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Phoenix Arc Private Limited vs Sub Registrar
2023 Latest Caselaw 356 Ker

Citation : 2023 Latest Caselaw 356 Ker
Judgement Date : 11 January, 2023

Kerala High Court
Phoenix Arc Private Limited vs Sub Registrar on 11 January, 2023
W.P. (C) Nos. 30792 & 30822 of 2022
                                         ..1..


                     IN THE HIGH COURT OF KERALA AT ERNAKULAM

                                        PRESENT

                      THE HONOURABLE MR. JUSTICE GOPINATH P.

          WEDNESDAY, THE 11TH DAY OF JANUARY 2023 / 21ST POUSHA, 1944

                              WP(C) NO. 30792 OF 2022

PETITIONER:

               PHOENIX ARC PRIVATE LIMITED
               (ACTING IN ITS CAPACITY AS TRUSTEE
               OF PHOENIX TRUST FY17-8),
               HAVING ITS REGISTERED OFFICE AT 5TH
               FLOOR, DANI CORPORATE PARK, 158,
               CST ROAD, KALINA, SANTA CRUZ(E),
               MUMBAI
               REPRESENTED BY ITS AUTHORISED
               OFFICER MR. HARSH MAGIA, PIN - 400098
               BY ADVS.
               MANSOOR.B.H.
               SAKEENA BEEGUM

RESPONDENTS:

      1        SUB REGISTRAR
               SUB REGISTRAR OFFICE, THRITHALA,
               PALAKKAD, PIN - 679354
      2        VILLAGE OFFICER
               THRITHALA VILLAGE OFFICE, THRITHALA
               PALAKKAD, PIN - 679354
      3        RAHMA NADIRSHA
               SWASTHAM, NOCHEEMAKARA,
               ALUVA EAST VILLAGE, ALUVA TALUK,
               ERNAKULAM DISTRICT, W/O. P.A.
               NADIRSHA, PAREKOTTIL HOUSE,
               NOCHEEMA, NAD(POST), ALUVA,
               ERNAKULAM DISTRICT, PIN - 683514
      4        U. ABDULLA
               S/O URATHODIYIL ALIKUTTY,
               OORATHODIYIL HOUSE, THRITHALA
               VILLAGE, AMSOM, DESOM & POST,
               PATTAMBI TALUK, THRUTHALLA
               DESOM., PIN - 695068

THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 11.01.2023, THE COURT ON

THE SAME DAY DELIVERED THE FOLLOWING:
 W.P. (C) Nos. 30792 & 30822 of 2022
                                         ..2..


                     IN THE HIGH COURT OF KERALA AT ERNAKULAM

                                        PRESENT

                      THE HONOURABLE MR. JUSTICE GOPINATH P.

          WEDNESDAY, THE 11TH DAY OF JANUARY 2023 / 21ST POUSHA, 1944

                               WP(C) NO. 30822 OF 2022

PETITIONER:

               PHOENIX ARC PRIVATE LIMITED,
               (ACTING IN ITS CAPACITY AS TRUSTEE OF
               PHOENIX TRUST FY17-8),
               HAVING ITS REGISTERED OFFICE AT 5TH
               FLOOR, DANI CORPORATE PARK, 158, CST
               ROAD, KALINA, SANTA CRUZ(E),
               'MUMBAI ,
               REPRESENTED BY ITS AUTHORISED OFFICER
               MR. HARSH MAGIA, PIN - 400098
               BY ADVS.
               MANSOOR.B.H.
               SAKEENA BEEGUM


RESPONDENTS:

      1        SUB REGISTRAR

               SUB REGISTRAR OFFICE, THRITHALA,
               PALAKKAD , PIN - 679354
      2        VILLAGE OFFICER

               THRITHALA VILLAGE OFFICE, THRITHALA
               PALAKKAD, PIN - 679354
      3        MUHAYUDHEEN MOULAVI
               S/O. MAYAMU, MELEYIL HOUSE,
               WORKING IN MOSQUE, KATTUKANPAL
               VILLAGE, DESOM & POST, THALAPPILLY
               TALUK, THRISSUR DISTRICT, PIN - 679534
      4        U. ABDULLA
               S/O. OORATHODIYIL ALIKUTTY,
               OORATHODIYIL HOUSE, THRITHALA
               VILLAGE, AMSOM, DESOM & POST,
               PATTAMBI TALUK, THRITHALA DESOM., PIN - 679534
               BY ADV ADVOCATE GENERAL OFFICE KERALA

THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 11.01.2023, THE COURT ON

THE SAME DAY DELIVERED THE FOLLOWING:
 W.P. (C) Nos. 30792 & 30822 of 2022
                                      ..3..




