Basic Valuation Registers' maintained for the purpose
of detection of undervaluation and collection of proper stamp duty.
13.1) In Jawajee Nagnatham, the land owners ... purposes of ascertaining the
market value and determining whether there was any undervaluation of
the instrument for purposes of stamp duty, which is a revenue
application 104-107
made by IRP – allegations of
transactions being undervalued and
fraudulent
WHETHER LENDERS OF JAL COULD BE CATEGORISED AS
FINANCIAL CREDITORS ... Jaiprakash Associates Limited 6, the
holding company of JIL, as being preferential, undervalued and fraudulent, in
terms of Sections
order Vll Rule (11b)-Plaint
to be rejected where relief claimed undervalued-Duty of
Court to come to a finding that relief claimed is
undervalued ... lakhs and at Rs.500
for court fee-Whether suit undervalued for the purpose of
court fee.
Suits Valuation Act 1887/Rules Framed by Punjab
suit or appeal had exercised
8
it by reason of overvaluation or undervaluation, should not be
entertained by an appellate court, except as provided ... jurisdiction to hear a suit or appeal but for overvaluation or
undervaluation, is not to be treated as, what it would
available FSI i.e. 56,473 sq ft. thus showing an
unwarranted undervaluation.
8. Moreover, as rightly contended by Shri Mohta the authorities have
treated ... mtrs
whereas the subject land which is said to have been undervalued is 2,024 sq
mtrs. It is well known that the price
that the Deed of
Assignment dated 20.09.2017 is undervalued and
insufficiently stamped and it is a sham document which
cannot be acted upon. Hence, based ... cannot claim absolute title over the
trademark. That the transaction is an undervalued
transaction and is hit by Section
investigation that followed the searches revealed that
the assessee had undervalued the goods manufactured by them
and cleared the goods from their factory, resulting ... recorded by the DGCEI and took a stand that there was no
undervaluation.
11. The assessee contended in their replies that they were
effecting supplies
market value, without recording
any reason to say that the document is undervalued, thus
without performing the statutory obligation, cast upon the
third Respondent Registering ... record such
reasons to arrive at a decision that the documents are
undervalued and the same are required to be referred to the
authority concerned
extent. When high stamp duty is prevalent, there is a
tendency to undervalue documents, even where sale deeds are executed.
When properties are undervalued ... black' money. Even when the state
governments take action to prevent undervaluation, it only results in the
recovery of deficit stamp duty and registration
SC1494 (8)
ACT:
Suits Valuation Act (VII of 1887), s. 1 -Appeal
undervalued and presented to a Court of inferior
jurisdiction-Whether a decree passed ... void, and that an objection to jurisdiction based on
over-valuation or undervaluation should be dealt with under
that section and not otherwise. The reference
