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    <title>1990 (7) TMI 381 - Supreme Court</title>
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    <description>Statutory interest became payable where acquisition compensation under the Land Acquisition Act, 1894 was not duly paid or deposited before possession was taken, because Sections 31 and 34 impose a tender-or-deposit obligation and trigger interest on default. The landowner&#039;s enforceable claim for that interest lay against the State, while any separate liability of the Trust under its arrangement with the Government was not decided. The Court also left open the issue of enhanced interest under the 1984 amendment for determination by the Executing Court, and upheld the direction to quantify the amount there.</description>
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    <pubDate>Wed, 18 Jul 1990 00:00:00 +0530</pubDate>
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      <title>1990 (7) TMI 381 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=458735</link>
      <description>Statutory interest became payable where acquisition compensation under the Land Acquisition Act, 1894 was not duly paid or deposited before possession was taken, because Sections 31 and 34 impose a tender-or-deposit obligation and trigger interest on default. The landowner&#039;s enforceable claim for that interest lay against the State, while any separate liability of the Trust under its arrangement with the Government was not decided. The Court also left open the issue of enhanced interest under the 1984 amendment for determination by the Executing Court, and upheld the direction to quantify the amount there.</description>
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      <pubDate>Wed, 18 Jul 1990 00:00:00 +0530</pubDate>
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