Citation : 2021 Latest Caselaw 4827 AP
Judgement Date : 24 November, 2021
HIGH COUR1T OF ANDHRA PRADESH :: AMARAVATI
MAIN CASE No: W.P.No.26074 of 2021
PROCEEDING SHEET
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24.11.2021 DVSS, J
I.A.No.1 of 2021
Heard learned counsel for the petitioner.
Learned Government Pleader again seeks
time to file counter.
On 11.11.2021 an order was passed that if
instructions are not obtained, the Court will
have to hear the petitioner.
The petitioner in this case wishes to lease
his property to the State Bank of India. He is
the successful tenderer in a public auction
and the State Bank of India agreed to take the
said building on lease.
The respondents had objected to the
registration of the lease stating that the property was included under section 22-A of the Registration Act. The chronology and flow of title shows that the property was originally mortgaged to the Kadapa District Cooperative Central Bank Ltd. When the borrower defaulted in the payment of loan, the property was auctioned in E.P.No.804/06-07. The successful purchaser is one R.Nageswara Rao, who has sold the property and ultimately the petitioner's vendor acquired part of the property. A building was also constructed after obtaining permission from the authorities.
The legal issue raised about the property is about mortgage of property, which is characterised as assigned land, once it is sold in a public auction. Once it is sold in an SL. DATE ORDER OFFICE NO. NOTE auction after the mortgage, it is submitted that it is no longer "assigned land". Learned counsel for the petitioner relies upon the judgment of the Division Bench reported in Sub Registrar, Srikalahasthi v. K.Guravaiah and another (2009 (3) ALT 85). After perusing the facts and the law on the subject, including the judgment of the Hon'ble Supreme Court of India in Civil Appeal No.4019 of 2018, this Court is of the opinion that there can be a direction to the 6th respondent to register the lease deed that is presented by the petitioner. The respondent is directed to give a provisional registration to the said lease deed. It is also clarified that the registration shall be subject to the final result of the writ petition that is now pending in the high Court.
In line with the judgment of the Hon'ble Supreme Court, the petitioners shall not be entitled to claim any additional equity. They cannot either transfer the property further without obtaining an order from the Court. With these directions, this application is allowed. The 6th respondent shall provisionally register the document if the same is otherwise in order. The entire process should be completed within a period of four (4) weeks from the date of receipt of a copy of this order.
____________ DVSS,J WP.No.26074 of 2021
List on 29.12.2021 for counter.
____________
DVSS,J
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KLP
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