Naik & Ors Vs. Spl. Dy. Collector, Land Acquisition (Industries), Hyderabad
 Insc 392 (19 August 2003)
Shah & Ar. Lakshmanan.
O R D
E R Heard the learned counsel for the parties.
view of the fact that the Land Acquisition Act, 1894 is a complete code by
itself providing for the rate of interest and the procedure for fixation of
market price, it cannot be said that the judgment and order passed by the High
Court awarding interest at the rate of 4 per cent for the award which was made
prior to the amendment is, in any way, illegal or erroneous. The same view is
taken by this Court in Spl. Dy. Collector v. Y. Venkahha Chowdhary (D) by LRs
& Others [1994 (1) Scale 589 and Jawajee Nagnatham v.Revenue Divisional
Officer, Adilabad, A.P. & Others [(1994) 4 SCC 595]. Hence, the appeals are
dismissed. There shall be no order as to costs.