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Shew Sdhankar Shaw @ Shew Sankar Das vs Gaur Hari Maity & Ors on 3 September, 2010

"9. If the principle which was laid down by the Division Bench of this Hon'ble Court in the said decision is applied in the instant case, then this Court holds that since the plaintiff has applied for such preemption in the instant case prior to the passing of the preliminary decree in the said suit, the relevant date for the purpose of assessment of valuation of the share of the stranger purchaser in the suit property will be the date when the preliminary doecree in the said suit was passed declaring the share of the parties in the suit property. Though the petitioner's right to preempt under section 4 of the partition Act was recognized by the Appeal Court for the first time on 17th February, 2004 and subsequently was affirmed in appeal by the Hon'ble Supreme Court on 18th October, 2006 but sale price of the stranger purchaser's share cannot be fixed with reference to the date when the petitioner's right of preemption was recognized inasmuch as section 4 of the Partition Act speaks of sale of the share of the stranger purchaser at its valuation as on the date when the co-sharer undertakes to purchase the share of the stranger purchaser.
Calcutta High Court (Appellete Side) Cites 6 - Cited by 2 - J Bhattacharya - Full Document
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