Krishna S/O Damodar Landge v. Western Coal Fields Limited, Thr. Chairman-Cum-Managing Director, Nagpur and Ors.
Case brief
What is this about?
R & R Policy 2012; monetary compensation in lieu of employment; clause 8.1(C) option by land owner; interest on compensation; Western Coal Fields Limited; land acquisition; 5% per annum interest; application dated 25.08.2015; compensation received 04.03.2017; Nagpur Bench writ petition; entitlement stems from exercise of option, not automatic.
What did the court decide?
Respondents directed to pay interest at 5% per annum on the monetary compensation in lieu of employment granted to the Petitioner, from 25.08.2015 to 04.03.2017, to be calculated and paid within four weeks; pending applications disposed of accordingly. ¶21