Stone India Ltd. & Anr vs Board Of Trustees,Port Of Calcutta & Ors

The Supreme Court upheld the High Court's decision affirming the dismissal of a writ petition challenging the increase of rent by 25% every ten years under the lease agreements governed by the Calcutta Port Trust. The Court found that the renewal clauses allowed for such increases and that the appellants' claims of arbitrariness and violation of Article 14 were unfounded. The Court held that the notifications regarding rent increase were valid and did not infringe upon the appellants' rights under the original lease terms.