Full Order Text
Final Order 1 · 16 Nov 2019 · CNR MHCC010103172019
Order Details: Notice of Motion Pdf Text: 1 IN THE COURT OF CITY CIVIL COURT AT GR.BOMBAY NOTICE OF MOTION NO.3820 OF 2019 IN S.C. SUIT NO.1368 OF 2019 M/s. Harilal Desar Rana Clothing Company LLP ..Plaintiff V/s Mrs.Kalyani Satish Jaiswal & Anr ..Defendants Plaintiff in person Ld. advocate Chirag Gandhi for the defendant CORAM: HIS HONOUR JUDGE SHRI M.SALMAN AZMI DATE: 16/11/2019 ORAL ORDER 1. This notice of motion is tendered by the defendants interalia for holding the inquiry as to the valuation of the suit premises under the section of 8 to 10 of Maharashtra Court Fees Act, (hereinafter referred to as the Act) and further to appoint an expert with powers u/s. 10 of the Act to inquire about valuation of the suit premises. 2. Heard. 3. Ld. Counsel for the defendants submitted that one Anil Krishna Patil has availed loan on the premises which is situated exactly below the suit premises and 2 -- 1 of 6 -- 2 having less area. On perusal of the report it appears that the fair market rate is Rs.12,000/ per sq. feet, whereas the suit premises is 2100 sq. feets which is if then calculated amount to Rs. 2.52 crores. 4. Ld. Counsel for the defendant further pointed out that in 2016 for availing loan in respect of suit premises and other premises which are owned by the defendants in the area where the suit premises is situated and pursuant to the said valuation carried out and fair market rate was Rs.22,000/ to Rs.26,000/ per sq. feet. If the same is considered the amount comes to Rs.4.62 crores as per the valuation report dated 27/04/2016. The defendant submitted that there is substantial growth since the year 2015 2016 and there is steep hike in the rate in the year 20182019 which is Rs.98900/ per sq. meter which is if calculated in respect of the suit premises equal to 195.06 x 98.900= 1,92,91,434/ which is over and above the jurisdiction of this Court. He would submit that therefore the expert is required to be appointed and to get the exact market value of the suit premises. 5. The plaintiff has filed reply to the said notice of motion. The plaintiff submitted that defendant made similar application vide Notice of Motion No. 2700/2019 which came to be dismissed by this Court 3 -- 2 of 6 -- 3 in which the issue of undervaluation of the suit premises was taken. He would submit that plaintiff has properly valued the suit claim as per law. The defendant have resorted to filing notice of motions and appeal against order, one after the other, in order to thwart the proceedings in the above suit. 6. On perusal of sec.8 of the Act, it is apparent that if the Court is of the opinion that the subject matter of any suit has been wrongly valued or if an application is made to the Court for the revision of any valuation made, the court may revise the valuation and determine the correct valuation and may hold such inquiry as it thinks fit for such purpose. Sec.9 of the Actcontemplates for investigation and ascertaining proper valuation and Sec.10 of the Act contemplates the power of person making inquiry u/s.8 and 9 of the Act. 7. Earlier the defendants have filed notice of motion no.2700/2019 in it also they have raised the similar ground and had filed similar valuation reports in order to assert their submissions. At the time of argument, the issue of inquiry u/s. 8 of the Act was also raised. This Court has considered all the arguments canvassed by the defendants and also considered the two valuation reports filed by the defendants and has passed the order holding that the 4 -- 3 of 6 -- 4 plaintiff has properly valued the suit claim as per sec.6(v) of the Act. This Court placed reliance upon the judgment of Hon'ble Bombay High Court in the case of Prem Ratan Vohra Vs. Lalitkumar Dayalji Kakhani AIR 1988 Bombay 264, wherein it is held that “The basis for calculating the market value of the property should be the compensation charged and not the rent of the premises in question. It is the net income which accrues to the licensor calculated in the manner stated herein above which should be taken as its unit value and its market value should be arrived at by multiplying it by 12 1/2 years purchase or by 150 months value.” 8. This Court further held that the computation of the market value of the suit premises by the plaintiff is not foreign to the system of valuation. The foundation of the computation of the market value on the basis of the net income of the property which is approved by the Hon’ble Bombay High Court in the above cited judgement of Prem Ratan. The plaintiff appears to have computed the market value of the suit premises on the basis of the net income of the premises. The defendants have carried this order before the Hon'ble High Court. It is informed that the said Writ Petition was subsequently withdrawn 5 -- 4 of 6 -- 5 by the defendants. Thus, when the Court has arrived at a findings that the plaintiff has appropriately computed the market value of the suit premises, then it does not lie in the mouth of the defendants to again pray for inquiry u/s. 8 to 10 of the Act for valuation of the suit premises. The notice of motion is devoid of merits and substance. Once the Court has passed detailed reasoned order in the notice of motion no.2700 of 2019 and the same was assailed and Writ Petition was withdrawn, in this circumstances, the present notice of motion is nothing but abuse of process of law and is not required to be considered. Hence, it is expedient to pass following order: ORDER 1. Notice of Motion No. 3820/2019 is rejected with costs of Rs.2,000/ to be paid to the plaintiff by defendants. 2. Notice of Motion is disposed of accordingly. 16/11/2019 M.SALMAN AZMI CITY CIVIL COURT, GR.MUMBAI. Dictated on : 16/11/2019 Transcribed on : 23/11/2019 Signed on : 26/11/2019 6 -- 5 of 6 -- 6 'CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER”. 26/11/19 at 5.03 pm. MRS.T.C.KAMBLE Name of the Judge HHJ SHRI M.S.AZMI, CR NO.1 Date of Pronouncement of judgment/order 16/11/2019 Judgment and order signed by P.O. 26/11/2019 Judgment/order uploaded on 26/11/2019 -- 6 of 6 --
