Supreme Court of India · 2004-08-05
OM PRAKASH (D) BY LRS. vs UNION OF INDIA
- Citation / case number
- SC 2002/1960
- Court
- Supreme Court of India
- Petitioner
- OM PRAKASH (D) BY LRS.
- Respondent
- UNION OF INDIA
- Bench
- SHIVARAJ V. PATIL & B. N. SRIKRISHNA.
Judgment text excerpt
The Supreme Court upheld the High Court's determination of compensation for land acquired under the Land Acquisition Act, 1894, specifically referencing Sections 4, 6, 18, 22, and 23. The Court affirmed the High Court's assessment of the market value at Rs. 82,255 per bigha, along with a solatium of 30% and interest rates of 9% and 15% as prescribed. The judgment reinforced the principle that compensation must reflect the market value at the time of acquisition, ensuring fair compensation for landowners.