Where value of subject-matter must be stated
Full Text
Where the agreement is for the delivery of any property, or for the doing, or the refraining from doing, any particular act, the estimated value of the property to be delivered, or to which the act specified has reference, shall be stated in the agreement.
Plain English Summary
Mandates that when the special case concerns the delivery of property or performance/non-performance of an act, the estimated market valuation must be explicitly stated to establish pecuniary jurisdiction and determine court fees.
Key Legal Elements
- Mandatory Valuation: Agreement must explicitly specify the estimated market value of the property or the subject of the act.
- Determines Pecuniary Jurisdiction: Governs which court (Civil Judge Junior/Senior Division, District Court) is competent under Rule 3.
- Court Fee Computation: Essential for computing the fixed or ad valorem court fee under the applicable Court Fees Act.
- Defect if Omitted: Omission to state valuation renders the application vulnerable to rejection or return for amendment.
Practical Note
Jurisdictional Valuation & Court Fees: 1. Jurisdictional Threshold: Stating the value is not a mere technical formality; it directly dictates forum competence under Rule 3. If the property value exceeds the pecuniary ceiling of a subordinate court, the agreement can only be registered before the Senior Division or District Judge. 2. Court Fee Considerations: In most states, court fees on an application under Order XXXVI are governed by Article 11 of Schedule II of the Court Fees Act, 1870 (fixed fee), but where delivery of property or money decree is sought upon finding, appropriate ad valorem fees must be satisfied prior to sealing of decree.
हिंदी पाठ
जहां करार किसी संपत्ति के परिदान के लिए है, अथवा किसी विशिष्ट कार्य को करने या करने से प्रविरत रहने के लिए है, वहां परिदत्त की जाने वाली अथवा जिससे विनिर्दिष्ट कार्य का संबंध है उस संपत्ति का अनुमानित मूल्य (Estimated value) करार में अधिकथित किया जाएगा।