https://www.taxtmi.com/caselaws?id=108752 A licence may be inferred from the grantor's conduct where the owner permits use of land and structures for company operations, and it becomes irrevocable under the Indian Easements Act, 1882 when the licensee acts on it by making permanent improvements and incurring expenditure. On the facts, the court accepted that the company had developed the orchard, converted barracks and installed machinery and fixtures, so the appellant could not deny the licence or its binding effect. In the winding-up context, equitable directions requiring the appellant to account for and pay sums to the company were sustained under the Companies Act, 1956 because they protected the company's assets and creditors pending liquidation and claims settlement. en-us Tue, 23 Jul 2002 00:00:00 +0530 Tue, 03 Apr 2012 17:11:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108752 A licence may be inferred from the grantor's conduct where the owner permits use of land and structures for company operations, and it becomes irrevocable under the Indian Easements Act, 1882 when the licensee acts on it by making permanent improvements and incurring expenditure. On the facts, the court accepted that the company had developed the orchard, converted barracks and installed machinery and fixtures, so the appellant could not deny the licence or its binding effect. In the winding-up context, equitable directions requiring the appellant to account for and pay sums to the company were sustained under the Companies Act, 1956 because they protected the company's assets and creditors pending liquidation and claims settlement. Case-Laws Companies Law Tue, 23 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108752