rent act (sub letting)
saurav
(Querist) 08 January 2011
This query is : Resolved
whether setting up of A.T.M. machine by a bank on the leasehold premises amounts to sub letting or it is merely a collateral purpose?
R.Ramachandran
(Expert) 08 January 2011
If the premises has been leased out to the bank and the bank is setting up its own ATM machine (rather than any other bank's ATM machine) in the leased premises, it would not amount to sub-letting.
saurav
(Querist) 08 January 2011
thnx,
if ny judgement , pl refer
R.Ramachandran
(Expert) 08 January 2011
Dear Saurav,
It is quite baffling. If I say that if a lessee bank uses the premises for its purposes then it won't amount to sub-letting. For this also you need judgment. Better you yourself search.
DEFENSE ADVOCATE.-firmaction@g
(Expert) 08 January 2011
Yes it amounts to sub letting and you can be evicted on this count alone.
However there is now an alternative that you can buy an ATM machine and the bank gives you per transection fees.
Advocate. Arunagiri
(Expert) 08 January 2011
If the tenant is using the premises for his own use it is not illegal.
If he is providing the part or whole of the premises for any body else either at rent or free of rent, this is called sub tenancy.