Land acquisition: L&T has 100% shares in NPL, farmers tell HC
Farmers seeking quashing of their land acquisition notification informed the Punjab and Haryana high court that the private company Larsen and Toubro (L&T) has 100% equity shares in Nabha Power Limited (NPL).punjab Updated: Jul 10, 2012 11:02 IST
Farmers seeking quashing of their land acquisition notification informed the Punjab and Haryana high court that the private company Larsen and Toubro (L&T) has 100% equity shares in Nabha Power Limited (NPL).
The land in question was acquired by the state government for construction of railway line from Sarain Banjara to Rajpura thermal plant in Patiala
Villagers from Jeonpura in Fatehgarh Sahib district had approached the high court against the acquisition. They claimed that the state government was illegally acquiring the land to serve the interests of the private company.
The matter came up for hearing before a division bench, headed by justice Hemant Gupta, on Monday. During the arguments, advocate for the petitioners, Harpreet Singh and three others, submitted copies of a meeting of the board of directors of the NPL. The copies clarified that L&T had 100% equity shares in the NPL.
The petitioners argued that because a private firm owns 100% of shares in the NPL, it couldn't be considered a government organisation.
The state government had acquired the land for constructing around 30-km long railway line from Sarain Banjara to 2,100- mega watt thermal power plant at village Nallash near Rajpura.
The petitioners had sought quashing of the notification under section 4 of the Land Acquisition Act issued on June 13 last year, under section 6 on December 12, 2011 and the notification for issuance of award dated April 12.
The next hearing of the case will take place on July 23.