Document Fragment View
Fragment Information
Showing contexts for: set forth value in D. Selvakumar vs The Inspector General Of Registration on 2 February, 2018Matching Fragments
5. As per the above said rules, it is mandatory on the part of the District Collector or any other Authority to issue notice under Rule 4 of the said rules in Form I to inform the genuineness of value set forth by the party in his document and to make a representation in this regard. Thereafter, as per Rule 5 of the Rules, the Authority has to proceed with the determination of the market value of the property on the criteria laid down therein. Again it is mandatory for the Authority to communicate the provisional market value determined by him as per Rule 6 of the Rules and call for the objections from the parties concerned. Thereafter, he is expected to pass final orders as per Rule 7 of the Rules within a period of three months from the date of issuance of the first notice.