Law of Eminent Domain and New Land Acquisition Act

Abstract

At the last Phase of UPA-II the country witnessed pushing of few people centric bills in Parliament, one of which is Land Acquisition and Rehabilitation & Resettlement Bill 2011. This Bill was intended to replace a hundred years old “Land Acquisition Act 1894; as amended in 1984” with new institutional Mechanism. This has a far reaching impact on the future business of India. This article is intended to give an insight to the provisions of the Bill and Act that is going to impact the business by way of cost escalation and time over run as soon as the country take up the Land Acquisition process in the new Land Acquisition Act known as “The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013”. THE RIGHT TO FAIR COMPENSATION AND TRANSPARENCY IN LAND ACQUISITION, REHABILITATION AND RESETTLEMENT (AMENDMENT) ORDINANCE, 2014, No. 9 OF 2014 has taken few provisions out to make the process of Land Acquisition in less time has the strength of support of law in constitution only through law of eminent domain.