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2003 (7) TMI 5 - SUPREME COURTWhether the appellant-authority should have been paid the interest on the purchase price which was refunded by the respondents - purchase of the property by the authority u/c XX-C - since technically speaking the appellant was in possession of the property, while setting aside the decision of the Division Bench in so far as it did away with the grant of interest, we reduce the rate of interest from 15% to 7 ½ per cent.
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