Sathe Khat - Not registered but payment in advance was made; proof can be supported through valuation reports, signatures, and market rate considerations CHAINSUKH GANDHI VS WINTER PARK DEVELOPERS PVT LTD - National Company Law Tribunal, Shalini Vaman Godbole VS Special Land Acquisition Officer, Special Unit, Solapur - Bombay, SHALINI WAMAN GODBOLE vs SPECIAL LAND ACQUISITION OFFICER, SOLAPUR - Bombay, THE STATE OF MAHARASHTRA vs SMITA SUMANT CHITALE - Bombay, THE SOLAPUR MUN. CORPN vs MAHADEO RAMCHANDRA MATE AND ANR - Bombay.
Evidence of Payment - Payments are often documented via signatures on Sathe Khat dated 27/4/1988, supported by valuation reports indicating market rates at that time (Rs.378 to Rs.650 per sq.mtr.) Shalini Vaman Godbole VS Special Land Acquisition Officer, Special Unit, Solapur - Bombay, SHALINI WAMAN GODBOLE vs SPECIAL LAND ACQUISITION OFFICER, SOLAPUR - Bombay, THE STATE OF MAHARASHTRA vs SMITA SUMANT CHITALE - Bombay, THE SOLAPUR MUN. CORPN vs MAHADEO RAMCHANDRA MATE AND ANR - Bombay.
Court Findings - The court has acknowledged the signing of Sathe Khat and referenced valuation reports to establish the payment date and market rate, despite the Khat not being registered. The court also emphasized the importance of clearing arrears within specified timelines CHAINSUKH GANDHI VS WINTER PARK DEVELOPERS PVT LTD - National Company Law Tribunal, SHALINI WAMAN GODBOLE vs SPECIAL LAND ACQUISITION OFFICER, SOLAPUR - Bombay, THE STATE OF MAHARASHTRA vs SMITA SUMANT CHITALE - Bombay, THE SOLAPUR MUN. CORPN vs MAHADEO RAMCHANDRA MATE AND ANR - Bombay.
Conclusion - To prove payment made via Sathe Khat without registration, rely on signed documents, valuation reports, and market rate evidence. The courts have accepted such evidence based on signatures and valuation reports, even when the Khat itself was not registered.
... ... Findings of Court: ... The court found that the petitioner was not entitled to relief as he had not come with clean hands ... misappropriation of funds, and failure to hold general meetings - Court finds that the petitioner was complicit in the management and has not ... Shareholding for purchase of land. (2) Winterpark will financed purchasers with “SATHE KHAT” of balance payment of Rs. 700/-, (3) At the same time all purchasers will make “Power of attorney” in the name of D....
However, he did not give any reasons in support of these conclusions more so when he himself considered the Sathe Khat of 27/4/1988 at the market rate of Rs.378/per sq. mtr. ... The payment of arrears, if not cleared earlier, is directed to be cleared within a period of three months from today. ... Parties to bear their own costs. ... The Sathe Khat was signed on 27/4/1988 and this fact is supported in the valuation report at Exh. 91 and submitted by Shri Shiralkar....
The arguments advanced by Mr. ... The payment of arrears, if not cleared earlier, is directed to be cleared within a period of three months from today. ... However, he did not give any reasons in support of these conclusions more so when he himself considered the Sathe Khat of 27/4/1988 at the market ... The Sathe Khat was signed on 27/4/1988 and this the ready reckoner the market rate was fixed by the Government at Rs.650/ per sq.mtr.....
The arguments advanced by Mr. ... The payment of arrears, if not cleared earlier, is directed to be cleared within a period of three months from today. ... However, he did not give any reasons in support of these conclusions more so when he himself considered the Sathe Khat of 27/4/1988 at the market ... The Sathe Khat was signed on 27/4/1988 and this fact is supported in the valuation report at Exh. 91 and submitted by Shri the....
The arguments advanced by Mr. ... The payment of arrears, if not cleared earlier, is directed to be cleared within a period of three months from today. ... However, he did not give any reasons in support of these conclusions more so when he himself considered the Sathe Khat of 27/4/1988 at the market ... The Sathe Khat was signed on 27/4/1988 and this the ready reckoner the market rate was fixed by the Government at Rs.650/ per sq.mtr.....
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