follows:
4.1. The sale deed of the appellants was found to be undervalued.
Hence, the document was impounded and was referred ... Rule 5 of the Tamil Nadu Stamp (Prevention of Undervaluation of
Instruments) Rules, 1968, contemplates the principles for determination of
market value. Accordingly
does not disclose the cause of action, that the plaint has been undervalued and the provisions of Section 80 (3) had not been complied with ... Therefore, according to the applicants the suit has been undervalued and hence the plaint has to be rejected under Order 7 Rule
Rule 5 (b) (viii) of the
Tamil Nadu Stamp (Prevention of Undervaluation of Instruments) Rules, 1968.
It is submitted the property in question falls ... invoked only where
there is wilful undervaluation of the subject instrument with an intention to
evade payment of proper stamp duty. It is submitted that
further contended that, in case, if the
document has been undervalued, it is for the authorities to initiate
proceedings for recovery of the deficit stamp ... sale deed. He had further contended that
the document has been undervalued in view of the suppression of a building
in the said property
further contended that, in case, if the
document has been undervalued, it is for the authorities to initiate
proceedings for recovery of the deficit stamp ... sale deed. He had further contended that
the document has been undervalued in view of the suppression of a building
in the said property
purchased P.W.10's immovable property,
which was auctioned, by undervaluing the same without following the
proper public auction procedure and thereby, they ... hence, the conspiracy between them to cheat the bank by undervaluing
the property and cheat P.W.10 by misusing and abusing the power
doubt that comparison is
permissible so long it does not undervalue the product of
the rival. In the commercials shown by respondent and as
quoted
Gillette India Limited vs Reckitt Benckiser (India) Private ...
Author: Abdul Quddhose
Bench: Indira Banerjee , Abdul
provision is
extracted hereunder:
“Section 47-A. Instrument of conveyance etc.,
undervalued how to be dealt with.- (1) If the
Registering Officer appointed under ... whether any instrument of conveyance,
exchange, gift etc., has been undervalued and if so, to determine the
proper value and to collect the appropriate Stamp
disclose a cause of action;
(b) where the relief claimed is undervalued, and the plaintiff,
on being required by the Court to correct the valuation ... does not
disclose a cause of action; (ii) where relief claimed is undervalued and the
plaintiff does not correct the valuation within the time stipulated