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Is a leave and license agreement with a bank, PSU, Corporation companies exempt from registration?

April 26, 2017Agreement Bank companies corporation exempt leave license PSU registration

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Is a leave and license agreement with a bank, PSU, Corporation companies exempt from registration?

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A.Section 3 of the Maharashtra Rent Act exempts certain categories of persons. According to that section any premises let or sublet to a bank or any public sector undertaking or a limited company having paid up share capital of one. crore and more is outside the purview of the Maharashtra Rent Control Act.