We had leased a huge property in Mysore for commercial purpose, Karnataka, to one gentleman who unfortunately died while using this propery.
The lease agreement which came into being in 1970s was unregistered.
His relatives started using this property paying a mere Rs. 1500/- per month for decades. They started sub-leasing the area under question, much against the terms lease agreement.
There has been numerous cases filed by bith parties, which never concluded.
Last year, both parties came into an agreement in Karnataka High court (due to the insistence of the Honourable Judge FOR A FRIENDLY SETTLEMENT) that this property will be returned to the owner in next few months. All have signed and filed affidavits in the court agreeing for this settlement.
Will this agreement, duly mentioned in a high court order legally binding ? Will there be some other delaying tactics by the parties who are enjoying the property from pasr 50 years....
Can anyone throw some light on this kind of settlements ?
Regards
