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Harish Khanolkar   18 October 2021

Lease property of canara bank

This is just to know that what is the square feets limit of a nationalised bank on sub-lease,the lease is of 999 years,can the bank intefere or obstruct in developement of the said building where the bank is located



 4 Replies

SIVARAMAPRASAD KAPPAGANTU (Retired Manager)     19 October 2021

You have sublet the property to bank  which is under your lease.

You need to give notice and reasonable time in terms of the lease agreement between you and bank enabling  the bank to shift to alternate premises.

 

 

G.L.N. Prasad (Retired employee.)     19 October 2021

I am not aware of the purpose of posting the same query, repeated again and again.  You have on 12th Oct posted the same query and received many replies already.  Please do not misuse the forum with assumptions that you can receive further replies from some other members.  Only a local advocate that knows local laws after going through deeds and precedents can help you.  Remember you are fighting with a public sector bank with abundant money, men and machinery, and a public utility organization.  That bank says that they have purchased the property.

Harish Khanolkar   19 October 2021

Dear sir.

Thanks for your guidance,

but if the bank verbaly says that they have owned the said property than WHY the PR card has not been updated so far,why the database of BMC shows them on lease

G.L.N. Prasad (Retired employee.)     19 October 2021

You have every right to demand such information in certified copies under RTI from both the authorities to know the truth and that information is not available with members in the forum.


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