Lease renewal is a privilege and tenant must renew Lease within time: SC

Orissa Industrial Infrastructure Development Corporation V. Mesco Kalinga Steel Ltd. & Ors (Supreme Court)  Lease of industrial land from government authority – Lessee neglected to execute lease deed for years – Lease cancelled and land resumed lessee obtaining order from High court for the allotment of land. The Apex Court held that the lessee has no right to claim the leased land ,since on his own act he has defaulted in executing Lease Deed for many years.  FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER 1. Leave granted. 2. The appeals have been preferred by Orissa Industrial Infra...