THE STATE OF M.P. ETC. vs HARISHANKAR GOEL & ANR. ETC.

The Supreme Court addressed the determination of compensation under the Land Acquisition Act, 1894, specifically under Section 4(1) and Section 11. The Court held that the compensation for the acquired agricultural land should reflect its potential value for industrial use, ultimately determining it at Rs. 0.90 per sq. ft. after considering developmental charges. The appeals by the State and the claimants were adjudicated based on the evidence of market value and the land's suitability for development.