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Bombay High Court Allows Appeal in Land Acquisition Compensation Case — Enhances Compensation for Acquired Land. Market Value Determined Based on Comparable Sale Deeds and Potential for Development Under Land Acquisition Act, 1894.

The case involves a First Appeal filed by the Godawari Marathwada Irrigation Development Corporation and the State of Maharashtra against the judgment...

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Bombay High Court Partly Allows Appeal by Acquiring Body, Reduces Compensation in Land Acquisition Case. Reference Court's Enhancement from Rs.102 to Rs.1000 per sq m Set Aside; Compensation Fixed at Rs.200 per sq m Based on Comparable Sales and Development Deduction.

The case involves an appeal by the Cuncolim Municipal Council against the judgment and award of the Reference Court in Land Acquisition Case No.27/201...

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Bombay High Court Allows State's Appeal in Land Acquisition Case, Reduces Compensation for Agricultural Land. Court Determines Market Value Based on Potential for Horticulture and Nearby Sale Instances, Applying Deductions for Development.

The case pertains to an appeal by the State of Maharashtra and a cross objection by the claimants (legal heirs of the original landowner) against the ...

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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...