Kolkata Metropolitan Devt.Authority vs Gobinda Chandra Makal & Anr

The Supreme Court addressed the compensation determination for land acquisition under the West Bengal Land (Requisition & Acquisition) Act, 1948 and the Land Acquisition Act, 1894. The Court held that the acquisition proceedings initiated under the WB Requisition Act converted to the LA Act upon appropriate notice, but lapsed due to failure to make an award within two years as per Section 11A of the LA Act. The Court affirmed the need for fair market value assessment, emphasizing reliance on recent sale deeds for determining compensation.