(1.) This appeal by special leave is confined solely to the question of interest. In other words, the entitlement of interest on the amount awarded by Arbitrator for the requisition of the premises under the Requisitioning and Acquisition of Immovable Property Act, 1952, is the issue. The principles upon which the compensation on this aspect is payable are by now well settled. In Satinder Singh v. Umrao Singh, (1961) 3 SCR 676 this Court reiterated the principles at page No. 694 of the SCR report as follows :
(2.) The same principle was reaffirmed not in the context of Acquisition of Immovable Property, which Mr. Mahajan, learned counsel for the respondents tried to make a point before us, was highlighted in National Insurance Co. Ltd., Calcutta v. Life Insurance Corporation of India, (1963) 2 Suppl. SCR 971 where speaking for the Court Mr. Justice Hidayatullah, as learned Chief Justice of India then has observed:
(3.) It was noted by Justice Hidayatullah that this principle has also been accepted by this Court in Satinder Singh v. Amrao Singh, (supra). The principle stated was followed in Hirachand Kothari (dead) through LRs. v. State of Rajasthan, (1985) 1 Suppl. SCR 644 where this Court noted the principle at page No. 655 of the SCR report.