From: William Bissell Mailto: Sent: 27 October 2017 16:57 To: Harpreet Duggal <>
From: William Bissell [mailto:
Sent: 27 October 2017 16:57
To: Harpreet Duggal <>
Subject: FW: Turner Road update - Vijai's suggestion on how to proceed
RA – CEO
My best,
William
From: vijai kapoor <>
Date: Friday, 27 October 2017 12:29 pm
To: Rajendran KP <>
Cc: Ajay Kapoor <>, Kuldeep Sharma <>, Viney Singh <>, William Bissell <>, Charu Sharma <>, Mukesh Chauhan <>, <>, <>, Saveen Sharma <>
Subject: Re: Turner Road update
I suggest that at this stage we pay nothing to SICOM. When a demand is received we shall examine it legally. Of course, our dialogue with the buyer of the property may proceed. As a start he should share with us a copy of the sale deed. That will disclose, inter-alia, if it has a stipulation concerning the security deposit.
Sent from my iPhone
On 27-Oct-2017, at 12:12 PM, Rajendran KP <> wrote:
Dear Mr.Ajay
We have not paid anything to sicom till date. All the cheques that we have so far given to sicom have been either returned by them or not encashed till date.
We have not paid anything from august 2015 till date.
The security deposit that we have paid is to kamla landmark of Rs. 63 lacs( 7 months MMG at the time of signing the agreement).
The above for your information. Regards Rajendran.
From: Ajay Kapoor [mailto:
Sent: 27 October 2017 10:41
To: 'Kuldeep Sharma' <>; 'Viney Singh' <>; 'Office MD' <>; ; 'Mukesh Chauhan' <>;
Cc: ; ; 'Saveen Sharma' <>; 'Rajendran KP' <>
Subject: RE: Turner Road update
Sure Kuldeep, please confirm for the meeting. Saveen, Rajendran and you should be meeting the new landlord.
Also the point raised by Mukesh on the Advance SD should be cleared with them.
Rajendran, please ensure that we are not issuing any more cheques to SICOM as this will be a recovery of the advance that has been given to the first landlord.
Thanks
Ajay
From: Kuldeep Sharma [mailto:
Sent: 27 October 2017 10:18
To: 'Viney Singh' <>; 'Ajay Kapoor' <>; 'Office MD' <>; ; 'Mukesh Chauhan' <>;
Cc: ; ; 'Saveen Sharma' <>; 'Rajendran KP' <>
Subject: RE: Turner Road update
Sure Sir..
Should we confirm to the owner for a meeting as he requested.
Regards
KULDEEP KUMAR SHARMA
Head – Legal
Fabindia Overseas Private Limited
2nd Floor, C-40, Phase-II,
Okhla Industrial Area,
New Delhi – 110020
Tel: +91-11-40692000 Extn: 2057
Mobile: +91-9990274447
Email:
Website:
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From: Viney Singh [mailto:
Sent: 27 October 2017 03:36
To: 'Ajay Kapoor' <>; 'Kuldeep Sharma' <>; 'Office MD' <>; ; 'Mukesh Chauhan' <>;
Cc: ; ; 'Saveen Sharma' <>; 'Rajendran KP' <>
Subject: RE: Turner Road update
Dear Kuldeep,
I am in agreement with Ajay.
Our current terms are very healthy and we need to convince the new landlords of this.
Regards
Viney
From: Ajay Kapoor [mailto:
Sent: 26 October 2017 12:39
To: 'Kuldeep Sharma' <>; 'Office MD' <>; ; 'Viney Singh' <>; 'Mukesh Chauhan' <>;
Cc: ; ; 'Saveen Sharma' <>; 'Rajendran KP' <>
Subject: RE: Turner Road update
Hi Kuldeep,
As I understand from the mail of Rajendran the MG was supposed to be revised to 10.35 lacs with a 15% escalation from September onwards which we should agree too.
I don’t think we should agree anything beyond this at the moment and should convince them on the current rentals only which are quite healthy with a 12% RS which is being given. We need to check if the agreement is for 5 years or 9 years as in Mumbai many agreements are of 5 years and if so is the case then the new terms can be discussed post the expiry of the current one.
