Fair Market Value

Supreme Court enhances land compensation based on escalation principle: R. Manohara Murthy vs. Assistant Commissioner (2024)

/ Compensation, Escalation Principle, Fair Market Value, Land Acquisition, Land Acquisition Act, Principles of Compensation

Supreme Court enhances land compensation based on escalation principle: R. Manohara Murthy vs. Assistant Commissioner (2024) LEGAL ISSUE: Determination of fair market value for land acquisition using escalation principles. CASE TYPE: Land Acquisition Case Name: R. Manohara Murthy & Others vs. Assistant Commissioner and Land Acquisition Officer [Judgment Date]: December 05, 2024 Date of the […]

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Supreme Court Reinstates Land Compensation: Shankarrao Bhagwantrao Patil vs. State of Maharashtra (20 September 2021)

/ Fair Market Value, Hemant Gupta, Judges, Land Acquisition Act, 1894, Land Acquisition Act, 1894 with Section 18, Land Acquisition Act, 1894 with Section 4, V. Ramasubramanian

Supreme Court Reinstates Land Compensation: Shankarrao Bhagwantrao Patil vs. State of Maharashtra (2021) LEGAL ISSUE: Determination of Fair Market Value for Land Acquisition CASE TYPE: Land Acquisition Case Name: Shankarrao Bhagwantrao Patil ETC. vs. The State of Maharashtra & Ors. Judgment Date: 20 September 2021 Date of the Judgment: 20 September 2021 Citation: (2021) INSC

Supreme Court Reinstates Land Compensation: Shankarrao Bhagwantrao Patil vs. State of Maharashtra (20 September 2021) Read Post »

Supreme Court Orders Fresh Auction of Metallurgical Coke: LMJ International Ltd. vs. Dankuni Steels Limited (2017)

/ A.K. Sikri, Arbitration and Conciliation Act, 1996, Arbitration and Conciliation Act, 1996 with Section 9, Ashok Bhushan, Auction Law, Court-Ordered Auctions, Fair Market Value, Judges, Reserve Price

Can a court accept a bid in an auction if the offered price, after deducting taxes, falls below the reserve price? The Supreme Court of India addressed this question in a recent case concerning the sale of metallurgical coke. This case highlights the importance of ensuring fair value in court-ordered auctions. The judgment was delivered

Supreme Court Orders Fresh Auction of Metallurgical Coke: LMJ International Ltd. vs. Dankuni Steels Limited (2017) Read Post »

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