https://www.taxtmi.com/caselaws?id=288564 Land acquisition proceedings lapse under Section 24(2) of the 2013 Act where the award was made more than five years before commencement, physical possession was not taken, and compensation was not paid. A deposit in the Government treasury was not treated as payment in law, so the statutory conditions for lapse were satisfied and the legal fiction operated. The later amendment excluding periods covered by stay orders was held prospective and did not apply to pending proceedings. On these facts, the acquisition had lapsed and relief followed. en-us Thu, 22 Jan 2015 00:00:00 +0530 Thu, 14 Nov 2024 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288564 Land acquisition proceedings lapse under Section 24(2) of the 2013 Act where the award was made more than five years before commencement, physical possession was not taken, and compensation was not paid. A deposit in the Government treasury was not treated as payment in law, so the statutory conditions for lapse were satisfied and the legal fiction operated. The later amendment excluding periods covered by stay orders was held prospective and did not apply to pending proceedings. On these facts, the acquisition had lapsed and relief followed. Case-Laws Indian Laws Thu, 22 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288564