Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Jammu-Kashmir - Section

Section 14C in The Jammu and Kashmir State Evacuees' (Administration of Property) Act, 2006

14C. Compensation for the land redeemed.

(1)Any property, mortgaged with an evacuee and declared as evacuee property, alloted to a displaced person under valid orders, but redeemed by the mortgagor under any law for the time being in force, shall continue to remain in possession with such person on the same conditions on which he held it before the date of redemption.
(2)Where any property mentioned in sub-section (1) is redeemed by the owner (mortgagor) thereof, it shall be lawful for the Government notwithstanding anything in this Act, to-
(a)transfer to the owner, in lieu of the property, any immovable property belonging to the Government having the same value; or
(b)acquire such property by publishing a notification in the Government Gazette to the effect that the Government has decided to acquire such land in pursuance of this section.
(2)The provisions of section 14-B of this Act shall apply mutatis mutandis in relation to payment of compensation and interest thereon.] [Section 14-B, 14-C inserted by Act XIX of 1987, section 5.]Chapter-III Certain Consequences of Property Vesting in Custodian