Appropriate Government to be satisfied with regard to certain matters before initiating acquisition proceedings. (1) Whenever a Company makes an application to the appro 52 priate Government for acquisition of any land, that Government shall direct the Collector to submit a report to it on the following matters, namely: (i) that the Company has made its best endeavour to find out lands in the locality suitable for the purpose of the acquisition; (ii) that the Company has made all reasonable efforts to get such lands by negotiation with the persons interested therein on payment of reasonable price and such efforts have failed; (iii) that the land proposed to be acquired is suitable for the purpose; (iv) that the area of land proposed to be acquired is not excessive; (v) that the Company is in a position to utilise land expeditiously; and (vi) where the land proposed to be acquired is good agricultural land, that no alternative suitable site can be found so as to avoid acquisition of that land.