Bombay government premises (eviction) act, 1955,

You have not posted the material facts or the context for this query. The query is too speculative to suggest any answer.

Sir,

 In actual the land belongs to a nationalie bank,the tenants are staying since more than 50 years,between them there is a owner who got certain rights from the bank earlier,so these tenants are on pagdi system.they have got a notice from ( sec - 79 A ) from MHADA  following the dilapidated report of MCGM,so to secure the possession they decided to form a registered society,since the bank issues eviction notice after every 4 months,my question is if the tenants do so,then could it a problem for them by bank in future.

No definite suggestion is possible unless the documents are perused and issues discussed. As such, only a local advocate could be assistance in resolving the issue.