STATE OF MAHARASHTRA & ANR. vs SANT JOGINDER SINGH KISHAN SINGH & ORS.

The Supreme Court interpreted the Maharashtra Regional & Town Planning Act, 1966, particularly Section 126, which allows the State Government to make a fresh declaration for land acquisition if the initial declaration is not made within three years. The Court held that the market value for compensation should be determined as of the date of the fresh declaration, thereby relieving landowners from the hardship of compensation based on outdated market values. The judgment clarified the legislative intent behind the amendments and the implications for landowners regarding compensation.