hello every one
One of my freinds is in super market business in hyderabad.The following is the query
They had entered into a agreement las year for a new premises @ 8 lakh per month with 15% hike for every 3 years and 15 years agreement renewable every 5 years.
The Land lord has not yet completed the works like electric supply and is asking for start of rent
The tenant has already deposited a sum of Rs.40 lakh out of 50 lakh agreed deposit.
Incase tenant doesnt want to continue with agremeent and leave th premises What remedies he has for recovery of amount