[Resolved]  Hindustan Petroleum Corporation Limited — De-Leasing of TKD Land & Payment of Land Rent Arrears till date with 9% Simple Interest

The Land Lease Agreement of TKD Sawantwadi with HPCL has expired on[protected] and Seven 07 years Seven 07 months have passed till date but the said land has not yet been De-Leased and also the Land Rent for the said period also has not been paid till date.

The said Site was visited by your HPCL-Vasco Officers in the year 2013, as well as Land Valuer Mr. Gupta was also deputed TWICE to Sawantwadi TKD Site for preparation of Valuation Report of the ASSETS available and other details of Site in the years 2012 and 2013 respectively.

WHY is the delay in DE-LEASING the Sawantwadi TKD Land and releasing the payments of ARREARS OF LAND RENT TILL DATE with 9% INTEREST?

WHAT is the DEADLINE DATE for DE-LEASING Sawantwadi TKD LAND and LAND RENT ARREARS payments with 9% INTEREST?

I expect that this matter should be resolved on WAR-FOOTING basis and finalised before 30th JUNE-2014. Otherwise it will taken as/considered that HPCL has NO-CLAIM/INTEREST of any sort and has AUTOMATICALLY surrendered the said property to the Landowner on closing of working hours on 30th JUNE-2014 for above given reasons of delay of De-leasing TKD Sawantwadi Land on[protected] and non-payment of Land Rent with Simple Interest of 9% from the said period till date.

Imtiyaz Hussain Khan
Sawantwadi.