section 3
Payment of compensation.
The Telangana Government Property (Preservation, Protection and Resumption) Act, 2007General20075 sections
Statutory text
- (1) Consequent upon the annulment of transactions and instruments under section 2, the transferee shall be entitled to be paid a reasonable compensation by the Government of 1Telangana.
- (2) The amount of consideration recited in any instrument enumerated in Schedule I with interest calculated at the rate of 12 per annum shall be deemed to be the reasonable compensation within the meaning of sub-section (1).
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