Supreme Court of India · 2004-09-30
Special Land Acquisition Officer vs Indian Standard Metal Co. Ltd
- Court
- Supreme Court of India
- Petitioner
- Special Land Acquisition Officer
- Respondent
- Indian Standard Metal Co. Ltd
- Bench
- Arijit Pasayat, C.K. Thakker
Judgment text excerpt
The Supreme Court upheld the High Court's decision to enhance compensation for land acquired under the Land Acquisition Act, 1894, specifically referencing Section 4 and Section 6 of the Act. The Court established that the market value of the land should reflect its location and potential, affirming the High Court's award of Rs. 12.50 per square meter after deducting development charges. The appeal by the State was dismissed, confirming the enhanced compensation granted to the claimant.