Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

The Supreme Court held that the acquisition proceedings failed to comply with the statutory requirement...

The Supreme Court held that the acquisition proceedings failed to comply with the statutory requirement of paying full and final compensation to the landowners before taking possession of their land, as mandated by Section 38 of the Companies Act, 2013. The Court observed that the State of Himachal Pradesh regrettably took possession of the land before ensuring payment of compensation to the respondents, who had to approach the High Court for directions to pass a supplementary award. Additionally, Section 41 of the Land Acquisition Act, 1894, necessitates an agreement between the government and the company for whose purpose the land is acquired, ensuring payment towards the cost of acquisition by the company before the land transfer. Howeve..... .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates