Saturday, February 15, 2014

SC okays revocation clause in Land Acquisition law

The Supreme Court (SC) uphold cancellation where acquisition amount not accepted for 5 years or more, if the dispute was in court all along, with a rider, even for old cases. The order relates to compensation under Clause 24 or the ‘retrospective’ clause for land acquired by private parties or the government. The new law — the formal name is Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. If for five years after acquisition the owners of the land refused to accept compensation, the acquisition could be set aside.

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