Supreme Court · 1995 INSC 26 · Decided 11 January 1995
V.M. Salgoacar and Brother LTD. v. Union of India
- Court
- Supreme Court of India
- Citation
- 1995 INSC 26 · [1995] 1 S.C.R. 188
- Case number
- CIVIL APPEAL No. 3800/1989
- Decided
- 11 January 1995
- Bench
- K. RAMASWAMY, SUJATA V. MANOHAR (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Land Acquisition Act Section 4(1)
Headnote
AND BROTHER LTD. v. UNION OF INDIA JANUARY 11, 1995 B (K. RAMASWAMY AND MRS. SUJATA V. MANOHAR, JJ.) Land Acquisition Act, 1894-SecA(lrAward of compensa- ~ tion-Where compensation to be detennined at the market value of the land C on the basis of small sale transactions or at the potential of the land for staff quarters, the fact of a freeze on land development and used the purchase price of the D appellant as a base added compound interest and a small increase to arrive at the said market value of Rs. 5 per sq. metre. On referen~e under • S. 18 of the Act the District Judge
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