Dear Experts and Members of group,
Our company is a pvt ltd company. Company owns a plot in MIDC. Directors wants to take this plot on lease for their personal use. As lease deed needs to be registered, Directors are of opinion that being the personal matter, we should enter into MOU only rather than sub-lease deed by which we can avoid the registration charges as well as other disclosures to authorities...Kindly give me an opinion in this regard.
Thanks in anticipation.
CS Ankush Lawate