Agreement to Lease Doesn't Create Leasehold Rights Without Execution

Agreement to Lease Doesn't Create Leasehold Rights Without Execution

The Delhi High Court, in a verdict authored by justices Abhay S Oka and Ujjal Bhuyan. ruled in favor of DDA. The court based its decision on a provision contained in Clause 24 of the agreement: no leasehold rights were given to M/s Mehta Constructions since the lease-deed itself had never actually been executed. It also believed that the rights obtained by S.G.G. Towers were simply those originally enjoyed by M/s Mehta Constructions, and those were actually zero.

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