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SUPREME COURT
Unknown, J
V. N. Devadoss v. Chief Revenue Control Officer cum Inspector and Others
| Table of Content |
|---|
| 1. overview of property sale process. (Para 2 , 3 , 4) |
| 2. appellant's appeal against market valuation post-sale. (Para 6 , 7 , 8 , 9) |
| 3. clarification on under-valuation requirements under s.47a. (Para 12 , 15 , 17) |
| 4. definition of sale under property law. (Para 14 , 16) |
1. Leave granted.
2. Challenge in this appeal is to the order passed by a Division Bench of the Madras High Court in appeal filed under S.47A of the Indian Stamp Act, 1899 (in short the 'Act'). The appeal was filed against the order passed by Chief Revenue Control Officer cum Inspector General of Registration, Chennai in proceedings Pa.Mu.No.22947/NI/2005 dated 8.2.2006 confirming the order of the District Revenue Officer (Stamps), Office of the District Collector, Chennai in proceedings Na. K.C. Pa.244/2004/A4 dated 11.4.2005.
3. The controversy lies within a very narrow compass. According to the appellant, an extent of 60.86 acres of land comprised in S. Nos. 330, 338, 473, 552 etc. situate at Ambattur Taluk, Tiruvallur District, which was previously owned by Dunlop India Limited, a Public Limited Company. The said Company became a sick industry and was declared so under the Provisions of Sick Indus
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