Upgrad LLM

land acquisition

Can the agricultural land acquired for Industrial development purpose and transferred over to a Industry be returned back to original owners if the land is not used for the purpose for which it was acquired or the land is excess of their requirement ? Compensation paid to owners. Land is vacant even after 30 years. Owners are ready to repay the compenstion amount along with interest. What are the applicable laws/loopholes? Concerned state is Karnataka.




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