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RS 500/-

STAMP PAPER

SHARE INVESTMENT AGREEMENT

THIS SHARE INVESTMENT AGREEMENT (this “Agreement”) made on this the


14 August Two Thousand and Nineteen, and is entered into by and
BETWEEN
ABI vikas Nidhi LIMITED a limited Company incorporated under the
Companies Act 2013 and having its registered Corporate office – 2/105
vikrant khand Gomti nagar lucknow and Branch office -naka chouk purnea
Bihar.

ABI VIKAS NIDHI LTD.


Rep by its Managing Director

Mr. Virendra Kumar


(Company)
Represented by its Managing Director Mr. Virendra Kumar, S/o Surya
narayan. Khargupur Gonda U.P PIN:271204 (Hereafter referred to as the
‘Company’) And

Mr bharat kumar mandal.(Aadhar No:VID 9135428067384962.)


S/o Jagdeesh Mandal
Residing At . Bathnaha ward 2 Araria 854316

(Hereafter referred to as the “Investor”).

WHEREAS the Company formed for the purpose of Doing financial business
and doing investment business activities.

AGREEMENT
The parties agree as follows:
1. The Investment: The Investor agreed to invest Rs.59000/- (Rupees
fifty-nine thousand only) (the “Investment Amount”)
2. Payment: The Investor made the payment of investment amount of Rs

Rs.59000/- (fifty-nine thousand only). By IMPS / Cheque to Company


Account on 4712141372

ABI VIKAS NIDHI LTD.


Rep by its Managing Director

Mr. Virendra Kumar Mr. …………………


(Company) (Investor)
3. The Company agrees with and undertakes to the Investor/s that it will
maintain effective and appropriate control systems in relation to the
financial, accounting and record keeping functions of the company.

4. MEETINGS: Meeting of the share holders shall be held once in every


year, if required special meetings will be called by issuing notice.
5. MANAGEMENT: Chairman & Managing Director can do all things on
behalf of the company.
6. SHARING OF PROFITS AND LOSSES: Net profits and losses of
the Company shall inure to, and be borne by, the Share Holders,
in proportion to the shares held by each Share Holder.
7. ANNUAL ACCOUNTING: At the annual meeting of share holders,
Annual Report with Balance Sheets will give to share holders.
8. BANK ACCOUNT: The Company will select 6 banks for the purpose of
opening bank accounts. Funds deposited in said bank account shall
be withdrawn by Cheques/ RTGS signed by the Managing Director.
9. BANK LOAN: If the Company requires raising finance by way of any
type bank loan Board meeting decision is final and Managing Director is
powered to sign all documents on behalf of the company.
10. NO COMPENSATION: No share holder shall be compensated for their
services rendered to the company, If company directed to do a service,
the actual cost will be reimbursed to the share holder.
11. WITHDRAWAL: If the Investor desires to withdraw share from
the company, the procedure as follows.
Refund options available after 1 years & this agreement is auto-renewal
(until no intimation given to company by investor)

ABI VIKAS NIDHI LTD.


Rep by its Managing Director

Mr. Virendra kumar Mr. ………………


(Company) (Investor)

14. DISPUTE RESOLUTION; If any dispute arises between the Firm and the
Partner or in between the partners the aggrieved party shall take steps to
resolve use good faith efforts to resolve such dispute or differences within
a week. If the parties being unable to resolve the dispute by mutual
discussion or within such further time as the parties may mutually
agree, the dispute/s ought to be referred by either party to arbitration by
a panel comprising of a Sole Arbitrator or three arbitrators in accordance
with the provisions of the Arbitration and Conciliation Act, 1996 and
shall be decided by such Arbitral Tribunal. The award shall be final and
binding on the parties. The arbitration will be held in Kochi. The
language of the arbitration proceedings will be in English. The disputes
shall be resolved within a reasonable period as may be agreed between
the parties in writing.
15. AUDITING: Within thirty (30) days prior to the annual accounting the
accounts of the Company shall be audited by a Chartered
Accountant.
16. COURT: If any dispute only High Court of lucknow.

IN WITNESS WHEREOF, the parties have set their hands and seal the
year and the day first above

ABI VIKAS NIDHI LTD.


Rep by its Managing Director
Mr. …………………
Mr. Virendra Kumar
(Company) (Investor)

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