Answered on November 08, 2017
An instrument creating a lease of immovable property for a term of one year and above is required compulsorily to be registered by virtue of provisions of Section 17 (d) of the Indian Registration Act. Therefore, Leave & License Agreements were being executed for a period of 11 months with the intention to avoid the stamping and registration of such agreements and treating such agreements as a Lease of the immovable property. So that the occupiers of such premises could not invoke the provisions of the said Bombay Rent Act against their eviction. Secondly in respect of Flats in a registered Co-Operative Housing Society, period of sub-letting was restricted to eleven months with the provision of extension for similar period of part thereof, as per Bye-law 45 c of the old Model By-laws.
