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High Court of Bombay at Goa Allows Appeal by State in Land Acquisition Case, Reduces Compensation from Rs.100 to Rs.11 per sq m. Sale deed executed after Section 4 notification and for adjoining land held not comparable for determining market value under Land Acquisition Act, 1894.

The case pertains to an appeal by the Dy. Collector & S.D.O. and the Executive Engineer against the judgment and award of the Additional District Judg...

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High Court of Bombay at Goa Allows Appeals in Land Acquisition Compensation Case — Enhances Compensation for Acquired Agricultural Land. Market value determined based on comparable sale instances and potential for development, applying multiplier method under Land Acquisition Act, 1894.

The case involves two appeals arising from a common judgment and award dated 10th September 2003 passed by the Additional District Judge, Mapusa, in L...

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Bombay High Court Allows Appeal in Land Acquisition Case — Enhances Compensation from Rs.4 to Rs.100 per sq.metre. Sale deed of comparable plot considered with deductions for development charges and location disadvantages under Land Acquisition Act, 1894.

The case involves a First Appeal under the Land Acquisition Act, 1894, arising from the acquisition of land bearing survey no.44/5 admeasuring 2400 sq...

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Bombay High Court Partially Allows Appeal in Land Acquisition Compensation Case — Enhances Compensation for Agricultural Land Acquired for Cotton Research Institute. Market Value Determined Based on Sale Deeds and Potential for Development, Applying Deduction for Large Plot Size.

The appellant, Sukhdeo Sampatrao Deulkar, owned agricultural land admeasuring 5.21 hectares in Mouza Parsodi, Nagpur, which was acquired by the State ...

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Bombay High Court Allows Insurance Appeal in Motor Accident Claim — Policy Exclusion for Non-Paid Driver Upheld. Insurer not liable for accident caused by driver not holding valid licence and not covered under policy terms.

The case involves a motor accident claim where the appellant, The Oriental Insurance Company Ltd., challenged the award of the Motor Accident Claims T...

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Supreme Court Corrects Arithmetical Errors in Land Acquisition Compensation Judgment but Refuses Recall. The Court modified compensation figures due to calculation mistakes but upheld the methodology and rejected the prayer for recall of the judgment.

The Supreme Court dealt with applications for recall of its judgment dated 11.01.2019 in Wazir and Another vs. State of Haryana, which had determined ...

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High Court of Judicature at Bombay Adjudicates Company Petition for Winding Up Over Unpaid Derivative Transaction Debts. The Petitioner Bank Claimed Rs.8.74 Crores from the Respondent Company Following Defaults on Forex Options Margin Calls Under ISDA Master Agreement.

The litigation stems from a company petition filed by HDFC Bank Ltd. under the provisions of the Companies Act, 1956 seeking winding up of Rohan Dyes ...