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State of Punjab - Section

Section 127 in Punjab Regional and Town Planning and Development Act, 1995

127. Transfer of right from original to re-constituted plot or extinction of such right.

- Any right in an original plot which in the opinion of the Arbitrator is capable of being transferred wholly or in part, without prejudice to the making of a scheme to a re-constituted plot shall be so transferred and any right in an original plot which in the opinion of the Arbitrator is not capable of being so transferred shall be extinguished :Provided that an agricultural lease shall not be transferred from an original plot to a re-constituted plot without the consent of all the parties to such lease.