ALL INDIA TEA AND TRADING CO. LTD. THROUGH ITS DIRECTOR vs INDIAN OIL CORPORATION LTD. ORS. — MA

Case Summary: All India Tea and Trading Co. Ltd. v. Indian Oil Corporation Ltd. IOCL sought clarification of the Supreme Court's February 18, 2025 order that partially allowed the landowners' appeal, set aside a 10% development charge cut, and restored the 2001 compensation award with statutory benefits and interest. The parties disputed the interest calculation—IOCL computed Rs. 2,99,95,703/- while the Reference Court determined Rs. 7,89,76,349/-. The Court clarified that landowners are entitled to the 2001 award amount plus 30% solatium, 12% additional amount, and interest at 9% p.a. for the first year and 15% p.a. thereafter under Section 34 of the Land Acquisition Act, 1894. The Court directed IOCL to deposit the undisputed amount within four weeks, which shall be released immediately to landowners, while the Reference Court re-determines the interest component after hearing both parties. This case analysis is maintained by casestatus.in based on publicly available court records.