-Land ownership issue trouble plantation companies

  • 28/03/1998

  • Indian Express (New Delhi)

Plantation companies which claimed ownership of thousands of acres in their advertisements for attracting investors are finding the going tough as many states in the country do not permit companies to hold more than 20 to 30 acres of land. With plantation companies now coming under the SEBI control and credit rating becoming mandatory, companies are facing problems in proving the ownership of the land.