Suits Valuation Act, 1977 (1920 A. D.)
No: 37 Dated: Apr, 01 1978
THE SUITS VALUATION ACT, 1977 (1920 A. D.)
(Act No. XXXVII of Samvat 1977)
An Act to prescribe the mode of valuing certain suits for the purpose of determining the jurisdiction of Courts with respect thereto.
Whereas it is expedient to prescribe the mode of valuing certain suits for the purpose of determining the jurisdiction of Courts with respect thereto ;
It is hereby enacted as follows :-
1. Name, extent and commencement.—(1) This Act may be called the Suits Valuation Act, 1977.
(2) It extends to the whole of Jammu and Kashmir State. It shall come into force on the 1st day of Baisakh, 1978.
PART I
Suits relating to Land.
2. Omitted
3. Power of High Court to make rules determining value of land for jurisdictional purposes.—(1) The High Court may, with the previous sanction of [the Government], make rules for determining the value of land for purposes of jurisdiction in the suits mentioned in the Court-fees Act, section 7, paragraph (v) and (vi), and paragraph (x), clause (d).
(2) The rules may determine the value of any class of land, or of any interest in land, in the whole or any part of a local area and may prescribe different values for different places within the same local area.
4. Valuation of relief in certain suits relating to land not to exceed the value of the land.—Where a suit mentioned in the Court-fees Act, section 7, paragraph (iv), or Schedule II, article 17, relates to land or an interest in land of which the value has been determined by rules under the last foregoing section, the amount at which for purposes of jurisdiction the relief sought in the suit is valued shall not exceed the value of the land or interest as determined by those rules