1. In case, parties do not accept Market Value as determined by the Sub Registrar, what is the remedy available?
The parties can asl the SR to refer their case to the Collector of the district for determination of true market value and it is binding on the SR to do so.

2. What does the collector of the District do on receipt of a reference from the Sub Registrar?
The collector issues notices to the parties, allows them to produce evidence, grants them hearing, some time he even does site inspection and finally devides the Market Value of the property which is accordingly informed to the parties.

3. What remedy is available in the parties , in case they do not agree with the true Market Value of the property as divided by the Collector of District?
Ans: The parties can go in apeal to the Deputy IGR and Dy. Controller of Stamps of the region v/s 32B of the Bombay Stamp Act 1958

4. Is the decision in appeal given by the DIG binding on the parties? Can they go in appeal or revision against this order?
Ans: Decision given by the DIG is binding on the parties. There is no provision of appeal or application for revision against this order.

5. What is meant by adjudication of Instruments?
Ans: Sec. 31 of Bombay Stamp Act deals with the adjudication of the intruments. It means determining the changeability of Stamp Duty on instruments.

6. Which authority is to be approached for adjudication?
Ans: The authority to be approached is the Collector of Stamps appointed in each District.

7. How does one apply for adjudication?
Ans: Application for adjudication should be accompanied by true or an abstract of instrument and also with such affidavit or other evidences as may be necessary to prove that all facts affecting the changeability of the instrument have been truely set forth in the instrument alongwith the proof of payment of RS. 25 as adjudication fees.