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october 2010

Supreme Court of India · 2010-10-22

Chimanlal Kuberdas Modi(D) By Lrs vs Gujarat Industrial Development ...

Court
Supreme Court of India
Petitioner
Chimanlal Kuberdas Modi(D) By Lrs
Respondent
Gujarat Industrial Development ...
Author
Mukundakam Sharma
Bench
Anil R. Dave, Mukundakam Sharma

Judgment text excerpt

The Supreme Court ruled that under Section 34 of the Land Acquisition Act, 1894, the appellant is entitled to interest on the solatium awarded for the compensation, as clarified in Sunder Vs. Union of India and Gurpreet Singh Vs. Union of India. The Court held that the interest should be calculated at 9% for the first year and 15% thereafter, affirming the Reference Court's decree regarding the compensation and interest. The judgment emphasized the entitlement to interest on the solatium amount as part of the compensation process.

Chimanlal Kuberdas Modi(D) By Lrs vs Gujarat Industrial Development ... · Niyam