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Regulating and purposes connected therewith

15(1) is a power to control, govern and direct by rules the grant of prospecting licences and mining leases in respect of minerals other than minor minerals and for purposes connected therewith in the case of s.

Stamp duties

revenue. With respect to very large classes of instruments, being either (1) Bonds, (2) Conveyances of Transfers, (3) Leases or Agreements for Leases, (4) Mortgages whether legal or equitable, or (5) Settlements, the Act of 1888 created

Timber

is employed, Divisional Forest Officer v. Tata Finlay Ltd., AIR 2001 SC 2672. [See also Kerala Grants and Leases (Modification of Rights) Act, 1980, s. 4] Means at common law oak, ash and elm are timber if

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Salami

of the right of the lessor by the lessee to enjoy the benefits granted to him by the lease. That general right may properly be regarded as a capital asset and the money paid to purchase it

Nullus commodum capere potset de injuria sua propria

re-entry by the lessor thereupon, even though the proviso be that the term shall cease, or that the lease shall be utterly void for all purposes, only makes the lease voidable at the option of the lessor.

Remainder

is an estate in remainder, may, as to another person, be an estate in reversion. Thus if A. leases to B. for life, with remainder to C. in fee, and C, leases to D. For life, the

Renew

Renew, in relation to grant of lease is to grant a new or to give a lease for a fresh period, AIR 1976 Mad 194

Representation

subject, De Lassalle v. Guildford, (1901) 2 KB 235 (warranty that drains were in order before taking a lease), and Heilbut, Symons & Co. v. Buckleton, (1913) AC 30. In equity, on principles which are now applicable

Run with the land-Run with the reversion

Run with the land-Run with the reversion. A covenant is said to 'run with the land,' either leased or conveyed in fee, when either the liability to perform it, or the right to take advantage of

Landlord

who for the time being is receiving or is entitled to receive the rent in respect of the leased premises. S.B. Abdul Azeez v M. Maniyappa Setty, AIR 1989 SC 553: (1988) 4 SCC 727. [Karnataka Rent

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