T.S.THAKUR
G. M. ENTERPRISES PVT LTD – Appellant
Versus
SEM TIAN EXPORTS AND HOTELS PVT. LTD. – Respondent
( 2 ) IN terms of lease agreement dated 28th May, 1999 executed between the parties, the plaintiff company let out the suit premises comprising basement, ground floor and mezzanine floor of a commercial building situate in the Masjid Moth area of new Delhi. The lease deed purported to create a lease initially for a period of three years commencing from Ist June, 1999 and gave to the lessee the option of renewal for two further terms of three years each subject to its fulfilling the terms stipulated for such renewals. The plaintiff s case is that the defendant lessee did not exercise the option of renewal of the lease inasmuch as the lessee did not comply with the conditions stipulated for such renewal in particular the lessee did not, according to the plaintiff, give to the latter, a notice in writing expressing its desire to avail of the option to renew the lease. It did not even pay the
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.