Search Results for "lease renewal option"

135 result(s) found

Scroll Down To Discover

Found 135 result(s)

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Lessor’s Appeal in Lease Renewal Dispute — Renewal Clause Does Not Offend Rule Against Perpetuity. Option to Renew Lease Every Ten Years Does Not Create an Interest in Property Under Section 14 of the Transfer of Property Act, 1882.

The dispute arose from a lease deed executed on October 26, 1951, between the appellant-lessor and the respondent-lessee for premises in Bangalore. Th...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petition by Lessee in Lease Renewal Dispute Due to Failure to Prove Timely Notice. Option to Renew Lease Must Be Exercised Before Expiry of Original Term; Notice Given After Expiry Is Invalid Under Clause 3(c) of Lease Deed.

The case involves a lease deed dated 27th August 1956 between Burmah Shell Oil Storage & Distributing Company of India Ltd. (predecessor-in-title of t...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Specific Performance Claim in Furnace Oil Supply Renewal Dispute. Plaintiff Voluntarily Gave Up Relief as Renewed Contract Period Had Already Expired, Leaving Damages Claim for Adjudication.

The suit was instituted by Saurashtra Chemicals Ltd, a chemical manufacturer, against Indian Oil Corporation Ltd, a government undertaking, arising fr...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Decision That Compromise Decree in Lease Renewal Dispute Is Merely Declaratory. Direction to Vacate Held Ineffective; Lessor Cannot Unreasonably Withhold Consent for Renewal Under Original Lease Terms.

The case arose from an execution proceeding concerning a compromise decree in a suit for ejectment of lessees of a cinema house known as Uttam Talkies...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petitions Seeking Mandamus to Enforce Lease Renewal Clause Against Central Railway. Clause 20.1 of Lease Agreement Does Not Confer Automatic Right of Renewal; Railway's Discretion to Invite Fresh Tenders Upheld.

The judgment concerns two writ petitions filed by Parcel Carriers (India) Pvt Ltd and Scorpion Express Pvt Ltd against the Union of India and Central ...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Jurisdiction of Civil Court to Determine Fair Rent in Government Lease Renewal Dispute. Lease Renewal Clause Requiring 'Fair and Equitable' Enhancement by Lessor Held Unenforceable Without Judicial Review of Fairness.

In 1909, the Government of Bombay leased plots of land to the appellants for residential purposes on payment of a premium and an annual rent of Rs. 3-...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petition Seeking Lease Extension for Tourist Resort Based on Legitimate Expectation. No Right to Renewal Exists Under Lease Agreement or Policy, and Doctrine of Legitimate Expectation Cannot Override Statutory Tender Process.

The petitioner, Sugati Beach Resort Pvt. Ltd., had entered into a lease agreement with the President of India through the Union Territory Administrati...

© Image Copyrights Juris Services & Technology

Gujarat High Court Dismisses Lessee and Sub-Lessee's Revision Petitions Against Eviction Order in Rent Control Matter. Lease Deed Condition Permitting Lessor to Construct on Demised Land Does Not Create Tenancy Rights in Favour of Lessee After Expiry of Lease Term.

The case involves two revision applications filed by the lessee, Bharat Petroleum Corporation Ltd., and the sub-lessee, Mahendra Motors, challenging t...