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Showing contexts for: set forth value in Peeru S/O Late Sakru And Anr vs Siddappa S/O Kenchappa Cheela And Ors on 20 September, 2023Matching Fragments
45. In this view of the matter, it was open for the plaintiff to set a value to the subject matter of his property in the manner that he thought fit. The defendant can, no doubt, object to this valuation, but he cannot contend that the value set forth in a sale deed should only be the criteria for determining the pecuniary jurisdiction.
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NC: 2023:KHC-K:7515
46. It is not uncommon in our country that the sale consideration mentioned in sale deeds are not a true reflection of the market value and the sale considerations are deliberately understated so as to save on stamp duty. Therefore, the sale consideration set forth in the sale deed would not be the ideal factor to be considered for determining the pecuniary jurisdiction.