ABDUL AZIZ ABDUL RAZAK vs M.C. OF GREATER BOMBAY

The Supreme Court held that under Section 11(2) of the Land Acquisition Act, 1894, the Land Acquisition Officer can award interest as per the contract entered into by the parties. The Court found that the appellants had agreed to a specific interest rate of 4% per annum from the date of possession, and thus, they were not entitled to the enhanced interest rate provided by the Amendment Act 68 of 1984. Consequently, the appeal was dismissed, affirming the High Court's decision regarding the interest entitlement.