chose the forum
for filing his suit in a Court and undervalue the suit for
purposes of court fees so as to confer jurisdiction ... alia, that the plaint shall be rejected
where the relief claimed is
undervalued and the plaintiff, on
being required by the Court to
correct
Amit Densified Doors Pvt Ltd) had indulged in
clandestine removal and undervaluation of goods manufactured by
them. The Show Cause Notice required the respondents ... Settlement Commission, alleged clandestine removal of
finished excisable goods, and undervaluation thereof, by Respondents
No. 1 and 2. These allegations were, in turn, founded
accepted the said audit report, affirming that no evidence of Preferential,
Undervalued, Fraudulent and Extortionate (PUFE) transactions on the part
of MBIL was found ... Associates and M/s Kashyap Sikdar & Co. revealed "preferential,
undervalued, extortionate and fraudulent transactions" (PUFE). Copious
reliance is placed on the said
learned Single Judge
noted that unscrupulous plaintiffs appeared to be deliberately
undervaluing IPR suits leading to a situation where they were not only
choosing ... enactment of the CCA. The principles cannot be
stretched to justify undervaluation of IPR disputes and
payment of lower Court fee.
3
Court Fees
purpose of the RP to determine
whether any transaction was preferential, undervalued, fraudulent or
extortionate and also to file an application before the NCLT, both ... financial affairs of the
Corporate Debtor to determine a preferential or undervalued transaction
under Section 35(l) of the IBC. However, Section 43 does
Collector had thus erred in holding that the property
had been undervalued;
(m) That the valuation at which the Deed was registered could ... applicable to Delhi or in the Delhi Stamp (Provision of
Undervaluation of Instrument) Rules, 2007. Moreover, this
Court has been approached after the order
public policy considerations
which prohibit forum-shopping and habitual undervaluation of suits.
• Notably, the repercussions of undervaluation of suits are high and it
would defeat ... Amicus submits that by lifting the veil on
valuation, the threat of undervaluation and forum shopping can be mitigated
and IPR disputes can be placed
Court at the outset feels that the plaintiff has hopelessly and arbitrarily undervalued the court-fee in view of the averments made by the plaintiff ... plaintiff is not arbitrary, unjust and whether the plaint has not undervalued the relief. Section 7(iv)(f) of the Court-fees
advanced before this court is as to
whether the suit has been undervalued and in view of the
admission made by the plaintiff that ... that
the valuation is arbitrary, unreasonable and the plaint has
been demonstratively undervalued, the Court can examine
the valuation and can revise the same
required to give "notice" in all
cases of deemed undervaluation;
(ii) contended that the directions contained in para 22(C) of the
judgment ... December, 2015 directing the Registering
Officers, to in all cases of deemed undervaluation, after registering the
document, forward the same to the Collector of Stamps