Termination Checklist

Sterling Square

LSE-2024-018 · Chennai · EiBS / Chennai HQ · Notice Served: 12-Mar-2026
Effective Date
15-Jun-2026
Deposit To Refund
₹ 5,12,000
Adjustments
-₹ 40,000
4 / 9
Closure tasks
Notice of termination served to lessor
Min 3 months as per agreement clause 12.2
Operations
—
Outstanding rent and utilities cleared
Verify with Finance
Finance
—
Building inspection completed
Joint inspection with lessor representative
Facilities
—
Damage assessment & adjustments agreed
₹40,000 adjustment to deposit for floor repair
Facilities
—
All assets and inventory removed
IT equipment, furniture, signage
Admin
—
Utility accounts closed or transferred
Electricity, Internet, Telephone
Facilities
—
Keys and access cards handed over
Document handover via Documents module
Admin
—
Deposit refund received
₹5,12,000 expected
Finance
—
No-dues certificate received from lessor
Required for audit trail
Operations
—
Once all tasks are complete, lease will be moved to Closed.
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