KERALA STATE HOUSING BOARD vs KERALA STATE HOUSING BRD.,NHCA ASSN.&ORS

The Supreme Court upheld the Kerala High Court's decision regarding the entitlement of the Kerala State Housing Board to claim interest on the differential amount of compensation under the Land Acquisition Act, 1894. The Court emphasized that the Board's failure to serve individual account statements to the allottees in a timely manner precluded it from claiming interest from 1997 until the statements were served. The Court affirmed the High Court's ruling that the Board's lethargy in processing the claims negated its right to interest during that period, thereby reinforcing the principles of fair administrative action under Section 18 of the Land Acquisition Act, 1894.