State Act

THE UTTAR PRADESH MUNICIPAL CORPORATION ACT, 1959

127- (1) All acquisitions of property shall be made by the Mukhya Nagar Adhikari on behalf of the [Corporation]3. (2) Wherever it is provided that the Mukhya Nagar Adhikari may acquire or wherever it is necessary or expedient for any purpose of this Act that the Mukhya Nagar Adhikari shall acquire any movable or immovable property within or without the City or any interest in such property, the same may be acquired by the Mukhya Nagar Adhikari, whether by agreement or otherwise: Provided that- (a) the Mukhya Nagar Adhikari shall be bound by any resolution of the Executive Committee fixing terms, rates or maximum prices for a -particular case or for any class of case ; (b) the sanction of the Executive Committee shall be required- (i) for the compulsory acquisition, of any property, (ii) for the exchange of any immovable property, (iii) for the-taking of any property on lease for a term exceeding twelve months, or (iv) for the acceptance of any gift or bequest of property burdened by an obligation, and (c) the sanction of the [Corporation]1 shall be required- (i) For the acceptance of acquisition of any immovable property. if the value of the property which it is, proposed to accept, acquire or give in exchange exceeds five thousand rupees, (ii) for the taking of any property on lease for a term, exceeding three years, or (iii) For the acceptance of any gift of bequest or property burdened by an obligation if the value of such property exceeds five thousand rupees.