Shekhar Pathare (Managing Trustee) 19 April 2022

L & l with ltd co beyond 5 years becomes tenancy?

Maharashtra Rent Control Act, 1999 does not apply to Ltd or Pvt Ltd companies. Would L & L more than 5 years amount to tenancy?

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The Maharashtra Rent Control Act, 1999, does not cover Ltd or Pvt Ltd companies. However, any occupation lasting over 11 months requires a registered lease agreement for legal protection. Agreements for limited companies exceeding five years may be considered tenancy, governed by the relevant State Rent Control Act or the Transfer of Properties Act.

2 Replies

G.L.N. Prasad (Retired employee.) 20 April 2022

Every occupation for more than 11 months should be only through a lease agreement only and that lease agreement must be registered to get protection under the law by both lessor and lessee.