Land on 99 years lease
Avinash Nene
(Querist) 27 May 2013
This query is : Resolved
Is there any Supreme court judgement on the rights of the Lessie holding land on 99 years lease at the end og the lease if there is no renewal provision in the Lease Agreement?
Kishor Mehta
(Expert) 28 May 2013
Sir,
At the end of the lease period, in the absence of a renewal clause, the lease stands terminated and the lessee has to handover peaceful and vacant possession of the property to the Lessor.
Good Luck
Kishor Mehta
Raj Kumar Makkad
(Expert) 28 May 2013
Renewal word itself is clear. If e=lease is not renewed, it gets terminated due th its limit. There is no contrary judgment to this legal aspect.