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    <title>2003 (11) TMI 617 - Supreme Court</title>
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    <description>A covenant for renewal may survive a first renewal where the renewed lease expressly incorporates the earlier covenants without reservation and the instrument and surrounding circumstances show that the parties intended the renewal right to continue. The Supreme Court read the 1945 lease in that manner and treated the State&#039;s conduct and administrative recommendations as supporting a further renewal. Alleged acquisition proceedings under the Land Acquisition Act did not prevent renewal, and the claimed breach of lease conditions was not established. A right of re-entry could not defeat renewal when it had not been exercised before the renewal option was asserted.</description>
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    <pubDate>Mon, 03 Nov 2003 00:00:00 +0530</pubDate>
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      <title>2003 (11) TMI 617 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=193856</link>
      <description>A covenant for renewal may survive a first renewal where the renewed lease expressly incorporates the earlier covenants without reservation and the instrument and surrounding circumstances show that the parties intended the renewal right to continue. The Supreme Court read the 1945 lease in that manner and treated the State&#039;s conduct and administrative recommendations as supporting a further renewal. Alleged acquisition proceedings under the Land Acquisition Act did not prevent renewal, and the claimed breach of lease conditions was not established. A right of re-entry could not defeat renewal when it had not been exercised before the renewal option was asserted.</description>
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      <pubDate>Mon, 03 Nov 2003 00:00:00 +0530</pubDate>
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