https://www.taxtmi.com/caselaws?id=177751 SC held that findings of impersonation, suppression and fraud against a housing society and its office bearers were unsupported on the facts, as the co-operative records and statutory framework did not establish that the later society had wrongfully assumed another entity's identity or secured allotment by deceit. The Court also held that undervaluation could not be sustained where an approved valuer's report, based on comparable instances and inspection, displaced the High Court's pricing approach and did not support a conclusion that the allotment price was unreasonably low. The adverse findings were set aside and the observations against the officials were deleted. en-us Wed, 03 Jan 2007 00:00:00 +0530 Mon, 18 Jan 2016 11:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177751 SC held that findings of impersonation, suppression and fraud against a housing society and its office bearers were unsupported on the facts, as the co-operative records and statutory framework did not establish that the later society had wrongfully assumed another entity's identity or secured allotment by deceit. The Court also held that undervaluation could not be sustained where an approved valuer's report, based on comparable instances and inspection, displaced the High Court's pricing approach and did not support a conclusion that the allotment price was unreasonably low. The adverse findings were set aside and the observations against the officials were deleted. Case-Laws Indian Laws Wed, 03 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177751