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Showing contexts for: V.N.DEVADOSS in Tata Coffee Limited vs The State Of Tamil Nadu on 3 November, 2010Matching Fragments
16. The decision of the Supreme Court reported in (2009) 7 SCC 438 (V.N.Devadoss v. Chief Revenue Control Officer-cum-Inspector) relied on by the learned Senior Counsel for the petitioner Company has no application to the facts of these cases. In the said case, sale was conducted by way of public auction after fixing upset price and therefore the under-valuation was ruled out. Here, the petitioner Company is a sister concern of the 4th respondent Company and hence no presumption can be made that the valuation mentioned in the document is the actual market value of the land.