Sec 10(37)
This query is : Resolved
23 October 2012
u/s 10(37) it is written that
"such transfer is by way of compulsory acquisition under any law, or a transfer the consideration for which is determined or approved by CG or RBI"
i want to know, whether there are 2 different conditions out of which any one can be fullfilled or these both condition should be together (i.e. compulsory acquisition + approved by CG/RBI).
may i also know any case law where consideration is approved by RBI/ CG.
"such transfer is by way of compulsory acquisition under any law, or a transfer the consideration for which is determined or approved by CG or RBI"
i want to know, whether there are 2 different conditions out of which any one can be fullfilled or these both condition should be together (i.e. compulsory acquisition + approved by CG/RBI).
may i also know any case law where consideration is approved by RBI/ CG.
23 October 2012
EIther one of the conditions has to be fulfilled.
Consideration is approved by RBI or CG when the land is taken over by armed forces, navy, etc.
Consideration is approved by RBI or CG when the land is taken over by armed forces, navy, etc.
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23 October 2012
okkkk. thank you sooo much
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