Shashikant Bansal vs Gwalior Improve.Trust/Gwalior ...

The Supreme Court addressed the appeal against the Madhya Pradesh High Court's judgment regarding compensation for land acquired under the Madhya Pradesh Town Improvement Trust Act, 1960. The Court held that the High Court's deduction of 25% for development costs from the compensation rate of Rs.1.50 per square foot was unjustified, as the appellant had already developed the land. The Court emphasized that the appellant was entitled to full compensation without such deductions, thereby overturning the High Court's decision on this point.