14 September 2020


Search Results for Tag : Acquisition

Judgments

Balance acquired land can be used for other public purpose(05.11.2015)

The Punjab and Haryana High Court dismissed petitions that land acquired by the government for construction and maintenance of a Master Plan road, but.....

Tags : Land acquisition, marginal, balance land, public purpose

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Plea for returning acquired land on lapsed acquisition includes indirect challenge on acquisition proceedings(17.08.2015)

Noting the Appellant's plea to return acquired land, borne from an assumed lapse of acquisition, the Court stated that it would be unfair to dismiss t.....

Tags : land acquisition, lapse, award

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“Profiteering” found in HUDA-private developer transaction(13.05.2016)

An authority acquiring land under the guise of public purpose, but subsequently passing it on to a private builder amounts to acquisition for a privat.....

Tags : Land acquisition, fraud, huda, private use

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Long road to justice after unauthorised laying of road on private land(05.07.2016)

The High Court of Himachal Pradesh directed the State to compensate a land owner for unauthorised and free use of his land for laying a road.

.....

Tags : land acquisition, unauthorised, compensation, road laying

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State has no business to expropriate property, if an award made and necessary steps to complete acquisition have not been taken for a period of five years or more(09.09.2016)

In instant case, a Notification under Section 4 of Land Acquisition Act, 1894, was issued on 24th October, 1961, stating that public purpose for acqui.....

Tags : Compensation, Acquisition, Proceedings, Lapsed

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Deposit of compensation amount in government treasury is not equivalent to compensation paid to landowners/persons interested(20.12.2016)

Instant Petition by Petitioners claiming to be legal heirs of owner of land situated at Talavali village, Taluka and District Thane within municipal l.....

Tags : Acquisition, Compensation, Proceedings, Lapse

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Post-acquisition Allottee has no Locus to be Heard in the Matter and is Neither a Necessary Nor a Proper Party(21.02.2017)

Instant appeals have been preferred against judgment and order passed by High Court of Punjab and Haryana. Question for consideration is whether a pos.....

Tags : Post-acquisition, Allottee, Locus standii

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When identical lands which are situated nearby are acquired for same purpose, it would not be proper to discriminate between land owners unless there are strong reasons(21.03.2017)

Instant appeals arise out of common judgment passed by High Court of Jammu and Kashmir affirming compensation of Rs. 2,50,000/- per Kanal awarded to A.....

Tags : Acquisition, Compensation, Validity

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Courts can always apply reasonable amount of guesswork to balance equities in order to fix a just and fair market value(07.07.2017)

Present appeals are filed by land owners against final judgment and order passed by High Court of Karnataka, whereby High Court allowed appeals in par.....

Tags : Acquisition, Compensation, Re-determination, Validity

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Belting system is applicable when large pieces of land having different locations are acquired for determining market value(27.10.2017)

The landowners filed Reference Petitions under Section 18 of the Land Acquisition Act, 1894 before the Additional District Judge, praying for enhancem.....

Tags : Acquisition, Compensation, Enhancement

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Compensation should be adequate and there must be no injustice with the land owners(16.04.2018)

In facts of present case, The Government of Haryana, vide Notification under Section 4 of the Land Acquisition Act, 1894 dated 18th October, 2005 has .....

Tags : Acquisition, Compensation, Validity

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Where a statute requires a particular act to be done in a particular manner, act has to be done in that manner alone(02.04.2019)

The challenge in present petition is to a Notification dated 15th May, 2017 issued by the Ministry of Road Transport and Highways, under Section 3-A (.....

Tags : Acquisition, Notification, Validity

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Interest can start only from date, when possession is taken(21.01.2020)

Present appeal has been preferred by the Appellant-claimant aggrieved by the judgment passed by the High Court enhancing the compensation to Rs. 3,00,.....

Tags : Acquisition, Compensation, Enhancement

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Notifications & Circulars

CCI approves acquisition of 100% of issued and paid-up share capital of NEEPCO by NTPC(24.02.2020)

The Competition Commission of India (CCI) approves the acquisition of 100% of the issued and paid-up share capital of North Eastern Electric Power Cor.....

Tags : Acquisition, Approval, NEEPCO

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CCI approves acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited(07.04.2020)

The Competition Commission of India (CCI) approves the acquisition by JSW Energy Limited ("Acquirer") of GMR Kamalanga Energy Limited ("Target"), unde.....

