Legal2 Jul 2026, 06:30 pm
Harish Textile Engineers Receives Notice to Vacate Factory Premises
AI Summary
Harish Textile Engineers Ltd has received two communications from Harish Enterprise Private Limited, the licensor of one of its factory premises located in Umbergaon, Gujarat. The licensor states that the Leave and License Agreements have expired by efflux of time on June 30, 2026, and has requested the company to vacate and hand over possession within fifteen days. Failure to comply may result in legal action. The company is currently reviewing the communications with its legal advisors to determine the necessary steps.
Key Highlights
- Licensor demands vacation of factory premises due to expired agreement.
- Company has 15 days to hand over possession of the property.
- Legal advisors are reviewing the situation.
- No violation alleged; premises expiry is the reason for notice.
Price Impact
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