Unless physical possession of the property declared as surplus under the old act, was taken over by the State, the proceedings taken under the old act would lapse

Krithika Conference Hire Services Private Limited rep. By its Director Vs. Government of Tamilnadu, reported in 2007-2-L.W.109 = (2007) 8 M.L.J.688, it is held as follows: “Unless physical possession of the property declared as surplus under the old act, was taken over by the State, the proceedings taken under the old act would lapse”