f) GivepowerofAttorney,toanypersontoactonbehalforthepartnership.

g) Lendanymoneyordeliveruponcreditanygodsofthepartnershiptoanyperson
orpersonsoranyfirm,companyorsocietywithhimotherpartnerorpartnerssha
llhavepreviouslyrequestedhimnottodeal.Thepartnersolendingmoneysorde
liveringuponacreditanygoodsof.

h) The partnership shallimmediatelypayto thepartnersfullamount

ofthevalueofthemoneyorgoodwhichheshallhavelendand/ordeliveredupon
creditasaforesaidorthelosswhichmayhavearisentherebyandindefaultof
suchpayment,theremaining andpartnersshallhave
powertodebitthesametotheaccountofthepartnerinthebooksoftheaccountof
thepartnership.

21. EachpartnerShall:

a) Befaithfultoeachotheratalltimegivetrueandcorrectinformationregardingth
epartnershipbusinessandaffairsinhispossessiontotheotherpartners.

b) Payhispersonaldebt andindemnifythepartnershipassetsandthe
otherpartnerandhisestateagainstthesameandagainsttheentireexpensesinci
dentalthereto.
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c) ForthwithpayIpartnershipallmoneys,chequeandnegotiableinstrumentsrec
eivedbyhimforandonbehalfthepartnershipacreditorgetcreditedthesameint
hebooksoftheaccountof the partnership.

22. Ifanypartnershallatanytimeduringsubsistenceofthepartnershipbecomeinsolve
ntorenterintoanycompositionorarrangementwithorforthebenefitorhiscreditor
sorincaseofcompanyisorderedtobewoundupthepartnershipshallautomatically
determineimmediatelyonhappeningofanyoftheeventaforesaid.

23. It hasbeenexpresslyafraid betweenthepartieshereto

thatundernocircumstancesanyofthepartiesheretoshallhaveanyrighttohaveare
ceiverappointedofthepartnershipbusinessandassetsand/
orpropertiesestateandeffectsofthepartnershipwhatsoeverunlessconcurredupo
nbyallthepartnersprovidedfurtherthatifanypartnerattemptsorthreatenstodoso,
heshallbeexpelfromthepartnershipimmediatelyandwhereuponsofarasregards
suchpartnerthepartnershipshalldetermineandshallimmediatelyceaseandtheot
herpartnershallbeentitledtotakeoverthepartnershipbusiness,properties,estates
andeffectswithoutprejudicehowevertotheremedieswhichtheotherpartnersorp
artmayhaveagainstsuchpartnerinrespectofanyantecedentbreachofanytermsan
dconditionssaidstipulationshereincontained.

24. Alloranyofthetermsofthispartnershipdeedshallbemodified,altered,amended,s
ubstitutedorenlargedbyalternation,additions,commissionofany
termsortermsandconditionfromtime
totimeasshallbeagreeduponbyandbetweenthepartiesheretoinwriting.

25. Alldisputesandquestionswhatsoeverduringthesubsistenceofthepartnershipori
nthecourseofwindingupthesameorafteritsdissolution
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arisingbetweenthepartiesheretoorbetweenheirsandlegalrepresentativesofany
partnersorpartnerandthesurvivingpartnersorpartnerorbetweentherespectiveh
eirsandlegalrepresentativesofallthepartnersaccountsofaffairsorpertainingtoth
eagreementsorvaluationtotheexistencevalidityormeaningofthisdeedorthecon
structionorapplicationthereoforanyclaimsorthingassetsdebtorliabilitiestobem
adehereunderorastoanyothermatterinanywayrelatingtothepartnershipbusines
sortheaffairshereofortherightsdutiesorliabilitiesofanypersonhereundershallb
ereferredtosolearbitratorandtobeappointedbyeachpartytothedisputesubjectth
ereofthearbitrationproceedingsshallbeconductedinaccordancewiththearbitrati
onact1940,orany statutorymodificationorre-
enactmentthereofforthetimebeingintheforceandtheawardofsucharbitratororar
bitratorsortheumpireasthecasemaybeshallbefinalandbindinguponthepartiesto
thedisputes.

INWITNESSWHEREOFthepartiesheretohaveofFirst,Secondhavehereintosetandsu
bscribedtheirrespectivehandsandsealsthedayandyearfirsthereinabovewritten.

SIGNEDSEALEDANDDELIVERED
By the with named: - )
Mr. Sunil S Jaiswal )
In the presence of.

By the with named: - )

Mr. Abhimanyu Pandey )
In the presence of. )