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As per Section 105 of the Transfer of Property Act, the definition of ‘Lease’ can be understood as a transfer of a right to enjoy property for a certain time or in perpetuity; in consideration of a price paid or promised or of money, a share of crop, service or any other thing of value to be rendered periodically or on specific occasion to the Lessor by the Lessee who accepts the transfer on such terms.
It is a legal document having force of law which may be referenced by courts in the event of a disagreement. The lease deed must be printed on a Non-Judicial Stamp Paper. The value of the non-judicial stamp paper or stamp duty payable on the lease agreement would depend on the State and the value of the lease payable as per the lease agreement. Lease deeds can also be registered at a Sub-Registrar Office having jurisdiction over the premises to be leased. Two copies of the lease deed are usually executed, with each party retaining one of the original copies.
By systematically managing environmental aspects and impacts, organizations can minimize their environmental footprint.
ISO 14001:2015 helps organizations identify and comply with relevant environmental legislation and regulations.
Efficient resource management and waste reduction measures can lead to cost savings for organizations.
Demonstrating a commitment to environmental sustainability can enhance an organization's reputation and stakeholder confidence.
ISO 14001:2015 certification can provide a competitive edge in the marketplace, especially when dealing with environmentally conscious consumers and clients.
ISO 14001:2015 helps organizations identify and comply with relevant environmental legislation and regulations.
Environmental Policy :Organizations are required to establish an environmental policy that outlines their commitment to compliance with applicable legal requirements and continual improvement of environmental performance.
Planning :This involves identifying environmental aspects and impacts, determining legal and other requirements, and setting environmental objectives and targets.
Implementation and Operation :Implementation includes defining roles, responsibilities, and authorities, as well as establishing communication and training procedures. Operation involves controlling documented information, operational control, and emergency preparedness and response.
Checking and Corrective Action :This component focuses on monitoring and measurement of environmental performance, evaluating compliance, and taking corrective actions when necessary.
Management Review :Regular management reviews ensure the EMS's continued suitability, adequacy, and effectiveness.
ISO 14001:2015 is an internationally recognized standard developed by the International Organization for Standardization (ISO). It provides a framework for organizations to establish, implement, maintain, and continually improve an environmental management system. The standard sets out the criteria for an effective EMS, helping organizations manage their environmental responsibilities in a systematic manner.
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