Mumbai: Shahrukh Khan and Rani Mukherjee bagged the best actor and best actress award for their role in 'Swades' and 'Hum Tum' respectively in the 50th Filmfare awards presented in Mumbai on Saturday.

Rani also bagged the best actress in a supporting role for the film `Veer Zara'.

`Veer Zara', the film exploring the theme of love across borders, was adjudged the best film of the year while Kunal Kohli was conferred upon the best director award for 'Hum Tum'.

Ramesh Sippy's blockbuster film of 70s 'Sholay' was adjudged as best film in 50 years. Veteran poet and lyricist Javed Akhtar created a distinction of sorts by being nominated for five films in the best lyricist category, However, it was his lines 'Tere Liye' from the film 'Veer Zara' that clinched him the coveted gold trophy.

As the 'Lady in Black' turned gold today, the occasion was celebrated with singers, actors and celluloid stars taking a trip down memory lane, presenting the best of each decade.

Evergreen star Dev Anand won the viewers award for being best actor in five decades while Rekha was adjudged the most beautiful and talented actress in the past 50 years through an opinion poll.

Saif Ali Khan walked away with the award for best actor in a comic role for 'Hum Tum' but the nail-biting finish in the best actor in the supporting role kept audience spellbound. Abhishek Bachchan beat his superstar father Amitabh in this category to bag the award for his role in 'Yuva'.

The modest younger Bachchan, however, handed the trophy over to his father saying "I can never accept the fact that there can be anyone better than Amitabh Bachchan in any role".

The critics award for best actress went to Kareena Kapoor for 'Dev' while critics award for best actor was bagged by Pankaj Kapoor for his role in 'Maqbool'.

The Power award was bagged by Shahrukh Khan. Accepting the award, Shahrukh said that to him real power meant the capacity to stand the test of the audience and convince them about ones hard work.

The best music director award was bagged by Anu Malik for 'Main Hoon Na' and the best story award went to Aditya Chopra for 'Veer Zara'.

The best screenplay award went to Mani Ratnam for 'Yuva'.

The highlight of the occasion was when the legendery trio of Dilip Kumar, Lata Mangeshkar and Naushad (the recepients of the first Filmfare award) were honoured at the golden jubilee celebration by Maharashtra Chief Minister Vilasrao Deshmukh.