Tuesday, 10 December 2013

Order of amalgamation doesn't transfer tenancy rights from transferor-company to transferee-company

CL : Where order of amalgamation wasn't served on landlord by the transferee company and landlord continued to issue rent receipts in the name of (dissolved) transferor company though he accepted rent from transferee company, no right of tenancy was created/transferred in favour of transferee company. Tenancy is a non-transferable object that could extend to others either by an explicit contract or by statute. In the instant case, there us neither any statute law to support transfer of tenancy o


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