compulsory acquisition


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eminent domain

The power of the state to appropriate private property, usually for public use and with the payment of compensation to the owner.
References in periodicals archive ?
"On November 13, the National Treasury wrote back to the ministry giving the ministry the authority to spend Sh1.5 billion in the compulsory acquisition of the said land," Amina said.
Pursuant to section 979 of the Act, Sabadell are now entitled and bound to acquire the TSB Shares held by TSB Shareholders who received the Compulsory Acquisition Notices and had not validly accepted the offer on or before 20 August 2015.
"Following conclusion of investigations by the Directorate of Criminal of Investigations, the Director of Public Prosecution should prosecute any public officer or person who may be implicated or suspected as having engaged in any corrupt and illegal activities in the compulsory acquisition of the land in question," it reads.
Justice Pauline Nyamwea yesterday issued an order prohibiting the Senate Public Accounts and Investments Committee from conducting hearings into the compulsory acquisition of land hosting Ruaraka High School and Drive Inn Primary School.
Based on the outcome of Blue Canyon Holdings AB's public offer to the shareholders of Cision, and that Blue Canyon Holdings has informed about its intention to initiate compulsory acquisition of the remaining shares in Cision, Nasdaq OMX Stockholm has resolved on this new date for delisting of Cision from Nasdaq OMX Stockholm.
Now, Spike intends to commence a compulsory acquisition of the rest of the shares during the week starting 18 November and then to propose that Bridge Energy is delisted from the Oslo Stock Exchange and AIM UK.
TELECOMWORLDWIRE-16 December 2003-Telenor ASA to initiate compulsory acquisition of Utfors AB(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com
The AG told the National Assembly Lands Committee last week that his office received a letter from Kipsang' on June 29 last year, requesting for legal advise on the compulsory acquisition of the property.
Now, since Volkswagen has initiated compulsory acquisition of the remaining shares and Scania will be delisted on 5 June 2014 and will therefore not be a listed company at the time of the Annual General Meeting, Volkswagen has notified the company that it proposes that no dividend shall be paid to the shareholders of Scania for the financial year 2013.
It intends to complete a compulsory acquisition of the rest of the shares on or around 18 February and delist the Singaporean company.Country: SingaporeSector: Food/Beverages/TobaccoTarget: Asia Pacific Breweries Limited (APB)Buyer: Heineken NV, Heineken International BVVendor: Minority shareholdersType: P2PStatus: Bidding