revenue
Querist :
Anonymous
(Querist) 10 May 2011
This query is : Resolved
I have applied to National Horticulture Board to avail subsidy for a project.
Following are its requirements.
A)A natural person, a group of individuals or a legal person
(Partnership Firm, a Trust, Cooperative Society, a Society registered
under Registration of Society Act, a company, self-help group) are
eligible for subsidy.
B)Title of the land and copy of record of right-
The title of the piece of land on which the project is proposed to be
set up should be in the name of applicant in the capacity of owner or
lessee for minimum period of 10 years. However, for fruit orchards and
plantation crops having longer gestation period the minimum period of
lease should be 15 years. In case of land leased, lease deed it should
be registered with the Authority like office of Sub-Registrar, etc. A
latest copy of record of right showing this fact should be enclosed
with the application. Mortgaged land shall not be treated at par with
lease even if the credit institution might have considered so.
Similarly, Power of Attorney given by owner of land in favour of
applicant shall not qualify him for benefit under the scheme.
C)In case of lease of land for the project a certified copy of lease
deed which should be registered at the time of submission of LOI
application,to be submitted.
I request your guidance on the following:
1) Is it possible to get registered lease of agriculture land for
20years for horticulture purpose?
Presumably,
MP Land Revenue act prohibits lease for more than 3 years.
2)Solution-1
I can make a partnership firm with the land owner.
But then, i have to make many such partnership firms,because total
land is about 25 Acres and there are about 7 farmers.
3)Solution-2
My Firm can enter into a Joint Venture with land owner.
Question is, can this Joint venture Agreement be registered ?
Have a Great Successful Day :)
Kindest Regards,
abhay dholakiya
(Expert) 10 May 2011
solution two is the better option jV is registered is my sence
M/s. Y-not legal services
(Expert) 11 May 2011
1. Please clear your self that how can the revenue authority bar the peoples from entering in lease more than 3 years.. In tamilnadu no certain limitation period regard this.. You can entered for 20 years..
M/s. Y-not legal services
(Expert) 11 May 2011
2. You can.. But have to remember one thing.. That there need a natural person, and a legal person.. If you made partnership with land owners mean you can't be treat as a natural person. Automatically you will shift to legal person. So except you, the land owners can make a partnership. Its may be better one..
M/s. Y-not legal services
(Expert) 11 May 2011
3. If you go for joint venture agreement mean its should be registered. Then only its can be legally enforceable..
