Ps bank lease period over not checkout

1. Write a suitable letter to the Head Office of the Bank addressed to the Chairman giving full details attaching copy of your Notice to vacate.  Send a copy of it to Bank Branch which is located in your property. Put a copy to their local Regional Office too.

2. Visit the local Regional Office and inform them about our intention to take back the property.

3. Still no result, get a Lawyer's Notice served on the Chairman of the Bank giving additional time of 3 months to vacate.

4. Afterwards, normally Bank comes to negotiate and talk to you. If you are still not interested to extend the lease, even at a hike in rent, inform them in writing.

5. Still no result, file a case against the Bank in the local Court which has the jurisdiction. Ensure that all their Officials from Chairman, Regional Manager to the local Branch Manager are named as Defendants.

I Agree with Sivaram Prasad.

i would like to do the below.the above suggestion will make you run behind the bank,instead have the bank come running behind you..

--since this is with a nationalized bank, you have better chances to handle this by RTI

file a RTI and ask for reasons for not able to vacate and for no replies to your request to terminate the lease.
also,file a  complaint with RBI wiht some frivolous cmplaints and do a followup with RTI.
if you have decided to kick them out..just give them the above noises.nationalized banks are already so busy and the above noises will make them consider moving out than to deal with your RTI and RBI complaints.

 

no need for a lawyer for the above..just a RTI with string points will get things works out...have done this and it did worked out..

Please do not abuse RTI like that. It is not a proper advice.

Honestly. When you let out to public service entity like bank. You are actually bidding it goodbye for a very long period. No court can force to remove a bank as it will cause great inconvenience to local residents there. This outweighs your willingness to let out or not. What does the previous agreement say about increments? If bank is willing to offer on same lines you have no chance against them . If not, try and negotiate.

It is  your property and you have all the rights to extend or terminate the lease agreement after expiration of the original agreement.  If the lease period was for 5 years, even if there was a renewal clause, it can be enforced upon mutual agreement only and not that the bank being a public benefit organisation can claim exemption on that basis to extend the lease period arbitrarily.  They  have no right to extend  the lease period on their own.  If  the bank is not agreeing to pay the escalated rent over a period of time especially when the escalation demand was  justified, you may issue a legal notice to the bank to vacate on expiration of the original lease period and you are not willing to extend the lease anymore.  Failing to respond you may file an eviction suit before the rent controller court or  designated civil  court.  

Mr Raja. The route of litigation may be long drawn. Meanwhile please make sure that your conduct after the serving of notice of vacating, does not imply that you are willing to continue. For e.g. if you keep accepting rent it might imply renewal of the agreement.