I (Licensor / Owner) rented out a Commercial Shop in Surat on registered leave and license agreement signed for 11 months. The Licensee has been in need for his business, therefore renewing L&L after every 11 months continuously for past 3 years.
FY 2019-20 is the 3rd year and Licensee is operating his business from the said commerical shop with a valid L&L for 11 months.
Is there a law which defines that Licensor can lose his property rights if the same Licensee operates his business from the said premises for over 3 years ? Even after licensor is holding a registered leave and license agreement on which legitimate stamp duty has been paid ?
