In the Matter of Suresh Malappa Shetty Vs. Special recovery officer, 2002 SCC Online BOM 1054; (2003) 3 Mah LJ 248
A license is treated to be in permissive possession only and possession is regarded to be with the licensor always. This usually happens in the case of joint development agreement / Collaboration agreement / License agreement and it is noteworthy that a license does not create any title in favour of the licensee
