Acquisition of immovable property by agreement.

Infrastructure616 of 442 sections available16 chapters

Chapter XVI-A THE

Statutory text

(1) Whenever it is necessary or expedient of the purposes of the 1[Brihan Mumbai Electric Supply and Transport Undertaking] that the General Manager shall acquire any immovable property, such property may be acquired by the General Manager on behalf of the corporation by agreement on such terms and at such rates or prices or at rates or prices not exceeding such maximum as shall be approved by 2[the Brihan Mumbai Electric Supply and Transport Committee] either generally for any class of cases or specially in any particular case.
(2) No contract for the acquisition of any immovable property shall be valid, if the price to be paid for such property exceeds five thousand rupees unless and until such contract has been approved by the 3[Brihan Mumbai Electric Supply and Transport Committee].

Study data processing for this section.

Some statutory text is still being prepared for this language version.

PDF: pending for this language.