make a reference for determination of the market value where the market value set forth in the instrument is less than the minimum value ... there can not be a reason to believe that the market value set forth in the instrument is not proper in the absence of material
District Collector, Faridabad the
respondent did not truly set-forth the true value in the
instrument, therefore, order under section 47-A was passed
against ... intention
clearly by emphasizing the detail i.e. that value as set forth in
the instrument. Or else, the Legislature would have used the
terminology
property conveyed is land, buildings and machineries.
(ii) The value set forth in the instrument having been grossly under-valued, the second respondent kept ... find out prima facie, whether the market value set out in the instrument has been set forth correctly."
In view of the said decisions
value of the property as
if on the date of the institut_ion of the suit and has proceeded on the
value set~forth ... also
pointed out that as on 19.4.2007, the market value ofthe very
property has been revised and it was fixed at
square foot. if this
years immediately preceding the
date of execution of any instrument setting forth such
market value, or on the basis of any Court decision after
hearing ... value of a property
where the registering authority has reason to believe that the
market value of the property was not truly set forth
value of property means the value as determined on the basis of the rates fixed by the Collector or the consideration as set forth ... property, and not on the value set forth, the instrument shall fully and truly set forth the annual land revenue in the case of revenue
family, chargeable with duty verify
whether the value of land or the consideration set forth
in the instrument is the fair ... value of that land.
(2) Where on such verification, the registering
officer is satisfied that the value of the land or the
consideration set forth
family, chargeable
with duty verify whether the value of land or the consideration
set forth in the instrument is the fair ... value of that land.
(2) Where on such verification, the registering officer is
satisfied that the value of the land or the consideration set
forth
market value if they have a reasonable belief that the market value of the property has not been truly set forth in the document ... registering authority to form an opinion as to the market value not truly set forth in the instrument and this leads to an enquiry
reason to believe that the market value of the property has not been truly set forth in the instrument, he may determine the market value ... find out prima facie, whether the market value set out in the instrument has been set forth correctly.
8. The provision does not provide
