Amendment status not verified — confirm the current text below against the official source.
(1) Consequent upon the annulment of transactions and instruments under section 2, the transferee shall be entitled to be paid a reasonable compensation by the Government of 1 Telangana. (2) The amount of consideration recited in any instrument enumerated in Schedule I with interest calculated at the rate of 12 per annum shall be deemed to be the reasonable compensation within the meaning of sub-section (1).