U.P. State Industrial Development ... vs Rishabh Ispat Ltd. And Others ...

The Supreme Court upheld the High Court's decision regarding compensation for land acquired under the Land Acquisition Act, specifically referencing Section 4(1) and Section 18. The Court affirmed the compensation rates set by the High Court, which were Rs.11/- per sq. yard for lands abutting the road and Rs.9/- per sq. yard for other lands, emphasizing the importance of location and market value in determining fair compensation. The appeals by the U.P. State Industrial Development Corporation were dismissed, thereby maintaining the enhanced compensation awarded to the landowners.