Sec. 48 - Authority to secretary to surrender of premises executed without common seal;

Sec. 48 - Authority to secretary to surrender of premises executed without common seal;

"RESOLVED that the lease of the premises at………….. be surrendered to the Landlord with effect from ………….. and Shri AB, the Secretary, be and is hereby authorized to collect a sum of Rs………. from the Landlord in consideration for such surrender (or pay the Landlord a sum of Rs………. as compensation for surrender of the lease before the expiry of the Lease period)."