Section 44A Restriction on transfer, etc. Section 44B Land not to be acquired under this Part except for certain purpose for private companies other than Government companies - Land Acquisition Act 1894

Restriction on transfer, etc., Land not to be acquired under this Part except for certain purpose for private companies other than Government companies Section 44A and 44B of Land Acquisition Act 1894

Restriction on transfer, etc. and Land not to be acquired under this Part except for certain purpose for private companies other than Government companies are defined under section 44A and 44B of Land Acquisition Act 1894. Provisions under these Sections are:

 

 

Section 44A of Land Acquisition Act 1894 "Restriction on transfer, etc"

No company for which any land is acquired under this Part shall be entitled to transfer the said land or any part thereof by sale, mortgage, gift, lease or otherwise except with the previous sanction of the appropriate Government.

 

Section 44B of Land Acquisition Act 1894 "Land not to be acquired under this Part except for certain purpose for private companies other than Government companies."

Notwithstanding anything contained in this Act, no land shall be acquired under this Part, except for the purpose mentioned in clause (a) of sub-section (1) of section 40, for a private company which is not a Government company.

Explanation: "Private company" and "Government company" shall have the meanings respectively assigned to them in the Companies Act, 1956 (1 of 1956).