Bare ActsThe KARNATAKA COURT-FEE AND SUITS VALUATION ACT, 1958.

Section 40

Suits for specific performance

Amendment status not verified — confirm the current text below against the official source.

Suits for specific performance.- In a suit for specific performance, whether with or without possession, fee shall be payable,— (a) in the case of a contract of sale, computed on the amount of the consideration; (b) in the case of a contract of mortgage, computed on the amount agreed to be secured by the mortgage; (c) in the case of a contract of lease, computed on the aggregate amount of the fine or premium, if any, and of the average of the annual rent agreed to be paid; (d) in the case of a contract of exchange, computed on the amount of the consideration, or as the case may be, on the market value of the property sought to be got in exchange; (e) in other cases, where the consideration for the promise sought to be enforced has a market value, computed on such market value or where such consideration has no market value, at the rates specified in section 47.

Section 40 – The KARNATAKA COURT-FEE AND SUITS VALUATION ACT, 1958. | DailyLaw.ai