Standard Rent – Fixation and Powers of Court – Maharashtra Rent Control Act, 1999
- Standard rent can be fixed in respect of the premises let after 1 October 1987 under the provisions of the MRC Act.
- Courts have jurisdiction under the MRC Act to decide applications for fixation of standard rent in respect of premises let after 1 October 1987.
- Statutory fixation for determination of standard rent is not provided under Section 7(14)(b)(ii) of the MRC Act in respect of the premises let after 1 October 1987.
- Standard rent in respect of premises let during the gap period of 2 October 1987 and 30 March 2000 would be governed by provisions of Section 5(10)(b)(iii) of the Bombay Rent Act, notwithstanding deletion of tenancies created after 1 October 1987 from Section 7(14)(b) of the MRC Act.
- Since tenancy of suit premises is created during gap period of 2 October 1987 and 30 March 2000, contractual rent agreed at the time of letting of premises on 31 July 1995 would be the standard rent.
Judgment dated 8.8.2024 of the Bombay High Court in Civil Revision Application NO.372 of 2019 of Britannia Industries Ltd Vs. Maya Sunil Alagh with connected matter.