Zoomcar — About vehicle payment and return

Avinash Parshvanath Gadade, Age- 40, Occu-business, R/o-Pune, At present-Flat No.101, Ganesh Apartment, infront of Green Land SchooI, Anand Nagar, Osmanabad.413501.

On the basis of authority, information and documents provided by my
client Avinash Parshwanath Gadade, present notice is given to you as under,
1) That, your company Zoomcar India Private Limited is registered under the provisions of Companies Act and having its branch office at Flat No.1, Shree Bhagawati Classic, Hinjewadi, TaI.MuIshi, Dist.Pune-400411.
2) That, your company engaged in the business of providing self drive vehicles on rental through website platform to the customers.
3) That, my client Avinash purchased vehicle Car GRAND 110 MAGNA 1.2 CRDI in the name of Zoomcar India Pvt.Ltd. But Zoomcar Shall Have No independent right, titIe or interest in the vehicle to sale the vehicle and such right to always be retained by the my client Avinash. My Client Avinash placed his car on your platform.
4) That, You and my client Avinash entered into lease Agreement on 06/02/2018 wherein my Client is a Lessor and you are the Lessee, in respect of Car Hyundai GRAND I10 registration number MH-14 GD-9137, Chassis No.MALA851ELHM768887, Engine No.D3FBHM489479 for a period of 36 month from the date of lease agreement.
5) That, as per the terms of the lease agreement it has been agreed that, the lease of the vehicle shall automatically expire at the end of 36 months commensing from the date of said agreement. Further It has been agreed that after the expiry of the term, Zoomcar shall hand over the vehicle to the lessor i.e. My client Avinash.
6) That, as par the terms of the lease agreement it was agreed that, in consideration of the lease of the vehicle Zoomcar shall pay monthly rent in


accordance with the Zap policy.However it was clarified that minimum listing period cxceeds 20 days which mandatorily comprises all the weekends of the respective month and gross amount payable by Zoomcar to the my client under the Zap policies in any full month, less than Rs.10, 000/- then Zoomcar shall pay at least Rs.10, 000/- to the associate i.e. My client Avinash during that month. It was agreed that gross amount payable under minimum guarantee will not exceed Rs.10, 000/- in any case by Zoomcar to associate and it does not take into account the installments payable on loan.
7) That, it was agreed that the Lessor/ purchaser would be the real owner of the vehicle and holds all rights and title in the vehicle.
8) That, it is inform to you by this notice that you and my client entered into a Lease Agreement on-06/02/2018 and period of lease is complete on-05/2/2021 therefore as per the terms of the agreement it is necessary for you to hand over the vehicle to my client Avinash Parshwanath Gadade i.e. lessor in the lease Agreement.It is also inform you that as the period of lease comes to an end therefore you shall issue require documents in favour of my client to get register the said vehicle in his name, therefore from the service of notice within 15 days you shall handover the vehicle to my client and issue required document to get registered the said vehicle in his name.
9) That, as par the terms of the lease agreement you are bound to pay rental charges to my client as par running(K.M.) of the vehicle since beginning but you did not paid consideration amount as agreed between you and my client to the my client therefore you shall pay minimum amount of Rs.3, 50, 000/- as a consideration amount to the my Client and provide details of running of the vehicle and pay charges(Rent) to my client as par running of the vehicle, within 15 days from the service of this notice. If you failed to comply with the terms of the agreement my client will file legal proceedings against you and Company.
Hence this notice.

Sender of notice

Avin sh parshvanath Gadade