Tags : Shareholding, Acquisition, Approval

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CCI approves acquisition by Aceso Company Pte. Ltd. (Aceso) in HealthCare Global Enterprises Limited (HCG)(15.07.2020)

The Competition Commission of India (CCI) approves acquisition by Aceso Company Pte. Ltd. (Aceso) in HealthCare Global Enterprises Limited (HCG), unde.....

Tags : Acquisition, Approval, HCG

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CCI approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited by Adani Power Limited(30.07.2020)

The Competition Commission of India (CCI) approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporatio.....

Tags : Acquisition, Share capital, OPGC

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CCI approves acquisition of shareholding in GMR Airports Limited by TUTPL, Valkyrie and Solis under Section 31(1) of Competition Act, 2002(01.10.2019)

CCI approves the acquisition of shareholding in GMR Airports Limited ("GAL") by TRIL Urban Transport Private Limited ("TUTPL"), Valkyrie Investment Pt.....

Tags : Acquisition, Shareholding, GAL

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Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2015(14.08.2015)

SEBI made amendments to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, inserting a proviso in Regulation 1(3).

Tags : sebi, amendment, acquisition of shares

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CCI approves acquisition of 4.94% shareholding in Suzuki Motor Corporation (SMC) by Toyota Motor Corporation (TMC) and the acquisition of 0.24% shareholding in TMC by SMC(26.11.2019)

The Competition Commission of India (CCI) approves acquisition of 4.94% shareholding in Suzuki Motor Corporation (SMC) by Toyota Motor Corporation (TM.....

Tags : Acquisition, Shareholding, Approval

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Cabinet approves acquisition of subsidiary banks of State Bank of India(15.02.2017)

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the acquisition by the State Bank of India of its subsidiary banks na.....

Tags : Acquisition, Subsidiary banks, Approval

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CCI looking into Cinepolis interest in DT cinemas(09.07.2016)

The Competition Commission of India is deliberating a .....

Tags : cci, acquisition, dt cinema, cinepolis, pvr

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SEBI mulls Brightline Tests for Acquisition of ‘Control’(14.03.2016)

The Securities and Exchange Board of India released a discussion paper .....

Tags : Brightline test, control, acquisition contractual

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Broadcasters to not pay TDS on acquiring broadcasting rights(29.02.2016)

The Central Board of Direct Taxes clarified that broadcasters acquiring only telecasting or broadcasting rights do not partake in a contract for 'carr.....

Tags : tds, broadcast, acquisition, production

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Revised directions for acquisition of shares and voting rights in private banks(19.11.2015)

The Reserve Bank of India issued revised guidelines requiring prior approval for acquiring share or voting rights in private sector banks. Two amendme.....

Tags : Private bank, voting rights, acquisition, fit and proper

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CCI approves acquisition of additional equity shares in Hero FinCorp Limited by Otter Limited and Link Investment Trust(11.03.2020)

The Competition Commision of India (CCI) approves acquisition of additional equity shares in Hero FinCorp Limited by Otter Limited and Link Investment.....

Tags : Acquisition Equity shares, Approval

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CCI approves proposed acquisition of C&S Electric Limited by Siemens Limited(20.08.2020)

The Competition Commission of India (CCI) approves proposed acquisition of C&S Electric Limited by Siemens Limited. The proposed combination envisages.....

Tags : Share capital, Acquisition, Approval

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News

SC: Capital Gains in Case of Compulsory Land Acquisition Accrues on Taking Possession(26.08.2020)

Supreme Court has observed that capital gains in a case of compulsory acquisition of land under Land Acquisition Act, 1894 shall be deemed to have acc.....

Tags : Supreme Court, Compulsory land Acquisition

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Bombay HC: Failure to Comply with Section 5-A Vitiates Acquisition Proceedings(08.04.2020)

Bombay High Court has reiterated that failure to comply with the provisions of Section 5-A of the Land Acquisition Act, 1894 results in vitiation of t.....

Tags : Bombay High Court, Acquisition Proceedings

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Modi Government Notifies Rules for Land Acquisition Bill 2013(21.12.2015)

Modi Government has notified rules for Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013, pass.....

Tags : Modi Government, Land Acquisition, Rehabilitation and Resettlement Act 2013

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Land Owners Affected by NH Projects to Get More(14.01.2016)

Government has decided to pay higher compensation as per the new land acquisition law to property owners, who have not yet accepted payments even if t.....

Tags : Government, land acquisition

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Karnataka HC : Landowners Will Get Benefits Under New Law(11.03.2016)

Karnataka HC has said that compensation and rehabilitation benefits will be available to land-losers as per new Land Acquisition Act of 2013 if acquis.....

