Extinguishment and modification of rights in an estate.

If in consequence of re-distribution of land during the course of consolidation proceedings referred to in section 3 a diminution in the original holding of an allottee results or has resulted, the ownership or rights of the allottee in the lands forming part of an estate or estates shall be extinguished and modified to that extent and he shall not be entitled to any compensation in respect of such extinguishment and modification notwithstanding anything to the contrary contained in any law for the time being in force or in any judgment, decree or order of any court.