( 1. ) THE statement of objects and reasons for enactment of the Tamil Nadu Court Fees and Suits Valuation Act, 1955(hereinafter referred to as the 'Act') reads as under:

"THE Court Fees Act, 1870 was enacted more than 80 years ago, conditions have materially changed since then and litigation has grown enormously in variety and complexity. THE application of the old rules to altered facts and the extension of the rules to cover new cases have resulted in a jumble of statutory and case law which, at many points, is indefensible on principle and is a source of all-round inconvenience. THE Suits Valuation Act, 1887 (Central Act VII of 1887), makes its own contribution to the incongruities with which this branch of the law abounds. Rationalization of the law relating to court-fees and suits valuation has, for the last 20 years , been regarded as an urgent measure of judicial reform. This Bill seeks to achieve that object. Rules relating to court-fees and rules relating to valuation of suits are so interlocked that it is considered expedient to have both sets of rule enacted as parts of a single Act. THE method of valuing suits forms one Chapter in this Bill. THE main purpose of