JUDGMENT :

(Prayer: Civil Miscellaneous Appeal filed under Section 47-A(10) of Indian Stamp Act 1899 against the impugned proceedings of the first respondent in Na.Ka.No.37503/N3/2017, dated 06.01.2022 and quash the same.)

1. The Civil Miscellaneous Appeal is directed against the order passed in Na.Ka.No.37503/N3/2017, dated 06.01.2022 by the Tamil Nadu Chief Revenue Controlling Officer/Inspector General of Registration.

2. The factual aspects that are necessary for deciding the appeal in short are as follows:

(a) The appellant is a Company incorporated under the Companies Act, manufacturing carbon steel, low alloy steel and stainless steel castings and forgings. The appellant Company purchased the property situated in Survey Nos.229/1D, 229/3D, 229/4A, 235/2B, 235/2G of Lakshmipatti Village, Kulathur Sub Registration District, Pudukottai District admeasuring 2.71 acres of land from one K.V.Abdul Mubarak Vagaiyara for Rs.3,30,000/- vide sale deed dated 15.02.2017. They have paid stamp duty of Rs.54,100/- on 15.02.2017 and the document was registered in Document No.388/2017. Subsequently, the third respondent referred the above said document to the second respondent for undervaluatio