NATRAJ STUDIOS (P) LTD. vs NAVRANG STUDIOS & ANR.

The Supreme Court held that a building licensed for business use qualifies as 'premises' under Sections 5(8) and 5(8A) of the 1947 Act, regardless of whether it is let as such. The Court clarified that the definitions of 'premises' and 'licensee' indicate that a building used for a specific business is still considered 'premises' under the Act. The appeal was allowed, affirming that the protective provisions of the Act apply to composite agreements involving both premises and machinery for business operations.