Land Acquisition Compensation - In Exceptional Cases, Courts Can Direct Market Value Be Determined Based On A Date After Prelim Notification : Supreme Court
6 days, 1 hour ago

Land Acquisition Compensation - In Exceptional Cases, Courts Can Direct Market Value Be Determined Based On A Date After Prelim Notification : Supreme Court

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The Supreme Court today observed that although the land acquisition compensation is to be determined at the market rate prevailing on the date of issuance of the notification regarding the acquisition of land, the compensation can be determined based on a later date in exceptional circumstances when the delay in the disbursal of the compensation has been inordinate.The bench of. The Supreme Court today observed that although the land acquisition compensation is to be determined at the market rate prevailing on the date of issuance of the notification regarding the acquisition of land, the compensation can be determined based on a later date in exceptional circumstances when the delay in the disbursal of the compensation has been inordinate. The bench of Justices BR Gavai and KV Viswanathan heard a case challenging the Karnataka High Court's decision to reject the appellant's plea for compensation based on a later valuation date, contending that delays in payment had significantly impacted the land's market value, warranting compensation based on the later date rather than the date of the land acquisition notification. Also, the court referred to number of precedents supporting the shift in date for determining the land acquisition compensation, it observed: "It can thus be seen that this Court in the aforesaid case observed that normally, compensation is determined as per the market price of land on the date of issuance of the notification regarding acquisition of land but there are judgments of this Court where in similar situations instead of quashing the impugned notification, this Court shifted the date of the notification so that the landowners are adequately compensated."

History of this topic

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1 day, 9 hours ago
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3 weeks, 3 days ago
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11 months, 1 week ago
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11 months, 3 weeks ago
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11 months, 4 weeks ago
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1 year, 2 months ago
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1 year, 10 months ago
Supreme Court Annual Digest 2022- Land Laws
1 year, 11 months ago
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2 years, 1 month ago
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2 years, 1 month ago
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2 years, 2 months ago
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2 years, 3 months ago
Interest Payable On Solatium Under Land Acquisition Act Is 9% For First Year & 15% For Subsequent Years: Karnataka High Court
2 years, 4 months ago
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2 years, 5 months ago
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2 years, 6 months ago
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2 years, 7 months ago
Purchaser Has No Right To Claim Lapsing Of Land Acquisition Proceedings Under Sec 24 RFCTLARR Act : Supreme Court
2 years, 7 months ago
Arbitral Award Not Providing Statutory Compensation On Land Acquired Under NHA Is Perverse: Madras High Court
2 years, 8 months ago
Gujarat High Court Directs NHAI To Re-Compute Compensation For Agricultural Land Acquired In 2014 For Vadodara-Mumbai Expressway
2 years, 8 months ago
No TDS Required To Be Deducted On Enhanced Compensation Awarded By Court Under Land Acquisition Act: Delhi ITAT
2 years, 8 months ago
Land Acquisition Compensation Cannot Be Determined On The Basis Of Consent Award Passed In Another Acquisition : Supreme Court
2 years, 9 months ago
'Interest To Solatium A Must': Madras High Court Modifies Award Of Additional Compensation For Land Acquired By ONGC
2 years, 9 months ago
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3 years, 1 month ago
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3 years, 1 month ago
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3 years, 4 months ago
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3 years, 11 months ago
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4 years, 4 months ago
Land Acquisition- 'Persons Interested' Include Those Who Have Stake In Compensation Proceedings :Calcutta HC
4 years, 10 months ago
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5 years, 1 month ago
Explained | What is the furore around the land law case?
5 years, 2 months ago
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