BHARAT PETROLEUM CORPN.LTD. vs P. KESAVAN

The Supreme Court addressed the issue of lease renewal under the Burmah Shell (Acquisition of Undertakings in India) Act, 1976, specifically Sections 5(2) and 7(3). The Court held that while the lease could be renewed for a further period, the execution of necessary documents as per Section 107 of the Transfer of Property Act was mandatory. The appeals were dismissed, affirming the lower courts' decisions that the appellant's claim for renewal was not valid without the requisite documentation.