In Brief
The Indore Development Authority acquired land for a ring road and link road project under the Land Acquisition Act, 1894. After an award was made and compensation deposited, the landowner refused to accept it and filed a petition for lapse of proceedings under section 24(2) of the Right to Fair Compensation Act, 2013. The Supreme Court held that section 24(2) does not apply where compensation has been tendered and deposited; it applies only when no arrangement for payment has been made. The Court clarified that failure to deposit in court results in higher interest under section 34, not lapse of proceedings. The matter was referred to a larger bench as significant issues had not been considered in prior case law.</summary_100> </invoke>
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