M.L. Yacob Sheriff (D) By Lrs vs Rajrani Devi

The Supreme Court addressed the method of valuation for fixation of 'fair rent' under Section 4(4) of the Tamil Nadu Buildings (Lease & Rent Control) Act, 1960. The Court held that the portion of land built upon by the tenant, with the landlord's permission, should not be valued as built-up land but rather as vacant land for the purpose of fair rent calculation. The ruling affirmed the concurrent decisions of the Rent Controller, Appellate Court, and High Court, emphasizing the interpretation of 'market value of the site' as defined in the Act.