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What is Lease LPCT about?

The Lease Deed is an agreement between Shri Lakshmi Public Charitable Trust as the Lessor and M/S K.M. Vyapaar Limited as the Lessee for a lease of land measuring 1900 SQM in Ayodhya for a term of 29 years and 11 months at an annual rent of Rs 1,50,000. The Lessee is responsible for taxes and other dues, while the Lessor must ensure vacant possession and that the land is free from encumbrances. The agreement includes provisions for construction, financing, and conditions for cancellation by either party if

Author

Pradeep Kumar Mishra

Language

EN