reference under section 47-
A is not maintainable as there was no undervaluation in the transaction or there
was no intention on the part ... parties to undervalue the properties. Since
there was no market value guidelines for the lands situated in the subject-survey
numbers and as 'zero
reference under section 47-
A is not maintainable as there was no undervaluation in the transaction or there
was no intention on the part ... parties to undervalue the properties. Since
there was no market value guidelines for the lands situated in the subject-survey
numbers and as 'zero
reference under section 47-
A is not maintainable as there was no undervaluation in the transaction or there
was no intention on the part ... parties to undervalue the properties. Since
there was no market value guidelines for the lands situated in the subject-survey
numbers and as 'zero
been returned to
the petitioners. Since, the registering authorities has found undervaluation,
the matter has been referred to the Stamp Collector under Section ... rule (5) to Rule 3 of the Tamil Nadu Stamp (Prevention of
Undervaluation of Instruments) Rules, 1986 makes it clear that the
registering officer shall
attempt on the part of the
parties to the document to undervalue with a view to evade payment of property
stamp duty.
5. In support ... reason to believe that the property covered and the document was
undervalued, it should have referred the document to the Collector under
Section
other. The enactment merely provides for registration,
notwithstanding the issue pertaining to undervaluation. The
said factor cannot be extended for the release of the document ... notices are mere show cause in nature. Since this instance case
involving undervaluation of market value to the tune of several crores of
rupees
Registrar has reason to
believe that the document has been undervalued, it is the duty of the Sub
Registrar to first register the document ... there was no reason to believe that the document
has been undervalued, particularly when the document was presented on
10.06.2024. Hence, according to the learned
Rule 9 [3] [5] [a] of the Tamil Nadu
Stamp [Prevention of Undervaluation of Instruments] Rules, 1968 to set aside the
orders dated ... provisional market value as per the provisions contemplated under the Prevention
of Undervaluation of the Instrument Rules, the Collector shall communicate the
copy
document, d) letters from the Police,
e) existence of mortgage deed, f) undervaluation, g) not
obtaining the No Objection Certificate from the Lessee and
sometimes ... register the document on the ground that
the property has been undervalued. It is relevant to note
that when the document is not valued properly
judis
existence of mortgage deed, f) undervaluation, g) not
obtaining the No Objection Certificate from the Lessee and
sometimes, refusal is also made ... register the document on the ground that the
property has been undervalued. It is relevant to note that
when the document is not valued properly
