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[Cites 0, Cited by 0] [Section 143] [Entire Act]

State of Manipur - Subsection

Section 143(1) in Manipur Land Revenue and Land Reforms Act, 1960

(1)Where any excess land of a landowner vests in the Government, there shall be paid by the Government to the landowner compensation, subject to the provisions of sub-section (2), of an amount equal to twenty times the net annual income from such land.Explanation. - For the purposes of sub-section (1), the net annual income from any land shall be deemed to be one-fifth of the value of the average yearly gross produce of the land, calculated in such manner as may be prescribed.