Hindustan Petroleum Corporation Ltd. ... vs Dolly Das on 13 April, 1999
In Hindustan Petroleum Corporation Ltd. v. Dolly Das , the Supreme Court held that under Section 5(2) of the aforesaid Act there is a right of only one renewal for a similar term on the same terms and conditions. In the present case, the earlier renewal was for ten years from 1969 to 1979. Hence the appellant herein had the right of only one renewal i.e. from 1979-1989 on the same terms and conditions in view of the aforesaid decision of the Supreme Court.