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1991 (11) TMI 258 - SUPREME COURT
Extract:
.......ng been continued even under new Act mere absence of preference clause in Section 81 of the new Act could not be construed as destroying the claim for renewal set in motion under the old Act. In the result this appeal succeeds and is allowed. The order passed by the High Court is set aside. Parties shall bear their own costs. T.N.A. Appeal allowed.