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[Cites 0, Cited by 0] [Section 4B] [Entire Act]

State of Punjab - Subsection

Section 4B(9) in Punjab Package Deal Properties (Disposal) Rules, 1976

(9)If the displaced person or his successor(s)-in-interest or bona fide vendee(s), as the case may be, does not opt for purchase of such within the period specified in sub-rule (3) or is otherwise not eligible to purchase the same in accordance with the provisions of sub-rule (2) of rule 3, such land may be disposed of by way of public auction or by allotment to displaced landholders or persons mentioned in rule 4 or by negotiation to any Government Department, Semi- Government Department, Co-operative Society, Corporate Body, Public Institution or any local authority for a public purpose.