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GUNASEKARAN   15 August 2016

Rental aggrement

I ENTERED AN UNREGISTERED RENTAL AGREEMENT IN THE MONTH OF APRIL 2014 FOR FIVE YEARS TO RUN AN INDUSTRY.ACTUALLY THAT BUILDING WAS UNDER MORTGAGE WITH A BANK. THE MATTER WAS SUPPERESED BY THE BUILDING OWNER. THE BANK TOOK POSSESSION UNDER SURFASI ACT,AND SEALED THE SAME IN THE MONTH OF FEB 2015. MY MACHINERIES ARE INSIDE THE BUILDING.. HOW COULD I GET THE MACHINERS, AND COMPENSATION FOR THE LOSSES FROM THE OWNER OF THE BUILDING.


Learning

 3 Replies

adv.bharat @ PUNE (Lawyer)     15 August 2016

You can file suit for specific performance against the owner.

Order him to satisfy his debts so that u get back your machinery.

 

Suri.Sravan Kumar (senior)     15 August 2016

Bharat the rental ded is unregd. How can he claim relief against the owner based on the unregd document.

BVVSN MURTHY PATNAIK (Sr.Executive)     18 August 2016

In this context may see the land mark judgement of SC  passed in the year  2014  in Harshad Govardhan Sondagar Vs International Assets Reconstruction Co.Ltd   

Murthy Patnaik

DGM-Law

HUDCO

Raipur


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