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Madhya Pradesh High Court · body

1978 DIGILAW 101 (MP)

Collector, Raipur v. Sunderlal Nathani

1978-02-01

J.P.BAJPAI, K.K.DUBE

body1978
Short Note : It is not disputed that the function of the Court in awarding compensation under the Land Acquisition Act is to ascertain the market value of the land at the date of the notification under section 4(1) and the methods of valuation may be (1) opinion of experts, (2) the price paid within a reasonable time in bona fide transactions of purchase of the lands acquired or the lands adjacent to the lands acquired and possessing similar advantages and (3) a number of years of purchase of the actual or immediately perspective profits of the lands acquired. Special Land Acquisition Officer v. T.A. Sethy, AIR 1959 SC 429 . The Dollar Company Madras v. Collector of Madras, AIR 1970 SC 1670, relied on. Appeal allowed.