Dear Learned members,
There is an agreement between lessor and lessee. Lessor is the local APMC market committee. Lessee was on lease, the lease period was 11 to 55 months and meanwhil after compelting 11 months at any giving one month prior notice lease can be terminated. Lessee complied as per the agreement conditions and terminated the lease after 11 months, but now APMC is denying to refund the 50% of deposit, it has refunded only 50% saying tht in the year 2007 section is amended, but there is no clause in the lease agreement regarding condition to refund the deposit and more over the agreement is exeucted in the year 2009 . In my opinion APMC must act in accordance with the agreement of lease, now it cannot deny to refund the entire amount. So please clarify.
