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    <title>2004 (4) TMI 643 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=282605</link>
    <description>A special statute vesting leasehold rights in the Central Government and then in the Government company created a statutory right to renewal on the same terms and conditions. Because the enactment contained a non obstante clause and the transfer operated by force of law, the ordinary requirements governing transfers by act of parties under the Transfer of Property Act did not apply. The renewal provision was read purposively to preserve continuity of petroleum outlets, and the statutory fiction was given full effect. The appellant was therefore entitled to renewal of the lease, and Section 107 of the Transfer of Property Act could not defeat that right.</description>
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    <pubDate>Mon, 05 Apr 2004 00:00:00 +0530</pubDate>
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      <title>2004 (4) TMI 643 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=282605</link>
      <description>A special statute vesting leasehold rights in the Central Government and then in the Government company created a statutory right to renewal on the same terms and conditions. Because the enactment contained a non obstante clause and the transfer operated by force of law, the ordinary requirements governing transfers by act of parties under the Transfer of Property Act did not apply. The renewal provision was read purposively to preserve continuity of petroleum outlets, and the statutory fiction was given full effect. The appellant was therefore entitled to renewal of the lease, and Section 107 of the Transfer of Property Act could not defeat that right.</description>
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      <pubDate>Mon, 05 Apr 2004 00:00:00 +0530</pubDate>
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