Legal3 Nov 2026, 06:10 pm
Ruchi Infrastructure files SLP in Supreme Court over land compensation
AI Summary
Ruchi Infrastructure Ltd has filed Special Leave Petitions (SLPs) before the Hon'ble Supreme Court of India challenging the determination of compensation for a 4.71-acre land parcel in Village Byaora, District Hoshangabad. The land was acquired by M.P. State Agriculture Marketing Board in FY 2009-10. The company has received partial compensation to date. The SLPs are filed against the High Court of Madhya Pradesh's judgments dated August 10, 2026. While the company is yet to receive the balance compensation, a favorable outcome could lead to a claim exceeding the materiality threshold. The quantum of claims cannot be precisely quantified but is expected to exceed ₹1 crore.
Key Highlights
- Company filed SLPs in Supreme Court challenging land compensation.
- Dispute pertains to 4.71 acres acquired in FY 2009-10.
- High Court of Madhya Pradesh's judgment is under challenge.
- Potential claim exceeds materiality threshold if SLPs are successful.
- Quantum of claims expected to exceed ₹1 crore.
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