Rent agreement

they can have,ther is join owner concept in rent agreemnt,so a company can be a joint owner in property too

regards

sripal jain

to be very specific, let me illustrate as below: there exists a leave and license agreement between M/s ABC Pvt. Ltd. and Mr. XYZ for a certain office premise since 2 years back. now another company M/s PQR Pvt. Ltd. wants to enter into a leave and license agreement with the same Mr. XYZ for exactly the same office premise. Can it do so?? The agreement has no clause of joint or co-ownership. (Both the companies have the same said premise as their registered office under the Companies Act.)

hi bhavini,

                  as per the facts i have understud from the given example,i think one cannot enter into an agreement ,as agreement itself says that there is no joint ownership

regards

sripal jain