Rajasthan State Indst.Dev.&Inv.Corpn vs Subhash Sindhi Coop.Hsg.Society ...

The Supreme Court upheld the High Court's order directing the Rajasthan State Industrial Development and Investment Corporation (RIICO) to release land from acquisition under the Rajasthan Land Acquisition Act, 1953, specifically citing Section 4(1) and Section 6. The Court established that the society's claim for release was valid as the land was subject to an agreement to sell prior to acquisition, and the dismissal of earlier petitions did not preclude the society from seeking relief based on subsequent developments. The Court ruled in favor of the society, allowing the release of the disputed land.