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M. M. SUNDRESH, RAJESH BINDAL
Arawali Power Company – Appellant
Versus
Sat Parkash (dead) – Respondent
ORDER
1. Applications for substitution are allowed.
2. The only issue for consideration is as to the proper application of the judgment laid by this Court in tune with paragraphs 51, 52 and 54 in " Gurpreet Singh Vs. Union of India , reported in (2006) 8 SCC 457 , wherein it has held as follows:-
The judgment clarified the right of the judgment debtor to appropriate the amount deposited, even when there is a shortfall at a particular stage, and specified that the appropriation will be subject....
Government must appropriately calculate and pay interest on compensation amounts in accordance with established legal principles, prioritizing interest over principal in land acquisition cases.
Decree holders cannot re-calculate interest after the decree has been satisfied, ensuring the appropriated amounts are first allocated to interest, then to costs, and lastly to principal under the es....
The right to compensation arises on land vesting with the State, while its quantification may occur later, with interest payable until deposited.
The solatium and interest amount were held to be payable under the Act of 1953, and the solatium formed a component of the compensation itself, warranting interest. The interest on solatium was held ....
The court clarified that interim deposits in land acquisition cases must typically be applied to interest unless expressly directed otherwise.
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