Chapter XXIX Miscellaneous (447 - 470) Section 452- Punishment for wrongful withholding of property (1) If any officer or employee of a company” (a) wrongfully obtains possession of any property, including cash of the company; or (b) having any such property including cash in his possession, wrongfully withholds it or knowingly applies it for the… Read More
Tags: Central Government, Company, Debenture, FeedBurner, Law, property, Rupee, Share capital
The Land Acquisition Bill, which has been renamed as The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012 has a separate Chapter to protect the interests of tribals and those belonging to the Scheduled Castes. Where acquisition does take place it shall be done as a demonstrable last resort. The Bill stipulates… Read More
Tags: Alienated land, Development plan, Drug rehabilitation, Exclusive economic zone, Land law, property, Scheduled Castes and Scheduled Tribes, Scheduled Tribes
A bench of justices G S Singhvi and A K Ganguly said in a judgement that courts should view with "suspicion" the action of the government in acquiring land for private parties in the name of urgency. The Supreme Court today said the right to property is a constitutional right and government cannot deprive a… Read More
Tag: property