Statement of Objects and Reasons

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..... the principles on which and the manner in which the compensation is to be determined and given shall be called in question in any court on the ground that the compensation provided by that law is not adequate. In the Bank Nationalization case (1970, 3 S.C.R. 530) = 1970 (2) TMI 130 - SUPREME COURT, the Supreme Court has held that the Constitution guarantees right to compensation, that is, the equ .....

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..... to be omitted from article 31(2) and replaced by the word "amount". It is being clarified that the said amount may be given otherwise than in cash. It is also proposed to provide that article 19(1)(f) shall not apply to any law relating to the acquisition or requisitioning of property for a public purpose. 3. The Bill further seeks to introduce a new article 31C which provides that if .....

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