C. LAXMA REDDY vs LAND ACQ.OFFICER(M.R.O.),FAROOQNAGAR,A.P

The Supreme Court held that the High Court erred in modifying the compensation awarded by the Reference Court under the Land Acquisition Act, as it relied on unproven assertions regarding market value. The Court emphasized that the State failed to provide evidence to support its claim of a higher compensation rate, thus restoring the Reference Court's award of compensation. The judgment reinforces the principle that compensation must be based on credible evidence of market value as per Section 18 of the Land Acquisition Act.