Supreme Court · 2006 INSC 306 · Decided 8 May 2006
Board of Trustees, Port of Kolkata v. Efclon Tie-Up PVT. LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 306 · [2006] SUPP. 2 S.C.R. 95
- Case number
- CIVIL APPEAL No. 2528/2006
- Decided
- 8 May 2006
- Bench
- H.K. SEMA, AR. LAKSHMANAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Lease-Indenture of lease-Entered into by a Company and the Port Trust-It was stated in the deed that the lessee had the option of afresh lease for a further term of 30 years provided a notice stating the same was given ---';. to the Port Trust at least six months before expiration of the for such further period, provided the conditions of the lease deed were fulfilled-It was also stipulated that in the event of the Company going into liquidation or is wound up compulsorily or voluntarily, the Port Trust would reenter possession and the lease would be brought to an end-The
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