Thanks
Ajay
From: Kuldeep Sharma [mailto:
Sent: 26 October 2017 10:35
To: 'Office MD' <>; ; 'Viney Singh' <>; 'Mukesh Chauhan' <>; 'Ajay Kapoor' <>;
Cc: ; ; 'Saveen Sharma' <>; 'Rajendran KP' <>
Subject: RE: Turner Road update
Dear All,
Kindly advise on the matter.
Should we meet the new owner on Nov 03, 2017 for the discussions on the License Agreement.
Regards
KULDEEP KUMAR SHARMA
Head – Legal
Fabindia Overseas Private Limited
2nd Floor, C-40, Phase-II,
Okhla Industrial Area,
New Delhi – 110020
Tel: +91-11-40692000 Extn: 2057
Mobile: +91-9990274447
Email:
Website:
<image001.jpg>
From: Kuldeep Sharma [mailto:
Sent: 23 October 2017 17:27
To: 'Office MD' <>; '' <>; 'Viney Singh' <>; 'Mukesh Chauhan' <>; 'Ajay Kapoor' <>; '' <>
Cc: '' <>; '' <>; 'Saveen Sharma' <>; 'Rajendran KP' <>
Subject: RE: Turner Road update
Dear All,
As mentioned by Rajendran in the mail below, the turner Road property has been sold to Y M Infra by SICOM.
This is the same investor, whom we met in July. During our last meeting, the representative of the investor Mr. Atif told us that they are expecting Rs. 15 lac as fixed license fee. They are not interested in the revenue share part.
As Rajendran has mentioned, the investor wants to meet us on November 02, 2017 to discuss the terms of the License.
To our view, we can meet the representative of the investor and understand from them on their current expectations. I would want to meet the investor along with Rajendran for the discussions on November 02, 2017.
We have requested Rajendran to share the details of the payable license fee for the last 12 months, so that we may understand the impact of the demand from the investor/new owner.
If the investor sticks to 15 Lac, how far can we go in our negotiations.
Request you all for your kind advise in the matter.
Regards
KULDEEP KUMAR SHARMA
Head – Legal
Fabindia Overseas Private Limited
2nd Floor, C-40, Phase-II,
Okhla Industrial Area,
New Delhi – 110020
Tel: +91-11-40692000 Extn: 2057
Mobile: +91-9990274447
Email:
Website:
<image001.jpg>
From: Mukesh Chauhan [mailto:
Sent: 23 October 2017 13:29
To: 'Rajendran KP' <>;
Cc: ; ; 'Saveen Sharma' <>; 'Viney Singh' <>;
Subject: RE: Turner Road update
Dear Kuldeep
Pls advise Rajendran on how to take this forward.
Regards
Mukesh Chauhan
Group CFO
<image002.jpg> overseas Private Limited
C-40, 2nd Floor, Dayal Estate, Okhla Phase-2,
New Delhi-110020
Tel: +91-09350184802, 011-40692059
Email:
Website :-
From: Rajendran KP [mailto:
Sent: 23 October 2017 13:10
To:
Cc: 'Mukesh Chauhan' <>; ; ; ; 'Saveen Sharma' <>; 'Viney Singh' <>
Subject: RE: Turner Road update
Importance: High
Dear Mr.Mukesh
A few minutes back I got a call from Mr.Atif of Y.M.Infra private limited, mentioning that they have purchased the turner road property from sicom.
Kuldeep and I had met with Mr.Atif a couple of months back when the discussion were on. Now Mr.Atif wants to have a meeting along with sicom team on the 2nd of November 2017 at their office at nariman point between 11.30 am and 12 noon.
Kindly advice on the same at the earliest so that I can then confirm with Y.M.Infra. regards rajendran
From: Rajendran KP [mailto:
Sent: 22 August 2017 15:04
To: 'Kuldeep Sharma' <>
Cc: 'vijai kapoor' <>; '' <>; 'Mukesh Chauhan' <>; '' <>; '' <>
Subject: RE: Turner Road Representation
Importance: High
Dear kuldeep
Today the cover letter along with the copy of the representation filed has been sent to the concerned officials. The copy attached for your records . regards Rajendran.
