Lessee will be entitled to the compensation awarded for the leasehold right and also the buildings if any constructed by the Lessee in the demised ... three-storeyed house. It appears that upon taking possession of the said leasehold property, the assessee constructed several buildings thereon including a two-storeyed structure
consent of the landlords had transferred, his monthly tenancy and his leasehold interests in the said property to the Associated Batteries on 15th March ... rights in the monthly tenancy and the interests in the leasehold estate were transferable properties and were also capital assets. The Tribunal further held that
under the lease contract the assessee can raise construction on the leasehold land but that leasehold land along with the structure he has to return ... assessee as a lessee can demolish the present structure on that leasehold land and without consent of the lessor he can raise the construction
making payment of the said amount, the assessee did not acquire any leasehold and/or tenancy rights in the said property. The assessee was already ... existing lessee. The assessee in this reference was all along holding the leasehold rights in respect of the FIRPO building. At the relevant time, Laxmi
31st day of December, 1919, the goodwill of the business, the leasehold properties of the firm including the lease-hold properties with which ... assets of the firm. It was also mentioned that one of the leaseholds being assignable only with the consent of the landlords, the partners would
only a lessee thereof nevertheless, it cannot be disputed that even the leasehold interest is an asset of the company (in liquidation),
16. Mr. Talukdar ... interest in presenti in the assets of the Company (in liquidation). The leasehold interest vests in the company (in liquidation). The question whether the said
assessee executed a sub-lease in respect of a portion of its leasehold interest in favour of M/s. Surrendra Overseas Ltd., another limited company ... memorandum of association, the assessee had been utilising the leasehold as a commercial asset.
6. It was also urged before the Commissioner (Appeals) that
demand for possession of the petitioners' leasehold property from the petitioners.
2. Admittedly by a registered lease-deed dated 31st May, 1994, KMC demised ... time when the Trust was constructing a boundary wall to protect its leasehold property and thereby giving rise to a writ petition being
registered deed of transfer dated
November 11, 1987, transferred his leasehold right in the plot to Atma
Ram Saraf and Kishan Kumar Saraf. The transferees ... petitioner), executed
a gift deed of his undivided half share in the leasehold property to his
brother Gouri Shankar Saraf (respondent no.5). The said
representing the estate of Paul. On 15th February, 1921 Larmour assigned his leasehold right for the unexplred period of the 1919 lease in favour ... appellant company by which the appellant was to purchase the leasehold right of Aratoon Stephen in the premises for the balance unexplred period