Tags : Karnataka HC , Land Acquisition Act of 2013

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Madras High Court Rejects Petition Against Land Acquisition(25.09.2015)

Madras High Court has rejected petition filed by a private firm seeking relief contending that acquisition proceedings under Tamil Nadu High Ways Act .....

Tags : Madras High Court,Land Acquisition

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RBI Clears Way for Mergers and Acquisitions in Banking Industry(20.11.2015)

Reserve Bank of India (RBI) has said that it permit promoters/investors to own more than 10% if applicant meets certain conditions including if `it is.....

Tags : Reserve Bank of India, Mergers and Acquisitions in Banking Industry

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Delhi HC Seeks Lt. Governor’s Reply over Land Acquisition Notification(25.05.2016)

Delhi High Court has sought response from Lt. Governor on a petition seeking de-notification of about 80 bighas of land in north Delhi acquired by the.....

Tags : Delhi High Court , Land Acquisition Notification

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Rajasthan High Court: Act Against Officials Who Didn't Finish Land Acquisition(06.06.2016)

Rajasthan High Court has directed the Government to take action against the officials who could not complete the land acquisition process on time for .....

Tags : Rajasthan High Court, Land Acquisition

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IRDAI Issues Guidelines for Share Acquisition in Insurance Companies(08.08.2016)

Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines for acquisition of shares in listed insurance companies under wh.....

Tags : IRDAI, Guidelines for Share Acquisition

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SC Quashes Singur Land Allotment(31.08.2016)

SC has quashed Singur land acquisition by West Bengal Government in 2006, handing Tata Motors a big setback.

Tags : SC, Singur land acquisition

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Allahabad HC Sets Rs. One Crore Penalty on UP Govt.(02.09.2016)

Allahabad High Court has imposed a fine of Rs. One crore on the Samajwadi Party led- Uttar Pradesh Government in a land acquisition matter of Loni and.....

Tags : Allahabad High Court , Uttar Pradesh Government , land acquisition matter

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Supreme Court: Company Allotted Land After Acquisition Have No Locus on Relief Hike(22.02.2017)

Supreme Court has ruled that a company allotted land after acquisition by Government has no locus standi to be heard for determination of compensation.....

Tags : Supreme Court, acquisition

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Rajasthan High Court Disposes Pleas Over Land Acquisition For Airport Expansion(15.02.2017)

Rajasthan High Court has disposed of petitions challenging acquisition of land and award of compensation for expansion of Jaipur Airport at Sanganer b.....

Tags : Rajasthan High Court, Jaipur Airport, acquisition

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Bombay HC: 30 Year Old Land Acquisition by State Lapsed(15.03.2017)

Bombay High Court came down heavily on State Government over incomplete data provided to it on noise pollution levels in State.

Tags : Bombay High Court, acquisition

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Hyderabad HC Put Stay on Singareni Land Acquisition Bid(27.09.2016)

Hyderabad HC has stayed land acquisition process initiated by Government to enable Singareni Collieries set up its open-cast mine in an area of 175 ac.....

Tags : Hyderabad HC , Singareni Land Acquisition Bid

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SC Rejects Owners’ Plea over Compensation for Land Acquired by Reliance Gas(05.10.2016)

SC has dismissed appeals by more than 50 land owners of Surat alleging that Reliance Gas Transportation and Infrastructure Ltd had not adequately comp.....

Tags : SC , Reliance Gas , Surat , land acquisition

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Punjab & Haryana HC Slams AG office, Haryana for not Filing Replies in Land Acquisition Cases(20.10.2016)

Punjab and Haryana High Court came down heavily on Haryana Advocate General Office and State Government for not filing replies in a bunch of land acqu.....

Tags : Punjab and Haryana High Court, land acquisition

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Hyderabad HC Directs Telangana Government to Compensate Land Losers as per New Act(17.11.2016)

Hyderabad High Court has directed Telangana Government to pay enhanced compensation under new Land Acquisition Act to land losers at Nampally stretch .....

Tags : Hyderabad High Court, Telangana, Land Acquisition, Metro Rail Project

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Supreme Court Terms West Bengal Government’s Plea in Singur Land Acquisition Case ‘Infructuous’(28.11.2016)

Supreme Court has termed as “infructuous” appeals of West Bengal Government against Calcutta High Court order, which had in June 2012 struck down Sing.....

