Search Results for "Potential Value"

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Supreme Court Enhances Compensation for Land Owners in Land Acquisition Case Under Land Acquisition Act, 1894. Court Applied Cumulative Rate of Annual Increase and Reduced Development Cut, Determining Market Value Based on Highest Bona Fide Exemplar Sale Deed from 1979.

The dispute arose from the acquisition of land measuring 297 Kanals and 1 Marla in Jassi Pau Wali, Bhatinda, Punjab, for establishing the Bhatinda Int...

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Supreme Court Holds Contemnors Guilty for Breach of Undertakings in Enforcement of Foreign Arbitral Award. Repeated assurances to court regarding protection of assets were violated by transferring shares, constituting civil contempt under Article 129 of the Constitution.

The case arises from a dispute between Daiichi Sankyo Company Limited (the petitioner) and the respondents in Special Leave Petition (Civil) No.20417 ...

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Bombay High Court Allows Appeal in Land Acquisition Case — Compensation Enhanced from Rs. 40,000 to Rs. 1,00,000 per Hectare. Irrigated Land with Development Potential Justifies Higher Market Value Under Section 23 of Land Acquisition Act, 1894.

The appellant, Fatimabegum, owned agricultural land in Gondwakadi, Yavatmal, comprising Gat No.79 (4.64 hectares) and Gat No.53 (4.46 hectares). The l...

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Bombay High Court Allows Appeal in Land Acquisition Case — Reduces Compensation from Rs.15 to Rs.9 per sq. metre. Reference Court erred in relying on an award for different land without considering potential and location differences.

The case pertains to an appeal filed by the Special Land Acquisition Officer and the Chief Engineer of Konkan Railway Corporation Limited against the ...