M.P. HOUSING BOARD (NOW KNOWN AS M.P HOUSING AND INFRASTRUCTURE DEVELOPMENT BOARD) AND ORS. vs PURUSHOTTAM LAL AND ORS.

The Supreme Court held that the land acquisition proceedings initiated under Section 4(1) of the Land Acquisition Act lapsed due to the introduction of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The Court directed the Madhya Pradesh Housing Board to pay a one-time compensation of Rs. 27.50 Lakhs to the landowners, settling all claims, with interest accruing at 18% per annum for any delay in payment. The judgment emphasizes the importance of fair compensation in land acquisition matters.