Tags : Supreme Court, Singur, Land Acquisition

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CCI Approves TATA Chemicals-Yara Fertilisers Deal(28.11.2016)

Competition Commission of India (CCI) has approved proposed acquisition of Urea and Customised Fertilisers business of Tata Chemicals by Norway's Yara.....

Tags : Competition Commission of India, acquisition, Tata Chemicals, Yara Fertilisers

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Allahabad HC Rejects Plea to Quash Land Acquisition Notification for Noida Underpass(14.12.2016)

Allahabad High Court has refused to quash a Land Acquisition Notification issued by State Government for construction of an underpass on bypass connec.....

Tags : Allahabad High Court, Noida Underpass , Land Acquisition

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Allahabad High Court Declares Land Acquisition by YEIDA as ‘Bad’ in Eye of Law(23.12.2016)

Allahabad High Court has declared land acquisition proceedings initiated by Yamuna Expressway Industrial Development Authority (YEIDA) in Niloli Sahpu.....

Tags : Allahabad High Court, Land Acquisition, YEIDA

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SC: Subsequent Purchasers Cannot Seek Declaration that Land Acquisition Proceedings have Lapsed(16.10.2019)

Supreme Court has ruled that subsequent purchaser of the property after issuance of notification under Section 4 of the Land Acquisition Act, 1894 can.....

Tags : SC, Land Acquisition

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Acquisition of Tenancy Right Not Eligible for Capital Gain Exemption: ITAT(01.05.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that the acquisition of the tenancy rights would not amount to purchase or construction of a new.....

Tags : ITAT, Acquisition of Tenancy Right, Capital Gain Exemption

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Supreme Court: Land Owners Not Entitled to Different Site or Flat in all Cases of Acquisition(02.07.2019)

Supreme Court has noted that there is no rule that in all cases of acquisition of the land that the owner must be given an alternative site or flat.

Tags : Supreme Court, Acquisition

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Madras High Court Declares 'Illegal' State Govt's Amendment to Centre's Land Acquisition Act(04.07.2019)

Madras High Court has declared as "illegal" an amendment made by the State Government to the Centre's Land Acquisition Act, exempting three state legi.....

Tags : Madras High Court, Land Acquisition

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Gujarat HC Rejects Over 120 Pleas Against Land Acquisition for Mumbai-Ahmedabad Bullet Train Project(20.09.2019)

Gujarat High Court has rejected over 120 petitions filed by farmers challenging the acquisition of their land for the ambitious Mumbai-Ahmedabad bulle.....

Tags : Gujarat HC, Land Acquisition

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Delhi High Court:Road Building and Widening Does not Enjoy Blanket Immunity from Land Acquisition Law(23.09.2019)

Delhi High Court has ruled that an order restraining the Municipal Corporation from utilizing a part of private land for the purpose of road widening .....

Tags : Delhi High Court, Land Acquisition

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NCLAT Sets Aside NCLT's Order for Acquisition of RICOH by Dharamshi- Jhunjhunwala Consortium(13.08.2020)

National Company Law Appellate Tribunal (NCLAT) has allowed the appeal challenging an order passed by National Company Law Tribunal (NCLT), Mumbai whi.....

Tags : National Company Law Appellate Tribunal, Acquisition of RICOH by Dharamshi- Jhunjhunwala Consortium

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ITAT, Delhi: No Income Tax on Compensation Received on Compulsory Acquisition of Agricultural Land(12.03.2020)

Income Tax Appellate Tribunal (ITAT), Delhi has held that income tax cannot be levied on the compensation or enhanced compensation received on compuls.....

Tags : Income Tax Appellate Tribunal, Compensation on Compulsory Acquisition of Agricultural Land

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Bombay HC: Land Acquisition Proceedings Cannot be Held Null and Void Because Notice Not Issued(18.02.2020)

Bombay High Court has ruled that proceedings under the Land Acquisition Act, 1894 cannot be held to be null and void simply because the notice was not.....

Tags : Bombay High Court, Land Acquisition Proceedings

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CCI Amends Merger & Acquisitions Approval Regulations(12.10.2018)

Competition Commission of India (CCI) has amended its Merger & Acquisition regulations to make it easier for corporations to secure approvals for merg.....

Tags : CCI, Merger & Acquisition Regulations

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SC Issues Notices to 5 States on Amendments in 2013 Land Acquisition Act(11.12.2018)

Supreme Court has issued a notice in a writ petition challenging certain amendments made by state governments to the Right to fair Compensation and Tr.....

