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    <title>2014 (1) TMI 1643 - Supreme Court</title>
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    <description>Under section 24(2) of the 2013 land acquisition law, compensation is treated as &quot;paid&quot; only when it is tendered and, if payment cannot be made under the 1894 Act scheme, deposited in court in accordance with section 31. Actual receipt by the landowner is not required, but a mere offer or tender is insufficient. A deposit in the government treasury does not amount to payment and cannot prevent lapse. The repeal provision in section 114(2) remains subject to section 24(2), so where the award was made more than five years earlier and possession or payment requirements were not satisfied, lapse operates by statutory fiction.</description>
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    <pubDate>Fri, 24 Jan 2014 00:00:00 +0530</pubDate>
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      <title>2014 (1) TMI 1643 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=170132</link>
      <description>Under section 24(2) of the 2013 land acquisition law, compensation is treated as &quot;paid&quot; only when it is tendered and, if payment cannot be made under the 1894 Act scheme, deposited in court in accordance with section 31. Actual receipt by the landowner is not required, but a mere offer or tender is insufficient. A deposit in the government treasury does not amount to payment and cannot prevent lapse. The repeal provision in section 114(2) remains subject to section 24(2), so where the award was made more than five years earlier and possession or payment requirements were not satisfied, lapse operates by statutory fiction.</description>
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      <pubDate>Fri, 24 Jan 2014 00:00:00 +0530</pubDate>
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