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State of West Bengal - Section

Section 8 in The Basumati Private Limited (Acquisition Of Undertaking) Act, 1974

8. Amount to be paid for vesting of the properties. -

For the vesting of the properties of the undertaking in the State Government under section 3, there shall be paid by the State Government to the owners of such properties and to the persons having any interest therein an amount of rupees two lakhs and sixty thousand.