In Brief
The Greater Mohali Area Development Authority appealed against a High Court interim order requiring deposit of Rs. 3.50 crores per acre as compensation for acquired land pending final appeals. The Supreme Court partly allowed the appeal and modified the order to require deposit of the entire awarded amount within three months, but restricted landowners' withdrawal to 50% of the sum upon furnishing security, with the remaining 50% to be invested in fixed deposits. All withdrawals were made subject to adjustment based on the final outcome of the pending appeals, balancing the interests of both parties.
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