RISHI KIRAN LOGISTICS P.LTD. vs BOARD OF TRUS. OF KANDLA PORT TRUST&ORS

The Supreme Court ruled that the Kandla Port Trust's delay in issuing the formal letter of allotment due to pending Coastal Regulation Zone (CRZ) clearance did not invalidate the lease agreement with Rishi Kiran Logistics Pvt. Ltd. The Court emphasized that the Port Trust was obligated to secure CRZ clearance but the responsibility for obtaining other necessary clearances rested with the lessee. The Court held that the appellant's rights were not extinguished by the delay and directed the Port Trust to proceed with the allotment process, thereby affirming the validity of the lease agreement.