Ram Bharosey Lal Gupta(D) By Lr. & Ors vs M/S Hindustan Petroleum Corp.Ld.& Anr

The Supreme Court addressed the validity of a lease agreement under the Transfer of Property Act, specifically Sections 106 and 111(g), in the context of a dispute between property owners and a successor lessee, Hindustan Petroleum Corporation Ltd. The Court held that the notice for termination of tenancy issued by the appellants was valid and effective, as the lessee failed to respond or comply with the demand for possession. Consequently, the Court set aside the High Court's judgment that had favored the lessee, affirming the appellants' right to reclaim possession of the property.