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2015 (10) TMI 412

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..... is deposited in Court, there is no liberty to pay interest in terms of the award - Held That:- Appellants shall be entitled to interest as per award from the date of award till the principal amount was deposited in the High Court - Respondent shall be entitled to the interest in terms of the award on the balance of the award amount which the appellants failed to deposit in Court – Judgement of th .....

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..... espondent, directed the Court deposit to be made as a Fixed Deposit in a nationalist bank. Ultimately, the objections were rejected on 02.06.2006 and the appeal thereon was also dismissed on 27.09.2006. Placing reliance on the decision of Himachal Pradesh Housing and Urban Development Authority and Anr. Vs. Ranjit Singh Rana reported in (2012) 4 SCC 505, it is contended by the learned counsel appe .....

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..... n the present case, we find that the amount was to be deposited in a Fixed Deposit at the request made by the respondent and it is not seen that the respondent has made any request before the High Court for withdrawal of the amount deposited as per the directions by the High Court. However, it is submitted that the appellants have not deposited the full amount in terms of the award. In the abov .....

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