Legal Question in Construction Law in India

can a registered company having powers under memorandum of association to cultivate a land,purchase the agricultural land in maharashtra,india?Does it require any prior permission from Collector?

Asked on 9/17/13, 5:26 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP


Dear Sir / Madam,

YES. The Company can purchase land for cultivation as provided in the Memorandum & Articles of Association. Only if it is collector's land, is the prior permission of the Collector required to be obtained by the seller for its sale to the Company.


Read more
Answered on 9/17/13, 10:43 am

Related Questions & Answers

More Construction Law questions and answers in India