In this article, we will discuss the right of preemption, read about a few example clauses and understand its inference as has been laid down in section 8 of the West Bengal land reforms Act, 1955.
Table of Contents
What is Pre-emption?
In the context of corporate law, pre-emption is a right made available to the existing shareholders to buy future issues of the company before it is offered for sale in the open market. It is also synonymous with the right to first refusal.
What is Pre-emption in regard to land law?
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The right of Pre-emption and Its Constitutional Validity
Passionate about using the law to make a difference in people’s lives. An Advocate by profession.
