MANAGER, MATHA NAGAR SCHOOL vs GREATER COCHIN DEV. ATY.

The Supreme Court addressed the validity of a demand by the Greater Cochin Development Authority (GCDA) for Rs. 76,48,237/- from Matha Nagar School concerning land acquisition under the Land Acquisition Act. The Court held that the acquisition notification under Section 4 of the Land Acquisition Act was not binding on the land allotted to the school, affirming the Kerala High Court's decision. The Court emphasized that the provisional payment made by the school did not constitute a final sale, and the final value determination was essential before any binding obligation arose.