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compulsory_shares_purchase_procedure_(documents_list_for_bidder)_template.docx
England and Wales
Free to use
💶 Compulsory acquisition procedure
A compulsory acquisition is a process whereby the government or a specified authority can acquire private land or property for public purposes, without the owner's consent. The authority must provide just compensation to the owner for the loss of their property. The procedure for compulsory acquisition is set out in legislation and usually requires the authority to follow a certain process, including giving notice to the owner, making an offer for the property, and applying to the court for an order if the owner does not agree to the offer.
Acquire company shares
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