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    <title>2004 (1) TMI 391 - HIGH COURT OF ALLAHABAD</title>
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    <description>In a section 9 proceeding under the Arbitration and Conciliation Act, 1996, jurisdiction and valuation must be fixed by reference to the real subject-matter affected by the interim relief, as the court competent to decide the dispute if it were a suit. Where the relief sought restrained operation of a partnership bank account and stopped withdrawals, the affected property was the bank account carrying the cash credit limit, so that value governed court-fee and forum. The Court applied the amended Uttar Pradesh valuation principle under section 7(iv-B)(b) of the Court Fees Act, 1870, and noted that the arbitration rules under the earlier regime did not provide a separate valuation method for such petitions.</description>
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    <pubDate>Wed, 28 Jan 2004 00:00:00 +0530</pubDate>
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      <title>2004 (1) TMI 391 - HIGH COURT OF ALLAHABAD</title>
      <link>https://www.taxtmi.com/caselaws?id=109342</link>
      <description>In a section 9 proceeding under the Arbitration and Conciliation Act, 1996, jurisdiction and valuation must be fixed by reference to the real subject-matter affected by the interim relief, as the court competent to decide the dispute if it were a suit. Where the relief sought restrained operation of a partnership bank account and stopped withdrawals, the affected property was the bank account carrying the cash credit limit, so that value governed court-fee and forum. The Court applied the amended Uttar Pradesh valuation principle under section 7(iv-B)(b) of the Court Fees Act, 1870, and noted that the arbitration rules under the earlier regime did not provide a separate valuation method for such petitions.</description>
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      <pubDate>Wed, 28 Jan 2004 00:00:00 +0530</pubDate>
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