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Is law of pre emption inforce in India


27-May-2023 (In Civil Law)
Is law of pre emption inforce in India now,, please let me know
Answers (1)

Answer #1
683 votes
As of my knowledge cutoff in September 2021, the law of pre-emption, also known as the right of pre-emption, was recognized in India. However, please note that laws can change over time, and it's essential to consult with a lawyer or refer to the most up-to-date legal resources for accurate and current information. The right of pre-emption generally grants certain individuals or groups the right to purchase a property before it is offered to others. This right is typically triggered when the owner of the property intends to sell or transfer it. The individuals with the right of pre-emption have the opportunity to purchase the property on the same terms and conditions offered by a potential buyer. The specific provisions and applicability of the right of pre-emption can vary depending on the state or jurisdiction within India.
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