V.Ramasubbu vs Union Of India Rep By The Secretary To ... on 1 August, 2022
Further, in Key Stone Realtors Private
Limited Vs. Anil V. Tharthare & Ors. (2020) 2 SCC 66, the Hon‟ble Apex
Court has approved the compensation of Rupees One Crore imposed by
the Tribunal on the building project. Considering the fact that the project
is envisioned to benefit the senior citizens who would have invested their
hard earned retirement benefits for getting comfortable accommodation
in the project launched by the 9th Respondent, further also considering
that the project proponent had also constructed certain bridges at his cost
and also provided certain amenities for the enjoyment of the senior
citizens and to meet their necessities, and since the overall built up are as
on date is less than 10,000 Sq.Mtrs., instead of applying the formula
evolved by the Central Pollution Control Board, we feel that fixing the
amount of Rs.3,00,00,000/- (Rupees Three Crore only) as environmental
compensation will be sufficient and that will meet the ends of justice. So,
the Project Proponent/9th Respondent is directed pay a compensation of
Rs.3,00,00,000/- (Rupees Three Crore only) to the Tamil Nadu Pollution
Control Board within a period of 3 (Three) months.