Live and license agreement and factory license

Gyan Prakash Mishra (Querist) 15 November 2011 This query is : Resolved
We want to allow a manufacturer to put up his plant (Klinker) for using fly ash generated from our power plant. 100% disposal of ash is a condition given by CPCB while allowing to put up this plant.

Our land can not be leased out to any third party as per provisions of the lease agreement with Orissal Govt.

Can we entre into live and license agreement. In that case who will take factory license and take care of other legal formalities.

An early reply will make me enable to take decision.

Thank you.

Gyan Prakash Mishra

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adv. rajeev ( rajoo ) (Expert) 15 November 2011
Just you both form a partnership firm and do the rest of things.

Rajeev Kumar (Expert) 15 November 2011
Both of you form a partnership firm and do the rest thing

ajay sethi (Expert) 15 November 2011
the lease deed may prohibit creating of any thrid party rights . scrutinise the lease agreement whether it prohibits you from giing land on leave and licence basis too

Sailesh Kumar Shah (Expert) 15 November 2011
You can consider opinion of Shri Rajeev.

Devajyoti Barman (Expert) 15 November 2011
Yes Leave and License is a good option if indeed the lease is prohibited by the govt.

Kirti Kar Tripathi (Expert) 15 November 2011
In the present condition, I thing you have only remedy as Mr. Rajeev Suggested.

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Live and license agreement and factory license

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