is legal entity of lease land change having partnership firm of 4 partner as original lessee after that partnership firm converted into pvt ltd company having same 4 original lessee partner as a 4 director in that pvt ltd company
vivek K Singh (manager) 26 March 2012
is legal entity of lease land change having partnership firm of 4 partner as original lessee after that partnership firm converted into pvt ltd company having same 4 original lessee partner as a 4 director in that pvt ltd company
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 27 March 2012
The formation of business entity is not important. But the lessees are important for every lease. There are three essential elements in every lease, namely (a) Right to enjoy the property, (b) Term or duration of Lease, and (c) Consideration called 'rent or premium'