Case Law Analysis
|Bombay High Court
Land Acquisition Act | 12% Annual Compensation Escalation Upheld Over Reference Court's 6% Rate : Bombay HC
Bombay High Court ruled that evidence justifies a 12% annual escalation in land acquisition compensation, overturning the Reference Court's 6% rate. The judgment sets a precedent for market value appreciation in agricultural land disputes, impacting compensation claims under the Land Acquisition Act 1894.