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IN THE HIGH COURT OF JUDICATURE AT MADRAS
K.GOVINDARAJAN THILAKAVADI
Palace Investments Represented by its Managing Partner Mr. Gokul R. Bathija – Appellant
Versus
Inspector General of Registration – Respondent
| Table of Content |
|---|
| 1. details of the property transaction (Para 2) |
| 2. contentions about property valuation (Para 3) |
| 3. legal arguments on registration authority's responsibilities (Para 4) |
| 4. court’s overview of the case details (Para 5 , 6 , 7) |
| 5. regulatory compliance in determining market value (Para 8) |
| 6. outcome of the appeal (Para 9) |
JUDGMENT :
K.GOVINDARAJAN THILAKAVADI, J.
This appeal is at the instance of the appellant partnership firm, represented by its Managing Partner, seeking to challenge the order passed by the 1st respondent / Inspector General of Registration, dated 27.05.2025, in Na.Ka.En.11009/N1/2024.
2. According to the appellant firm, represented by its Managing Partner, the firm had purchased the subject property by virtue of a sale deed dated 18.05.2023, i.e., 1/25th undivided share in properties comprised in S.Nos. 57/1A2, 57/1B, 65/1, 65/2, 65/3, 66/1, 66/2 and 66/3 situate at No.191, Uthandi Village, Sholinganallur Taluk, Chengalpattu District, measuring approximately 10.00 cents. The sale deed was registered as document No.6495/2023 on the file of the 4th respondent/Sub Registrar, Neelankarai, Chennai, for a sale consideration of Rs.64,00,000/- on which the applicab
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