Case Law Analysis
|Karnataka High Court
KIAD Act, Section 30 | 9% Interest on Package Compensation Accrues from Date of Possession Even Under Consensual Agreement : Karnataka HC
Landowners under the KIAD Act are entitled to statutory interest at 9% from the moment physical possession is taken, regardless of whether compensation was agreed upon voluntarily. This ruling closes a loophole used by authorities to deny interest in consensual settlements, reinforcing that statutory entitlements cannot be waived by private agreement.