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The Economic Times
The Economic Times

Merger of banks does not shield tenant from eviction under Delhi Rent Control Act: SC

In a significant verdict, the Supreme Court on Thursday held that the amalgamation of a tenant bank with another does not exempt the transferee bank from eviction under the Delhi Rent Control Act if the landlord's written consent was not obtained.

Putting an end to nearly a four-decade-long protracted legal battle, a bench comprising Justices Sanjay Karol and K Kotiswar Singh ordered the Punjab National Bank (PNB) to deliver "a peaceful and vacant possession of the tenanted premises" by January 31, 2027 at Connaught Circus here to the owner, the British Motor Car Company Ltd.

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