Legal Question in Real Estate Law in India

A Company have 2 Schedule Caste (consortium mamber)land owners , they have acquired land area about 29 Acres in Uttar Pradesh. How the Schedule Caste land will be transferred in leding company or its subsidiary company

Asked on 7/15/13, 5:26 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

15.07.2013

Dear Sir / Madam,

Caste discrimination of any form, kind or nature is illegal and a criminal offence.

Now, the Company may have taken the two persons as independent Directors on its Board, with the intention of promoting its business of developing the 29 acres of land that the two Directors have acquired in their personal capacity in Uttar Pradesh, and assigned the land to the Company.

Regards,

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Answered on 7/15/13, 5:52 am


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