JUDGMENT

1. The appellant has challenged the judgment and decree for Rs.8,93,892/- along with interest thereon @ 9% per annum passed by the learned Additional District Judge in favour of the respondent and against the appellant.

2. The appellant was the landlord and the respondent was the tenant of the property bearing no. B-529, New Friends Colony, New Delhi. For the sake of convenience, the appellant and the respondent are referred to as the “landlord” and “tenant” respectively.

3. Relevant facts 3.1. Vide registered lease deed dated 27^th April, 1998, the landlord leased out property bearing No.B-529, New Friends Colony, New Delhi (hereinafter referred to as the “suit property”) to the tenant for a period of three years with effect from 15^th April, 1998 upto 14^th April, 2001 at the monthly rent of Rs.1,85,000/- for the first two years and Rs.2,03,500/- for the third year. The tenant paid security deposit of Rs.12,21,000/- to the landlord refundable at the time of handing over of possession of the suit property.

3.2. On 26^th March, 2001, the parties extended the lease upto 30^th June, 2001. The terms of this extension are recorded in tenant‟s letter dated 26^th March, 2001, relevant por