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    <title>1952 (12) TMI 41 - Supreme Court</title>
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    <description>A vesting statute that transfers only the proprietor&#039;s existing proprietary rights on the notified date does not, by itself, extinguish independent pre-existing contractual or licence rights to forest produce, timber, bamboo, lac and tendu leaves. The petitioners&#039; arrangements were treated as buyers&#039;, lessees&#039; or licensees&#039; rights under specific contracts, not proprietary rights in the estate or encumbrances within the statutory definition. Because those rights pre-dated vesting and were not shown to be voided by the Act, the State could not interfere with their enjoyment.</description>
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    <pubDate>Mon, 22 Dec 1952 00:00:00 +0530</pubDate>
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      <title>1952 (12) TMI 41 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=275832</link>
      <description>A vesting statute that transfers only the proprietor&#039;s existing proprietary rights on the notified date does not, by itself, extinguish independent pre-existing contractual or licence rights to forest produce, timber, bamboo, lac and tendu leaves. The petitioners&#039; arrangements were treated as buyers&#039;, lessees&#039; or licensees&#039; rights under specific contracts, not proprietary rights in the estate or encumbrances within the statutory definition. Because those rights pre-dated vesting and were not shown to be voided by the Act, the State could not interfere with their enjoyment.</description>
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      <pubDate>Mon, 22 Dec 1952 00:00:00 +0530</pubDate>
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