Tags : Supreme Court, Amendments in 2013 Land Acquisition Act

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Civil Suit to Invalidate Land Acquisition isn’t Maintainable: SC(13.12.2018)

Supreme Court, while setting aside a Rajasthan High Court order, has reiterated that a civil suit to invalidate land acquisition is not maintainable.

Tags : Supreme Court, Land Acquisition

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Submit Details of Land Acquisition Cases: Hyderabad High Court(27.12.2017)

Hyderabad High Court has directed Governments of Telangana and Andhra Pradesh to present all details relating to cases of land acquisition and payment.....

Tags : Hyderabad High Court, Land Acquisition

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Allahabad High Court: Subsequent Purchaser has "No Locus" to Challenge Acquisition Proceedings(22.01.2018)

Allahabad High Court has said that a person who purchases a land subsequent to initiation of acquisition proceedings has no locus to challenge the sai.....

Tags : Allahabad High Court, Land Acquisition

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No Lapse of Acquisition Due to Non-deposit of Amount in Court: SC(09.02.2018)

Supreme Court has held that due to failure of deposit in court, the only consequence at the most in appropriate cases may be of a higher rate of inter.....

Tags : Supreme Court, Acquisition

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Supreme Court: No Lapse of Acquisition Due to Non Deposit of Amount(12.02.2018)

Supreme Court has held that land acquisition by a government agency could not be quashed on account of delay on the part of owners in accepting compen.....

Tags : Supreme Court, Land Acquisition

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Receipt from Compulsory Acquisition of Agricultural Land is Not Taxable: ITAT, Raipur(20.02.2018)

Raipur bench of Income Tax Appellate Tribunal (ITAT) has proclaimed that capital gain arising out of sale of agricultural land under compulsory acquis.....

Tags : Income Tax, Acquisition

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Allahabad HC: Subsequent Purchasers Have No Locus to Challenge Already-completed Acquisition(19.07.2017)

Allahabad High Court has observed that purchasers, subsequent to notifications u/s 4(1) & 6 of Land Acquisition Act, have no locus to challenge acquis.....

Tags : Allahabad High Court, Land Acquisition Act

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Supreme Court: Acquisition Of Building Alone Permissible Under Land Acquisition Act(19.09.2017)

Supreme Court has held that State can proceed to acquire only the buildings existing on land under the Land Acquisition Act, without acquiring the und.....

Tags : Supreme Court, Land Acquisition Act

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ITAT: Interest on Enhanced Compensation Recd. under LA Act Not Subject to Capital Gain Tax(28.09.2017)

Income Tax Appellate Tribunal (ITAT) has held that the interest received on enhanced compensation for land compulsorily acquired under the Land Acquis.....

Tags : Income Tax Appellate Tribunal, Capital Gain, Land Acquisition Act

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Karnataka High Court: KIAD Act Must Conform to Provisions of Centre's 2013 Land Acquisition Act(21.04.2017)

Karnataka High Court has ruled that Section 24 of Centre's Land Acquisition, Rehabilitation and Resettlement Act, 2013 that deals with compensation, w.....

Tags : Karnataka High Court, Land Acquisition, Rehabilitation and Resettlement Act, 2013

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SC: Subsequent Parties Entitled To Seek Declaration that Land Acquisition Proceedings Have Lapsed(05.05.2017)

Supreme Court has held that subsequent purchaser, assignee, successor in interest, power of attorney, etc., are all persons who are interested in comp.....

Tags : Supreme Court, Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act

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Bombay High Court : Award of Interest Obligatory Under S.34 of Land Acquisition Act(26.05.2017)

Bombay High Court has held that claimants of compensation under Land Acquisition Act can claim award of interest at any stage as payment of the same i.....

Tags : Bombay High Court , Land Acquisition Act

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Bombay HC: Claimant of Compensation under Land Acquisition Act Can Claim Interest at Any Stage(29.05.2017)

Bombay High Court has held that claimants of compensation under the Land Acquisition Act can claim award of interest at any stage as the payment of th.....

Tags : Bombay High Court, Land Acquisition Act

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Statute

Rajasthan passes several land Bills(11.04.2016)

Rajasthan’s Legislative Assembly passed a veritable torrent of Bills on land acquisition and maintenance of land records.

The Rajasthan Ur.....

Tags : Rajasthan, land acquisition, title, bills

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International Cases

Application of general law may produce a more favourable result for claimant than statutory planning assumptions(22.02.2017)

Instant appeal concerns assessment of compensation for compulsory acquisition of two parcels of grazing land, formerly owned by present Appellant (“cl.....

Tags : Acquisition, Compensation, Determination

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