"A" gave his premises to Prism Pvt Ltd with a rent for 15 Years thriough an agreement. Condition is Rent will be raised 10% for every 5 Years. They paid regularly without any fail. But PRISM soldout their Company ATM Business to Hitachi payments after some time. Hitachi also paid without any fail upto completion of 15 Years agreement. After completion of 15 Years Hitachi is not responding to either to remove the ATM Machine from Client premises or to Pay to rent,. This is going on for the last 4 Years. Bank ( To which this ATM is working) lift their hands by saying ATM Business is not in their control and they are not responsible for Rent payment But All these ATMs will run as per RBI Guidelines and wiithout RBI permission we can not remove ATM machine from present location. This is a serious violation and crime what some of Advocates suggested. Through an RTI RBI said we have to sortout this issue with HITACHI and has to give an intimation to them. Now one or two people calling us and saying If we agree for Two months rent they can discuss with Hitachi for removal of ATM.. This is a huge loss to the client. Satrting rent it self Rs12500.00 per month. "A" has to lose Huge amount with this two months condition.
Pl. suggest how to proceed in this situation.
Warm Regards
Sankara Prasad.
