Moradabad Water Supply Co. Ltd. vs Moradabad Municipal Board And Ors.

The Allahabad High Court upheld the validity of the Ordinance issued on 12th June 1975, which led to the takeover of the Moradabad Water Works operated by the appellant. The Court focused on the compensation payable under Section 224-C of the U.P. Municipalities Act, emphasizing the need for a Special Officer to determine the compensation based on the book value of fixed assets taken over, including provisions for depreciation. The Court ruled that the appellant is entitled to compensation calculated as per the statutory provisions, thereby affirming the process outlined in the Act.