Arbitration Appointed Despite Lease Expiry Due to Continuing Possession: Calcutta HC

G.E.T. Properties Private Limited Vs Union of India (Calcutta High Court) The application before the Calcutta High Court sought appointment of a sole arbitrator to adjudicate disputes arising out of a lease arrangement between the parties. The respondent came into possession of the property under a lease deed executed on 18 March 2016, though the lease was deemed to have commenced from 16 March 2006 and continued until 15 March 2011, with an option for extension. The execution of the lease deed in 2016 with retrospective effect indicated that past possession had been regularised and the lease...