submitted that if the Registering Officer finds that the market value set forth in the instrument is not less than the minimum value determined ... duty of the officer registering the document to examine the value set forth in the document and if the value has been set forth less
Bottomery Bond (No. 16) for such amount or value as set forth in the release.
Article 61 of the Act reads as follows :-
61. Surrender ... Bottomery Bond (No. 15) for such amount or value as set forth is the release" Underlined portion makes it clear that the stamp value
requirement of Order 21, Rule 66 of the CPC ; the value set forth in the proclamation does not reflect the true value of the schedule
states that where on verification set forth in the instrument is less than the fair value of the land fixed under S. 28A , he shall ... value or consideration and if after such examination he has reason to believe that the value or consideration has into been truly set forth
believe that the value of the property or consideration, as the
case may, has not been truly set forth in the instrument, he may after ... examination he has reason to believe that the value or consideration has not been truly
set forth in the instrument, he may determine the value
such instrument has not been truly set forth, he shall after arriving at the estimated market value, communicate the same to the parties and unless ... reason to believe that the market value of such property has not been truly set forth in the instrument, he may determine by order
consideration involved
was Rs.20,000/-. He also noted that the market value of the
property was Rs.64,880/-. On its basis ... matter of
such instrument has not been truly set forth in the
instrument, or that the value arrived at by him as per the
guidelines
that the market value of the property which is the subject-matter of such instrument has not been truly set forth in the instrument ... reason to believe that market value of such property has not been truly set forth in the instrument, he may determine the market value
believe that the value of the property or the consideration, as the case may be, has not been truly set forth in the instrument
before him
for registration, has not been truly set forth in the instrument or if the value arrived at by him as per the guidelines ... that the market value of the property which is the subject-matter of such instrument has not been truly set forth in the instrument