1. The plaintiff who is the owner of the house “Riversdale”, Higgins Road, Ootcamund situated on a land with an extent of 23 cents, and with plinth area of 4000 sq. ft. has filed this suit for recovery of Rs. 1,87,500/- by way of damages from the defendant-Indian Bank, a body Corporate which has been impleaded thrice as being represented by its Branch, Manager Ooty, the Regional Manager, Coimbatore and the Assistant General Manager (Premises Department) Madras. Damages claimed are for the “discontinuance of the tenancy in violation and contravention of the solemn covenant of the lease for a fixed period”. The plaintiff has also claimed interest on the said sum and costs of the suit.

2. The plaint averments are that the plaintiff was approached by the defendant for the lease of the plaintiffs building to the defendant for its use as ‘holiday home’ for its employees and that after discussions with the General Manager of the Bank, it was agreed that there will be a lease of the building to the defendant “for a certain period of five years with an option for renewal for two years with 10% increase in rent”. The amount to be paid each month was Rs. 7500/- out of which Rs. 300