SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

1996 Supreme(Del) 343

M.K.SHARMA, M.JAGANNADHA RAO
AIR INDIA – Appellant
Versus
ATMA RAM PROPERTIES PRIVATE LIMITED – Respondent


M. Jagannadha Rao, C. J.

( 1 ) THE appellant,air India, entered into an agreement with the respondent company on 1. 11. 1989 in respect of occupation of the premises called "scindia House" as a tenant for 5 years, subject to renewal for a further period of 5 years. The agreement was not registered nor was any regular lease deed executed. Under the agreement, the appellant had to pay a monthly rental of Rs. 3,54,321. 00 and also an advance of Rs. 80,93,000. 00 and the advance was repayable by the owners in 60 instalments (spread over 5 years) at Rs. l,34,898. 00 per month. In other words, the appellant-defendant would pay the landlord Rs. 3,54,321. 00 per month, while the respondent would return back Rs. l,34,898. 00 per month. Clause 4 of the agreement stated that the tenanted premises should be of top quality construction, which shall be carried out and completed at the cost of the owners and the said renovation and reconstruction should be completed within 3 months of the starting of the job. For the aforesaid purpose, the appellant would vacate the premises or a part thereof temporarily to enable the owners to start the work and also would pay 2 years advance rent. In no case, t

























































Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top