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2001 (10) TMI 1042 - HC - Companies LawExtract: .......the terms of the perpetual lease deed, which are not statutory in nature, are not affected by the provisions of section 32 of the SICA as they do not override an agreement. For all these reasons, we are of the opinion that the demand raised by the DDA is not hit by section 32 of the SICA. The writ petition, therefore, fails and is hereby dismissed.
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