1998 (11) TMI 22

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.... the petitioners' contention that the property with which it was sought to be compared was not comparable as the extent of the other property is 26.08 cents while the extent of the property which is the subject-matter of the agreement between the petitioners is 63 cents and 320 sq. ft. and such rejection, according to the petitioners, is erroneous. The petitioner also contends that the authority h....

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....he fact that the release deed purported to have been executed on behalf of the minors could be questioned by the minors on the ground of inadequacy of consideration, though the authority felt that consideration was there for the release and such consideration was adequate. The authority held in the light of its conclusions that the value of the property cannot be said to be depressed by reason ....

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....dgment in rem. It was submitted at the Bar that after the authority passed the order, the minors have in fact filed a suit and the suit is pending. The authority has not chosen to discount any part of the rate at which the smaller plot had been sold for the purpose of determining the market value of this plot. This approach of the authority is again one which cannot be regarded as in consonance....