Nawabzada ABDUL QADIR KHAN vs LAND ACQUISITION COLLECTOR MARDAN S — 2023 SCMR 950 SUPREME-COURT

Case information

Citation: 2023 SCMR 950 SUPREME-COURT
Court: Supreme Court of Pakistan
Year: 2023
Reporter: SCMR
Parties: Nawabzada ABDUL QADIR KHAN vs LAND ACQUISITION COLLECTOR MARDAN S
Provisions referred to: S. 34---P; Land Acquisition Act

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

Nawabzada ABDUL QADIR KHAN VS LAND ACQUISITION COLLECTOR MARDAN S. 34---Payment of interest---Riba---Whether payment of interest under section 34 of the Land Acquisition Act, 1894 is equivalent of riba---Held, that whilst riba/usury may be predatory in nature, the interest under section 34 of the Land Acquisition Act, 1894 is beneficial in nature since it allows landowners to be compensated after the Federal or Provincial Government's unilateral exercise of eminent domain and to cover the financial loss that the landowners would invariably suffer on account of loss of use of their land/property till the time they recover compensation for the same.

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