Land Acquisition | Bombay High Court Directs Over Rs. 1.6 Crore Interest to Landowner As Compensation Not Deposited Before Taking Possession

Case: Hatim Fidaali Rajkotwala and Anr. v. Land Acquisition Officer, The Collector and District Magistrate, Mumbai City and Anr.

Coram: Justice BP Colabawalla and Justice MM Sathaye

Case No.: Writ Petition Nos. 2965 and 2966 of 2021

Court Observation: possession of the subject properties in both the above Writ Petitions was taken on 3rd February, 2020, and which is the relevant date to be considered as the date of taking possession as contemplated under Section 80 of the 2013 Act…the Petitioners would be entitled to interest @9% p.a. in the first year from the date of taking possession of the subject properties and @15% p.a. from the start of the second year till its actual payment. As mentioned earlier, the actual payment was done only on 20th October, 2022

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Keywords

Land Acquisition, Bombay High Court