(1) In case the concerned
individual, institution or Proponent flails to pay the amount of compensation
within the time limit prescribed in Rule 46 , the individual or institution which is
to receive compensation, may Submit an application to the chief District Officer
within three months from the date of expiry of the said time limit, with a request to
have the amount of compensation be realized, identifying the property belonging
to such individual, institution or proponent.
(2) In case an application is received pursuant to Sub- Rule (1), the Chief
District Officer shall action the property of the individual, institution or proponent
who is to pay the amount of compensation in accordance with the existing laws,
cause to pay the amount of compensation and hand over the remaining balance to
the concerned individual, institution or proponent if he /it approaches him/her for
the same by fulfilling the formalities laid down by the existing laws.