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Surrender under section 115 of the Transfer of Property Act, 1882 being a voluntary act, the principle applies that the lessee cannot derogate from his own grant and by surrender to the lessor, destroy the rights that he has created in the sub-lessee, the surrender, therefore operates as a grant, subject to:

Surrender under section 115 of the Transfer of Property Act, 1882 being a voluntary act, the principle applies that the lessee cannot derogate from his own grant and by surrender to the lessor, destroy the rights that he has created in the sub-lessee, the surrender, therefore operates as a grant, subject to: Correct Answer Right of sub-lessee

Related Questions

Which of the following statements is/are true ? (i) Tax-shield on depreciation and interest is an important variable both for the lessor and the lessee. (ii) Lease transactions in India are governed by the Lease Act. (iii) A lessee should evaluate the lease options against the buying option. (iv) As per AS - 19, financial lease is shown in the balance sheet of the lessee as an asset. Choose the correct answer from the code given below : 
Which of the following statement is/are true?
1. Tax shield on depreciation and interest is an important variable both for the lessor and the lessee.
2. Lease transactions in India are governed by the lease act.
3. A lessee should evaluate the lease options against the buying option.
4. As per AS-19, financial lease is shown in the balance sheet of the lessee as an asset.
Which of the following statements is/are true?
i. Tax-shield on depreciation and interest is an important variable both for the lessor and the lessee.
ii. Lease transactions in India are governed by the Lease Act.
iii. A lessee should evaluate the lease options against the buying option.
iv. As per AS-19, financial lease is shown in the balance sheet of the lessee as an asset.
Within the meaning of section 108 of the Transfer of Property Act, 1882 both the lessor and lessee possess the rights along with liabilities. The statement is:
In a group of 450 students, 22% of the total students take the Hindi subject, 34% of the total students take the Physics subject, and 26% of the total students take the Social Science subject. 8% of the total students have taken both Hindi and Physics subject only. Out of the total students in the Hindi subject, 1/3 have taken both Hindi and Social Science subject only. Out of the total students in the Physics subject, 1/3 have taken both Physics and Social Science subject only. Only 20 students take all the three subjects. Find the number of students who have not taken any subject.  
Anjum is counting his last days, he keeps half his property for his wife and divides the rest equally among his three sons: Bimar, Cumar and Danger. Some years later, Bimar dies, leaving half his property to his widow and half to his brothers, Cumar and Danger together, sharing equally. When Cumar makes his will, he keeps half his property for his widow and the rest he bequeaths to his younger brother Danger. When Danger dies some years later, he keeps half his property for his widow and the remaining for his mother. The mother now has Rs. 1575000. What was the worth of the total property?
Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.
True, It is the function of the army to maintain law and order in abnormal times. But in normal times there is another force that compels citizens to obey the laws and to act with due regard to the rights of others. The force also protects the lives and the properties of law abiding men. Laws are made to secure the personal safety of its subjects and to prevent murder and crimes of violence. They are made to secure the property of the citizens against theft and damage to protect the rights of communities and castes to carry out their customs and ceremonies, so long as they do not conflict with the rights of others. Now the good citizen, of his own free will obey these laws and he takes care that everything he does is done with due regard to the rights and well-being of others. But the bad citizen is only restrained from breaking these laws by fear of the consequence of his actions. And the necessary steps to compel the bad citizen to act as a good citizen are taken by this force. The supreme control of law and order in a State is in the hands of a Minister who is responsible to the State Assembly and acts through the Inspector General of Police.
"They are made to secure the property of citizens against theft and damage" means that the law:
Captain Jack Sparrow, on his death bed, keeps half his property for this wife and divides the rest equally among his three sons: Barbossa, Will Turner and Dave. Some years later, Barbossa dies leaving half his property to his widow and half to his brothers Will Turner and Dave together, sharing equally. When Will Turner makes his will, he keeps half his property for his widow and the rest he bequeaths to his younger brother Dave. When Dave dies some years later, he keeps half his property for his widow and the remaining for his mother. The mother now has Rs. 1,575,000.What was the worth of the total property?
Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.
True, It is the function of the army to maintain law and order in abnormal times. But in normal times there is another force that compels citizens to obey the laws and to act with due regard to the rights of others. The force also protects the lives and the properties of law abiding men. Laws are made to secure the personal safety of its subjects and to prevent murder and crimes of violence. They are made to secure the property of the citizens against theft and damage to protect the rights of communities and castes to carry out their customs and ceremonies, so long as they do not conflict with the rights of others. Now the good citizen, of his own free will obey these laws and he takes care that everything he does is done with due regard to the rights and well-being of others. But the bad citizen is only restrained from breaking these laws by fear of the consequence of his actions. And the necessary steps to compel the bad citizen to act as a good citizen are taken by this force. The supreme control of law and order in a State is in the hands of a Minister who is responsible to the State Assembly and acts through the Inspector General of Police.
The expression 'customs and ceremonies' means:
In which Section of the Transfer of Property Act the provisions regarding rights and liabilities of lessor and lessee are provided?