Patta No. 263 situated at Betkuchi village under Beltola Mauza in the district of Kamrup (M). The petitioner claims that after purchase of the said plot of land, the same was developed by investing huge amount by taking money on loan from Bank with the said property as collateral security. In the year 2013, the aforesaid land was acquired under the provision of the Land Acquisition Act, 1894 for the purpose of construction of Petroleum Storage Terminal of the IOC and the acquisition is required for the safety and security of the entire area as the product in question is hazardous. However, it is the case of the petitioner that no effective steps were taken for payment of any compensation and the authorities are contemplating to determine the compensation in terms of the Land Acquisition Act, 1894 whereas according to the petitioner, the compensation should be under the Land Acquisition, Rehabilitation and Resettlement Act, 2013. As indicated above, the two petitioners in the second petition have land contiguous to the land of the petitioner in the first case and have their ingress and egress to their land through the plot of the subject land and therefore, they claim to be adversely affected by the aforesaid acquisition proceedings.
