Law regarding refund of l&l security deposit

Just make a formal application requesting authority to refund the security deposit and let them respond with such reasons for not refunding such deposit.  It may be a nonrefundable SD during the tenant and landlord relations continue.

What is the context in which the query is posted?

I'm the tenant and the leave and license agreement is getting over in a few weeks. Landlord is saying that he'll return the security deposit after we vacate the flat but is unwilling to give any time frame. That's why I wanted to know what is the law in Maharashtra with regards to refund of Leave and license security Deposit? The registered agreement doesn't mention anything as to when the security deposit becomes refundable.

If you could share details as to which section of the law is applicable in this regard I'll be grateful.

Thanks 🙏

The general practice is that, after getting the advance from the new tenant, the landlord will refund the amount.  At the same time Tenant wants the SD for paying to the new landlord.  The agreement must mention such laid down agreed term of time frame for refunding SD.  Both are right in their stand.  You can collect a post dated cheque with a covering letter from the landlord that the amount of the cheque represents refundable SD to be paid immediately on vacation, and as landlord is not able to pay, he is admitting the liability and issuing a post dated cheque No...............of.................Bank with dt...............with a promise to keep sufficient funds available on that date etc.,

Equity requires that the SD is refundable coterminous with the cessation of the tenancy and vacation of the premises.

Many thanks Sir for your guidance. I'll do as advised.

Just for my knowledge is there any law which is applicable to refund of leave and license security deposit ?

To my knowledge, there are no statutory law in this context. However, every contract, even in the absence of specific terms and conditions, ought to be informed by principles of equity.

Thanks once again for your guidance. 🙏