Judgment Search Results Home > Cases Phrase: hindustan tractors limited acquisition and transfer of undertakings act 1978 section 12 accounts to be rendered by the company or any other person Year: 2016 Page 1 of about 1 results (0.123 seconds)

Kedar Nath Yadav Vs. State of West Bengal and Ors.

Court : Supreme Court of India

..... 12. on the other hand, in the case of an acquisition for a company, the compensation has to be paid by the company. in such a case there can be an agreement under section 41 for transfer of the land acquired by the government to the company on payment of the cost of acquisition, as also other matters. the agreement contemplated by section 41 is to be entered into between the company and the appropriate government only after the latter is satisfied about the purpose of the proposed acquisition, and subject to the condition precedent that the previous consent of the appropriate government has been given to the acquisition. section 6 is in terms, made subject to the provisions of part vii of the act. the declaration for acquisition for a company shall not be made unless the compensation to be awarded for the property is to be paid by a company. in the case of an acquisition for a company ..... compressors and ancillary equipment. the importance of this undertaking to a state such as the punjab which has ..... made determinations that take into account a wide variety of values and it was ..... any, of the land and on all such persons known or seem to be interested therein etc. in case the person interested resides elsewhere notice has to be sent by post to the last known address or place of business which has not been followed in the instant case. in my opinion the service of personal notice is mandatory as required under section 9(3) of the act. non-compliance of the provision would render .....