To protect the interest of the marginalised, The Karnataka Scheduled Caste and Scheduled Tribes (Prohibition of Transfer of Certain Lands) Act, 1978 (“PTCL Act”) was enacted. It strictly prohibited transfer of lands granted to the marginalised, without the prior approval of the Government. The PTCL Act that was given retrospective application was however silent about any specific period within which an application had to be made for the restoration of granted lands.
Please click here or refer to the below document to read the full article by Vivek K Chandy and Lakshmi Baradwaj H S published in Legal Era.
Vivek assumed office as the Joint Managing Partner of the Firm from January 2019. He has over 30 years of experience in areas of private equity, mergers and acquisitions, corporate commercial work and real estate advisory in India.