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Union of India - Section

Section 31 in The Rail Land Development Authority (Development of Land and Other Works) Regulations, 2012

31. Termination of Lease.

(1)A lease agreement may be terminated :-
(a)by the Authority -
(i)in case of default by the lessee in fulfilling the specified obligations as provided in the Agreement; or
(ii)if the Railway Land is required by the Railway Administration for operational purposes;
(b)by the lessee in case of default by the Authority in fulfilling the specified obligations as provided in the agreement.
(2)In case of termination, the lessee shall be entitled to a termination payment as specified in the respective lease agreement and the termination payment shall be paid by the Authority in the manner specified in the lease agreement.