Agreement to Sell is an ‘Instrument Securing Property’; Ad Valorem Court Fee Payable for Cancellation Suit: Allahabad High Court

In a significant ruling, a Larger Bench of the Allahabad High Court has held that an agreement to sell is an “instrument securing money or other property” and that any lawsuit seeking its cancellation must be valued for court fees on an ad valorem basis under Section 7(iv-A) of the Court Fees Act, 1870, as

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