Ramchander Naik & Others vs Spl. Dy. Collector, Land Acquisition ...

The Supreme Court addressed whether a High Court's award of 4% interest on land acquisition compensation made prior to legislative amendments was legal. The Court held that since the Land Acquisition Act, 1894, is a complete code governing the fixation of market price and interest rates, the High Court's order was neither illegal nor erroneous. Consequently, the appeals were dismissed, affirming the lower court's decision.