Government Of Nct Of Delhi vs M/S Beads Properties Pvt. Ltd.

The Supreme Court examined whether the land acquisition had lapsed under Section 24(2) of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, after the High Court declared the acquisition to have lapsed. The Court considered the validity of the High Court's declaration based on the non-implementation of the acquisition within the stipulated period. The Court upheld the High Court's decision, affirming that the acquisition had indeed lapsed under the relevant provisions of the Act.