https://www.taxtmi.com/caselaws?id=168448 The settled principle is that interest follows compulsory deprivation of property unless the governing statute clearly excludes it, because interest compensates the owner for being kept out of possession. The Supreme Court applied that rule to requisitioned premises and held that incorporation of Section 23(1) of the Land Acquisition Act, 1894 through Section 5(3) of the Requisitioning and Acquisition of Immovable Property Act, 1952 did not displace the entitlement to interest. It further noted that the compensation remained unpaid until the premises were derequisitioned and returned, and that interest was payable on the unpaid balance for the relevant period at different rates. en-us Wed, 19 Aug 1987 00:00:00 +0530 Tue, 03 Mar 2015 12:27:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168448 The settled principle is that interest follows compulsory deprivation of property unless the governing statute clearly excludes it, because interest compensates the owner for being kept out of possession. The Supreme Court applied that rule to requisitioned premises and held that incorporation of Section 23(1) of the Land Acquisition Act, 1894 through Section 5(3) of the Requisitioning and Acquisition of Immovable Property Act, 1952 did not displace the entitlement to interest. It further noted that the compensation remained unpaid until the premises were derequisitioned and returned, and that interest was payable on the unpaid balance for the relevant period at different rates. Case-Laws Indian Laws Wed, 19 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168448