M/S MAHAMAYA GEN.FINANCE CO.LTD. vs STATE OF U.P. .

The Supreme Court examined the validity of compensation awarded under the Land Acquisition Act, 1894, specifically Sections 4, 6, 17(1), and 18. The Court held that the Reference Court's dismissal of the appellant's sale deeds as evidence for determining compensation was erroneous, as the deeds provided a reasonable basis for assessing the market value of the acquired land. Consequently, the Court set aside the High Court's order and directed a reassessment of compensation based on the relevant sale deeds.