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Is a leave and license agreement exempt from registration under any circumstances?

April 26, 2017Agreement circumstances exempt leave license registration

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Is a leave and license agreement exempt from registration under any circumstances?

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According to Section 3 of the Maharashtra Rent Control Act, 1999, any premises let or sublet to a bank or public sector undertaking or a limited company with a paid up capital of at least rupees one crore is outside the purview of the Maharashtra Rent Control Act.