Related Questions

A' has let out his property at Delhi to 'B' at a rent of Rs. 3000/- per month on the terms and conditions contained in a registered lease dead. The lease deed provided for arbitration of all disputes between the parties. 'B' fails to vacate the property inspite of expiry of period of lease of two years. 'A' initiates arbitral proceedings under the Arbitration and Conciliation Act, 1996 in accordance with an arbitration clause in the lease deed seeking eviction/ejectment of 'B' from the property
Consider the following statements regarding the distinction between lease and licence:
(1) A lease is a transfer of an interest in land, whereas the licence does not create any interest in land
(2) Both lessee and licence-holders can sue a trespasser in his own name
(3) A lease can be assigned but a licence cannot be assigned
(4) A lease cannot be revoked until the end of the term, but a licence, subject to certain exceptions, can be revoked
Which one of the above statements is/are correct?
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.
In view of Section 105 of the Transfer of Property Act, 1882 a lease of immovable property is a transfer of:
Under section 12 of the Transfer of Property Act, 1882 where the transfer of property is subject to conditions or limitations making interest therein to the benefit of person to lease on his becoming involved or endeavouring to transfer or dispose of property, such condition is:
In the absence of written contract, a lease of immovable property for the purpose other than the agricultural or manufacturing shall be deemed to be a lease from month to month, terminable, by 15 days' notice. The period shall commence from the
Generally, a lease of immovable property for agricultural purposes shall be a lease from
In the absence of a contract or local law or usage to the contrary, a lease of immovable property for any purpose other than agriculture or manufacturing purposes shall be deemed to be a lease
Which of the following are "immovable property" under the Transfer of Property Act?
Select the correct answer by using the below:
1. The equity of redemption
2. A hut
3. Mortgage debt
4. Right to recover maintenance allowance charged on immovable property