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Issues: Whether the appellant established a sub-tenancy in the disputed guest house so as to claim an interest in the disclaimed property and obtain a vesting order under section 535(6) of the Companies Act, 1956.
Analysis: The lease required prior written consent of the lessor for sub-letting, and the exception for subsidiary or sister concerns did not dispense with the need for consent to the particular sub-letting. The materials relied on by the appellant did not show a specific prior written consent by the landlord for the alleged sub-tenancy, nor was notice of sub-letting shown to have been given as contemplated by the Delhi Rent Control Act, 1958. The documents produced also did not establish that the appellant was in possession or that it was a subsidiary of the company in liquidation within the meaning of section 4 of the Companies Act, 1956.
Conclusion: The appellant failed to prove any enforceable interest in the disclaimed property and was not entitled to a vesting order; the landlord's disclaimer was upheld.
Final Conclusion: The appeal failed and the order under challenge was affirmed, leaving the disclaimer in favour of the landlord undisturbed and the appellant without relief.
Ratio Decidendi: A claim to sub-tenancy cannot be sustained unless the landlord's prior written consent is shown to relate specifically to the particular sub-letting in question; a general or implied consent is insufficient.