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Showing contexts for: assignment subcontract in M/S. Tamil Nadu Tourism Developoment vs The Deputy Commissioner Of Income Tax on 2 September, 2014Matching Fragments
21. On the expiry of the Franchise, the Franchisee shall hand over all articles which were entrusted to him in good condition.
22. Encumbrance of Property: The franchisee shall not encumber the Franchised properties by way of pledge, hypothecation, mortgage, charge, lien, lease, leave and license or in any other manner.
23. Sublease of Property: The tenderer shall not assign, transfer, pledge or subcontract / sublease the operation and maintenance of the Hotel.
In case of sublease or any other kind of encumbrance of the franchised property by way of pledge ,hypothecation, mortgage, charge, lieu by the franchisee for which no prior notice will be issued by TTDC.