THE HON’BLE SRI JUSTICE N.R.L. NAGESWARA RAO CIVIL REVISION PETITION No.867 OF 2009 O R D E R: The revision is filed against the order in E.P.No.1 of 2005 in O.S.No.2 of 2001 on the file of the II Additional District Judge, Kurnool. The decree-holder has filed the execution petition for execution of a sale deed in pursuance of an agreement of sale dated 18.11.1989, which was decreed. Thereafter, the sale deed was presented showing the valuation of the property as on the date of the agreement of sale and the Sub-Registrar has taken objection stating that the valuation for registration should be as on the date of the presentation of the document and also further took an objection that the valuation of the machinery, which is said to be existing, was not shown and therefore, proper valuation has to be made. Thereafter, after hearing the objections of the decree holder and other side, the learned District Judge upheld both the objections. 2. So far as the valuation to be adopted with regard to registration of the property is concerned, there is no dispute in view of the fact that in the decision reported in District Registrar and Collector, Visakhapatnam Vs. Y.Purnachandra Rao (2004(2) APLJ 21(SN)), wherein it was held by this Court that the value for the purpose of registration shall be on the date of presentation of the document. Therefore, the lower Court has rightly upheld the objection. 3. So far as the value of the machinery is concerned, evidently, the decree includes the machinery also. The learned counsel for the revision petitioner contends that the machinery has become defunct. Practically value to be given to the said machinery and the further proceedings are only being relied. Therefore, in view of the above circumstances, the lower Court is directed to appoint Commissioner to assess the value of the machinery and submit a report and thereafter, it shall be the basis of the valuation for registration and the lower Court shall complete the entire proceedings within three months from the date of this order. Accordingly, the Civil Revision Petition is disposed of. No costs. ______________________________ JUSTICE N.R.L.NAGESWARA RAO Date: 10.10.2011. INL