Is it mandatory to give Job to Family Member of Land Owner by Private Company?

shri.nav
If a private company buys a land from nearby village residents to expand the plant ; is it mandatory to give job to their family member in the company?..If yes then please share the references.......
umakanthan53
Normally, the direct purchase of lands from nearby villages by a private company for its expansion of existing plant is a mere transfer of property under the Transfer of Property Act,1882. Therefore it is not mandatory to give employment in the company to any family member of the seller of the land.
However if the land is acquired under the provisions of the Land Acquisition, Rehabilitation and Resettlement Act,2013, sec.31 of the Act provides for employment or annuity payments to the families of both land owners and others whose livelihood is dependent on the land acquired.
RAKESH DUBEY ONLY
Kindly advise regarding how much period is mandatory of annuity payment against acquire land.
Regards
Rakesh Dubey
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute