Board Of The Trustees, Port Of Kolkata vs Efclon Tie-Up Pvt. Ltd. & Ors

The Supreme Court upheld the High Court's decision regarding the sale of the assets of a liquidated company, affirming that the lease for the premises had expired due to non-payment of dues by the lessee, Das Reprographics, as stipulated in the lease deed. The Court emphasized that the Port Trust had the right to re-enter the premises upon the company's liquidation, as per the lease terms. The appeal was dismissed, confirming the sale to Efclon and the High Court's findings on the matter.