Search Results for "Comparable Sales Method"

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Supreme Court Allows Insurer's Appeal in Insurance Claim Dispute Over Depreciation Rate for Fire-Damaged Machinery. Court Holds That Insured's Failure to Reinstate Damaged Property Within Extended Time Renders Reinstatement Value Clause Inoperative, Entitling Only Market Value on Depreciation Basis.

The dispute arose from a fire accident on 12.12.1998 that destroyed the '20 Hi Cold Rolling Mill' of the insured, M/s Bhushan Steel and Strips Ltd (la...

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Bombay High Court Allows Trust to Sell Land for Temple Development Under Section 36(1)(a) of Maharashtra Public Trusts Act, 1958. Joint Charity Commissioner's Rejection Set Aside for Non-Application of Mind.

The Petitioner, a registered charitable trust under the Maharashtra Public Trusts Act, 1958, sought permission under Section 36(1)(a) of the Act to se...

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Bombay High Court Dismisses State's Writ Petition Challenging Enhanced Compensation in Land Acquisition Case. Court upholds Reference Court's award of Rs. 3,00,000 per hectare based on potential value and comparable sales under Section 18 of the Land Acquisition Act, 1894.

The State of Maharashtra filed a writ petition under Article 227 of the Constitution challenging the judgment and award dated 30th April 2014 passed b...

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Bombay High Court Dismisses Acquiring Body's Appeal in Land Acquisition Compensation Enhancement. Compensation for playground land enhanced from Rs.30 to Rs.102 per sqm based on comparable sales and location advantages under Land Acquisition Act, 1894.

The appellant, Village Panchayat of Collem, challenged the judgment and award dated 13.01.2010 passed by the Reference Court in Land Acquisition Case ...