U.P.Power Corp.Ltd vs Rajesh Kumar & Ors

The Supreme Court addressed the issue of compensation for land acquisition under the Land Acquisition Act, 1894, specifically referencing Section 23 and Section 24. The Court established that the market value of the land must be determined based on the prevailing rates at the time of acquisition, and any delay in payment of compensation can lead to interest accrual under Section 34. The appeals were allowed in part, modifying the compensation awarded by the lower courts.