Supreme Court of India · 2023-10-19
The Central Warehousing Corporation vs Thakur Dwara Kalan Ul-Maruf Baraglan ...
- Court
- Supreme Court of India
- Petitioner
- The Central Warehousing Corporation
- Respondent
- Thakur Dwara Kalan Ul-Maruf Baraglan ...
- Author
- Vikram Nath
- Bench
- Vikram Nath, Rajesh Bindal
Judgment text excerpt
The Supreme Court examined the validity of the land acquisition compensation calculation, which was based on a 15% annual increase over 11 years, culminating in a compensation of Rs.493 per square yard. The Court scrutinized the reliance on previous orders and the period considered for the increase, emphasizing the importance of fair valuation under Section 4 of the Land Acquisition Act, 1894. The judgment clarified the legal standards for determining compensation in land acquisition cases. Ultimately, the Court upheld the methodology used for calculating the compensation amount.