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    <title>2004 (9) TMI 646 - GUJARAT HIGH COURT</title>
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    <description>An unregistered agreement to lease could not support a claimed 60-year leasehold term because Section 107 of the Transfer of Property Act requires a lease of immoveable property for more than one year to be created by a registered instrument. Where the agreement contemplated execution of a registered lease deed before possession but no such deed was executed, the long-term stipulation was unenforceable. The occupation therefore could not be treated as a protected long-term leasehold right and was treated as a monthly tenancy.</description>
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      <link>https://www.taxtmi.com/caselaws?id=175111</link>
      <description>An unregistered agreement to lease could not support a claimed 60-year leasehold term because Section 107 of the Transfer of Property Act requires a lease of immoveable property for more than one year to be created by a registered instrument. Where the agreement contemplated execution of a registered lease deed before possession but no such deed was executed, the long-term stipulation was unenforceable. The occupation therefore could not be treated as a protected long-term leasehold right and was treated as a monthly tenancy.</description>
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      <pubDate>Wed, 08 Sep 2004 00:00:00 +0530</pubDate>
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