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Hindustan Petroleum Corporation Ltd. vs. State of Rajasthan & Ors.

52.00 5.20

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Rajasthan Stamp Act, 1998–Arts. 21/33–Applicability–Execution of lease deed for the period of nineteen years–The Registrar classified the document as agreement to sale with handing over the possession and issued the demand–Sustainability–Land in question was given on a fixed monthly rent–The lease deed is to be renewed after nineteen years subject to condition that the terms and conditions of the lease deed have not been breached by the petitioner–The lessor has a right to determine the lease after giving the notice of thirty days in case of default in payment of rent–Petitioner also can move out before expiry of the currency of the lease–Further, there is a restriction on the lessor not to sell the land without giving the notice to the petitioner and disclosing the intended price–Pre-emptive right has been granted–Ownership of the land is retained by the lessor inspite of executing the lease deed–Impunged orders are liable to be quashed.