ap court fee and suit valuation act
Querist :
Anonymous
(Querist) 16 May 2011
This query is : Resolved
Hi,
I am an NRI and was cheated by an old friend in India. He purchased properties on his and his family name with my funds. I am planning to file property transfer suit, since these transactions are benami. The registered (document) value of the properties is around Rs. 80 lakhs (at the time of registration. But the government increased the market value two to three times after the registration.
Which of these two values we should take into account to calculate court fee and suit valuation?
Thanks in advance!!!
Guest
(Expert) 16 May 2011
normally based upon the face value of registration. So the amount mention in the document will be taken into consideration.
Querist :
Anonymous
(Querist) 16 May 2011
Thanks! Is this true in the case of Andhra Pradesh? Since this is a state subject, they could be different in different states.
Querist :
Anonymous
(Querist) 19 May 2011
I would appreciate if you could throw more light on this issue, particularly in reference to Andhra Pradesh. Similar case references would be useful. Thanks.
