Rajesh Valel Puthuvalil & Anr vs Inland Waterways Auth.Of India & Anr

The Supreme Court held that the High Court erred in reducing the compensation for the building based on a guess estimate, disregarding the objective material provided in Ext.C-3 Valuation Report. The Court emphasized that when credible evidence is available, a guess estimate is not warranted. Consequently, the Court restored the valuation determined by the Reference Court, thereby allowing the appeal and setting aside the High Court's judgment regarding the value of the structures.