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Bombay High Court Enhances Compensation for Landowners in MSRTC Bus Depot Acquisition Relying on Prior Award. Market Value Determined Based on Prior Award in Identical Acquisition Proceedings Under Section 18 of Land Acquisition Act, 1894.

The case involved three land acquisition references under Section 18 of the Land Acquisition Act, 1894, filed by the landowners claiming enhanced comp...

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Bombay High Court Hears Writ Petition Challenging DRAT's Waiver of Pre-Deposit and Setting Aside of DRT Order Under SARFAESI Act; Auction Purchaser Disputes Complete Waiver Under Section 18 and Reversal of DRT's Dismissal of Securitisation Application.

The writ petition was filed by an auction purchaser under Article 226 of the Constitution of India, challenging two orders of the Debt Recovery Appell...

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Bombay High Court Enhances Royalty for Court Receiver's Property in License Dispute. Court modifies Receiver's order fixing royalty at Rs.45,000 per month and enhances to Rs.1,50,000 per month based on valuation report and market rates.

The plaintiff filed a chamber summons seeking modification of the Court Receiver's order dated 24 August 2010 fixing royalty at Rs.45,000 per month fo...

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High Court of Judicature at Bombay Hears Appeals for Enhancement of Land Acquisition Compensation Due to Alleged Inadequate Valuation of Land and Trees. Key Issues Involved Separate Compensation for Land Bearing Fruit-Bearing Trees and Applicability of Comparable Awards Under Land Acquisition Act, 1894.

The judgment concerned three first appeals filed by the original claimants, whose agricultural lands were acquired in 1995 for the construction of Shi...

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Supreme Court Upholds Enhanced Share Valuation, Awards Interest at 6% Pre-Decree and 9% Post-Decree in Decades-Old Dispute. Balancing Equity and Commercial Realities: SC Modifies Interest Rates in Rajasthan State Mines Share Acquisition Case

Valuation of Shares – The Supreme Court affirmed the High Court’s valuation of shares at ₹640 per share, rejecting the State’s objections. Th...