Annexure IV

 

GUIDELINES FOR EXECUTING THE DEEDS

 

1.         The deed is to be typed in five copies, the first page of first two copies will be on non-judicial stamp paper each of the value of Rs.2/-. The remaining pages of the first two copies and all the subsequent pages may be typed on plain paper (as per proforma without mistakes).

2.         The non-judicial stamp papers may preferably be purchased in the name of landlord/ landlady, and SJVNL being indicated on back side of the non-judicial stamp paper. In case the landlord does not buy the non-judicial stamp paper, employee may buy in the landlord/landlady's name. In no case, Company will meet this expenditure.

3.         The date of signing the lease deed mentioned at the beginning of the deed and the date of effective occupation of the premises when the rent liability starts as mentioned in second paragraph of the preamble need not be the same. The lease deed may be signed ahead of the date of occupation/rent liability. It can be signed a little later, in case the landlord and the executive concerned reach an understanding as to the terms and conditions governing the lease deed and occupy the premises.

4.         The employee may locate accommodation for his residence through property agent to whom permissible agency charges will be payable by the Company.

5.         The fittings, equipment and fixtures in the premises may be listed and a schedule attached to it. In case this is not desired to be drawn up, the relevant words in this second paragraph of the draft lease deed viz. “As per schedule attached to this deed" may not be typed in the lease.

6.         The lease deed is between the landlord as Lessor and SJVNL as Lessee. The executive for whom the accommodation is taken is not a party to it.

7.         Any deviation in the format of lease deed desired by the landlord may be discussed with Admn. Deptt. Lease Section before finalizing the terms with landlord. Typing of the lease deed is to be done only on one side front side of tile non-judicial stamp paper. Kindly do not use the back side of the non-judicial stamp paper.

9.         It is incumbent upon the Officer for whose use the lease agreements to be executed to clearly indicate if the house belongs to his relative(s) and if so, the relationship(s).

10.       The Lessor (landlord) must produce the ownership proof (original and duplicate copy) regarding the premises to be leased out, to the Lessee while executing the lease deed in this office i.e. latest house tax receipt, DDA Allotment Certificate, etc.

11.              While corresponding with the lease section (Admn. Deptt.) please always quote Reference Number.

12.              Please note that the Lease will be executed for a minimum period of two years except in exceptional circumstances of Transfer and Superannuation for which prior approval of Competent Authority will be required and that the landlord shall have to execute the lease in the presence of the authorized officer of the Corporate Administration Department in his Office.