From: Rajendran KP [mailto:
Sent: 19 August 2017 14:03
To: 'Kuldeep Sharma' <>
Cc: 'vijai kapoor' <>; '' <>; 'Mukesh Chauhan' <>; '' <>; '' <>
Subject: RE: Turner Road Representation
Importance: High
Dear kuldeep
Today I met the inspector chormale and handed over the representation letter to his office and obtained the acknowledgement. The copy of the acknowledgement is handed over for your reference. As regards sending the copies to the other offices, can I hand it over at the police station and get the acknowledgment or do I have it send it by registered post only. Because When I spoke to the inspector chormale he said that the same can be handed over at the bandra police station itself and only for the police commissioner it need to be sent to his office at Fort/cuffeparade. Please advice on the same. The inspector said that he will revert back on the representation letter handed over to him soon. Regards Rajendran.
From: Kuldeep Sharma [mailto:
Sent: 18 August 2017 14:20
To: 'Rajendran KP' <>
Cc: 'vijai kapoor' <>; ; 'Mukesh Chauhan' <>; ;
Subject: RE: Turner Road Representation
Dear Rajendran,
As discussed, please find attached the revised version of the Representation.
This you may submit in hand against a receipt, at the police station with the police station in charge. Also send a copy to the Police Station Incharge through registered post.
Please sign and stamp on all the pages of the representation.
Also we need to send the copies of the representation to the following via registered post.
1-ACP-Bandra
2-DCP-Bandra
3-Police Commissioner, Mumbai
For sending copies to the above, please send the copy of the representation under the covering letter, of which a draft is attached hereto.
In case you need any clarification in this regard, do call us.
Also please send a copy of the original signed representation, the postal receipts and the acknowledgment of receipt from the police station, to us.
Regards
KULDEEP KUMAR SHARMA
Head – Legal
Fabindia Overseas Private Limited
2nd Floor, C-40, Phase-II,
Okhla Industrial Area,
New Delhi – 110020
Tel: +91-11-40692000 Extn: 2057
Mobile: +91-9990274447
Email:
Website:
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From: Rajendran KP [mailto:
Sent: 12 August 2017 11:11
To: 'Kuldeep Sharma' <>
Cc: ; 'Mukesh Chauhan' <>
Subject: RE: Turner Road Representation
Importance: High
Dear kuldeep
Just to remind you that I have not gone ahead and handed over the representation letter as you had told me that you will be revising the same and sending me a new draft. Regards Rajendran.
From: Kuldeep Sharma [mailto:
Sent: 10 August 2017 14:17
To: 'Rajendran KP - RFH BOM' <>
Cc: 'vijai kapoor' <>; ; 'Mukesh Chauhan' <>; 'Vanessa Singh' <>; 'Satyajit Sarna' <>
Subject: Turner Road Representation
Dear Rajendran,
As discussed, please find attached the final draft of the representation to be filed with the local police, Bandra.
Please fill the rent details in clause 6 (f), before printing. Also the copies of all the previous letters as mentioned in the representation, are to be annexed to the representation.
This you may submit in hand against a receipt, at the police station with the police station in charge. Also send a copy to the Police Station Incharge through registered post.
Please sign and stamp on all the pages of the representation.
Also we need to send the copies of the representation to the following via registered post.
1-ACP-Bandra
2-DCP-Bandra
3-Police Commissioner, Mumbai
4-Director General of Police Maharashtra.
5-Principal Secretary Home, Maharashtra
6-Chief Secretary Maharashtra
For sending copies to the above, please send the copy of the representation under the covering letter, of which a draft is attached hereto.
In case you need any clarification in this regard, do call us.
Regards
KULDEEP KUMAR SHARMA
Head – Legal
Fabindia Overseas Private Limited
2nd Floor, C-40, Phase-II,
Okhla Industrial Area,
New Delhi – 110020
Tel: +91-11-40692000 Extn: 2057
Mobile: +91-9990274447
Email:
Website:
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