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TypeBare Act JurisdictionCentral Government

Railways Act, 1989 Section 20M

Sharing with Landowners the Difference in Price of a Land Whentransferred for a Higher Consideration

~1 min read
https://sooperkanoon.com/act/7716

Bare act section · Research

About this section

Railways Act, 1989 Section 20M is part of Railways Act, 1989 - Sharing with Landowners the Difference in Price of a Land Whentransferred for a Higher Consideration. Read the section text below and explore Indian court judgments that cite it.

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Section Text

1[20M. Sharing with landowners the difference in price of a land when transferred for a higher consideration -

Whenever any land acquired under this Act is transferred to any person for a consideration, eighty per cent, of the difference in the acquisition cost and the consideration received, which in no case shall be less than the acquisition cost, shall be shared amongst the persons from whom the lands were acquired or their heirs, in proportion to the value at which the lands were acquired, and for the purpose, a separate fund may be maintained which shall be administered by the competent authority in such manner as may be prescribed by the Central Government.

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1. Inserted by the the Railways (Amendment) Act, 2008 w.e.f. 31st day of January, 2008.

Frequently asked questions

What does Railways Act, 1989 Section 20M provide?

Section Section 20M of the Railways Act, 1989 (Sharing with Landowners the Difference in Price of a Land Whentransferred for a Higher Consideration) is reproduced on this page as part of the Railways Act, 1989. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Railways Act, 1989 Section 20M?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Railways Act, 1989 Section 20M. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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