                             JUDGMENT

These Writ Petitions have been filed by an asset

reconstruction company. The said company brought to

sale an item of property belonging to the 4 th respondent in

W.P.(C)No. 30822/2022. It appears that there were

attachments obtained in respect of the said property by

the 4th respondent in W.P.(C)No.30822/2022 and the 3 rd

respondent in W.P.(C) No. 30792/2022.

2. The learned counsel appearing for the petitioners

(common in these cases) would submit that the

attachment obtained by the 3rd respondent in W.P.(C) No.

30792/2022 was in O.S. No. 36/2016 on the file of the

Subordinate Judge's Court, Ottappalam, while the

attachment obtained by the 4th respondent in W.P.(C) No.

30822/2022 was in O.S.No. 37/2016 on the file of the

same court. It is pointed out with reference to Ext.P4 W.P. (C) Nos. 30792 & 30822 of 2022 ..4..

document produced in both the Writ Petitions that the

aforesaid original suits have been dismissed for non-

payment of the balance court fee. It is submitted that in

such circumstances, the orders of attachment before

judgment obtained in those original suits at the

interlocutory stage no longer subsist, and any entry

regarding the attachments obtained in O.S Nos. 36/2016

and 37/2016 both on the file of the Subordinate Judge's

Court, Ottappalam will have to be effaced.

3. In the light of the law laid down by this court by

the Division Bench of this court in Travancore

Devaswam Board v. Deputy Examiner, Local Fund

Audit and others [2020 (3) KHC 129], this court has

been issuing directions for registration of sale certificates

issued under the provisions of the SARFAESI Act where it

has been found that the attachments in question have

been obtained after the date of creation of the mortgage. W.P. (C) Nos. 30792 & 30822 of 2022 ..5..

However, such a direction cannot be issued in these cases

as it is fairly admitted by the learned counsel appearing for

the petitioners in these cases that there are several other

attachments in respect of the very same property.

4. Having regard to the aforesaid facts, these Writ

Petitions will stand disposed of directing that the details of

attachments obtained in O.S. Nos. 36 & 37 of 2016 on the

file of the Subordinate Judges Court, Ottappalam shall be

effaced from the record of encumbrance maintained by the

1st respondent.

These Writ Petitions are disposed of as above.

Sd/-

GOPINATH P.

JUDGE RMV W.P. (C) Nos. 30792 & 30822 of 2022 ..6..

APPENDIX OF WP(C) 30792/2022

PETITIONER EXHIBITS Exhibit P1 COPY OF THE ONLINE E AUCTION NOTICE DATED 7/1/2022 Exhibit P2 COPY OF THE SALE CONFIRMATION LETTER DATED 4/2/2022 INFAVOUR OF SUCCESSFUL BIDDERS.

Exhibit P3 COPY OF THE CERTIFICATE OF ENCUMBRANCE OF PROPERTY DATED 3/9/2021 ISSUED BY THE FIRST RESPONDENT Exhibit P4 TRUE COPY OF THE ORDER IN O.S.NO.37/2019 OF SUB COURT, OTTAPPALAM.

Exhibit P5 COPY OF THE JUDGMENT DATED 27/10/2021 IN W.P(C) NO.16067/2021 OF THIS HON'BLE COURT W.P. (C) Nos. 30792 & 30822 of 2022 ..7..

APPENDIX OF WP(C) 30822/2022

PETITIONER EXHIBITS Exhibit P1 COPY OF THE E AUCTION NOTICE DATED 7/1/2022 Exhibit P2 COPY OF THE SALE CONFIRMATION LETTER DATED 4/2/2022 INFAVOUR OF SUCCESSFUL BIDDERS Exhibit P3 COPY OF THE CERTIFICATE OF ENCUMBRANCE OF PROPERTY DATED 3/9/2021 ISSUED BY THE 1ST RESPONDENT Exhibit P4 TRUE COPY OF THE ORDER IN O.S 36/2016 OF SUB COURT OTTAPALAM Exhibit P5 COPY OF THE JUDGEMENT DATED 27/10/2021 IN W.P(C) NO:16067/2021 OF THIS HON'BLE COURT

RESPONDENTS' EXHIBITS:NIL

TRUE COPY

P.A.TO JUDGE

 
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