Tamil Nadu Stamp (Prevention of Undervaluation of Instruments) Rules, 1968

The State alleged that the Tamil Nadu Small Industries Corporation (TANSI) sold land at a price below market value to a firm in which the Chief Minister of Tamil Nadu and her associate were partners, thereby causing wrongful loss to the corporation and wrongful gain to the accused. The trial court convicted the accused…

The Supreme Court examined appeals filed by the Inspector General of Registration, Tamil Nadu and others against K. Baskaran concerning the valuation of stamp duty under the Indian Stamp Act, 1899 and the Tamil Nadu Stamp (Prevention of Undervaluation of Instruments) Rules, 1968. It held that Rule 11‑A authorises the a…

The appellant purchased 60.86 acres of land belonging to Dunlop India Ltd, a sick company, through an open‑market tender conducted by an Asset Sales Committee appointed under the Sick Industrial Companies (Special Provisions) Act, 1985. The sale deed was executed at Rs 24.34 crore and registered. The revenue authoritie…

The petitioners, revenue officers, challenged the High Court's order that set aside the valuation of two sale deeds which the Joint Sub-Registrar had deemed undervalued and referred to the Special Deputy Collector under Section 47‑A of the Indian Stamp Act, 1899. The Registering Officer issued Form I notices fixing inf…