Sir,
Is the 99 year lease cancellation possible on the industrial plot of HSIDC?
My father was running a business firm in which there were 3 partners (all brothers). Now the firm is closed due to heavy losses and dispute among partners. My father and 2 brothers gave the 99 year lease of an industrial plot to the 4th brother's wife who was not the partner in the joint business. The leased industrial area plot is the property of the firm in which the 3 brothers were partners and it’s registered in the name of the Firm which is now closed.
One of the three partners is now deceased and the other brother canceled his power of attorney but my father did not.
I humbly seek answer; can the 99 yr lease agreement be canceled?
Thank you.
