We know that while doing path integral for a free particle moving in one dimension, $\textrm{Kernel}\propto \exp\left\{\frac{im\pi x^{2}}{hT} \right\}$ , where $x$ is the change in the position in time $T$, $m$ is the mass of the body and $h$ is the Planck's constant.
$$\implies K\propto \exp\left\{ {\frac{i\pi mvx}{h}}\right\},$$ where $v=\frac{x}{T}$.
Now, according to de Broglie Equation, $\frac{mv}{h}=\frac{1}{\lambda}$
$$\implies K\propto \exp\left\{{\frac{i\pi x}{\lambda}}\right\}$$
Intuitively, this means that Kernel of a particle at a point is related to the phase of the wave associated with the particle at the point as it takes classical path to move around.
But, we know that more accurately, de Broglie Equation is given by, $\frac{mv\lambda}{\sqrt{1-\frac{v^2}{c^2}}}=h$
So, to retain the physical meaning of the Kernel, relativistic action for free particles $$L=-~mc^2\sqrt{1-\frac{v^{2}}{c^{2}}}$$ must be used to evaluate the path integral.
A practical reason why relativistic action is not used is that it will make any problem really complicated.
So, my question is - ideally speaking, is not the use of relativistic action correct and necessary while calculating the Kernel in Path Integral formulation of Quantum Mechanics?
Given that the answer to the question above is yes, I have few points to note. If we use relativistic action, then considering velocities of motion greater than that of light will become unnecessary because the action for such motion will become imaginary. This should somewhat relieve us from the obligation to consider paths with infinite velocities in the path integral.
But objection can be raised against neglecting velocities higher than that of light while doing path integral. How can a single photon interfere with itself in the double slit experiment if we do not consider one of the paths taken by it to have a velocity faster than that of light to catch up with the other shorter path? We can solve this problem by considering that it is the longer path in which the particle travels at speed of light, while it tends to linger around and waste a little time in the shorter path to compensate for the inequality in the lengths of the paths.
The proposal in the last paragraph can be proven true or false by studying the interference pattern of single photon double slit experiment in detail. Sadly, I could not find detailed description of interference pattern in any of such papers I came across.