LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Queries Participated

jainrohit   10 February 2015 at 16:05

Does an assignment of a lease deed intra company require lease deeds

A company is a lessee for an office property. In the main lease deeds , there is a clause which mentions that the lease is between the lessor and the lessee company along with its affiliates.

If the company (lessee) assigns the leased land to its own subsidiary / affiliate , will it require registration under the Indian registration act ? What if the subsidiaries/affiliates were named in the main deed itself ?

Will there be two answers to this question based on the following scenarios