Newport ordered to vacate Malé waterfront property

Strada was ordered to pay MVR1.1 million owed as rent and fines.

26 Sep 2019, 9:00 AM
The civil court on Thursday ordered a local company to vacate its Newport View restaurant in Malé’s eastern waterfront and hand back the large plot of land to the government within 15 days.
The ruling in favour of the state came after the Attorney General’s office sought an eviction order and sued Stada Pvt Ltd to recover more than MVR1 million (US$65,000) owed as unpaid rent and fines.
The civil court upheld the cancellation of the lease agreement in March. A clause allowed termination if outstanding rent was not settled before the end of a month, the judgment noted.
Strada failed to pay monthly rent since December 1, according to the AG office. The company was ordered to pay MVR1.1 million along with accrued rent and fines within 30 days.

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