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M/S.Phoenix Arc Private Limited vs The Sub-Registrar
2021 Latest Caselaw 12820 Mad

Citation : 2021 Latest Caselaw 12820 Mad
Judgement Date : 30 June, 2021

Madras High Court
M/S.Phoenix Arc Private Limited vs The Sub-Registrar on 30 June, 2021
                                                                                W.P.No.6224 of 2021

                              IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                              DATED: 30.06.2021

                                                    CORAM:

                            THE HONOURABLE MR.JUSTICE V.BHARATHIDASAN
                                              W.P.No.6224 of 2021

                  M/s.Phoenix ARC Private Limited,
                  Dani Corporate Part,
                  rep. By its Authorised representative
                  Mr.Sailesh Iyengar                                             ... Petitioner

                                                          Vs.

                  1. The Sub-Registrar,
                     Kangeyam Road,
                     Ponmuthu Nagar,
                     Nallur, Thiruppur,
                     T.N. - 641 606.

                  2. Mr.Manikandan,
                     S/o. R.Rajendran                                          ... Respondents



                  Prayer : Writ Petition under Article 226 of the Constitution of India praying

                  for the issuance of a Writ of Mandamus directing the 1st Respondent to

                  consider the application dated 11.02.2021 filed for permitting the petitioner

                  to register the sale certificate dated 05.02.2021 issued in favour of the 2nd

                  respondent or in the event of submission and any other and further reliefs.



https://www.mhc.tn.gov.in/judis/
                  1/5
                                                                                  W.P.No.6224 of 2021

                                    For Petitioner   :     Mr.V.Balasubramani

                                    For Respondent   :     Mr.Yogesh Kannadasan,
                                                           Government Advocate for R1

                                                         ORDER

(The case has been heard through video conference)

The Writ Petition has been filed seeking a direction directing the 1st

respondent to consider the application dated 11.02.2021 filed for permitting

the petitioner to register the sale certificate dated 05.02.2021 issued in

favour of 2nd respondent.

2. The grievance of petitioner is that, the petitioner company is a

registered Securitisation and Asset Reconstruction company. Earlier, they

have brought the property comprised in Survey No. 131/3, situated at

Veerapandi Village, Murugambampalayam Panchayat Board, Nallur

Thiruppur District for sale under the SARFAESI Act, in which the 2nd

respondent was a successful bidder, he has remitted entire sale consideration

and a sale certificate was also issued to him on 27.01.2021. Thereafter, the

petitioner and the 2nd respondent, who was a highest bidder have presented

the same before 1st respondent for registration on 11.02.2021. But, the 1st

respondent Sub-Registrar had refused to register the same on the ground that

https://www.mhc.tn.gov.in/judis/

W.P.No.6224 of 2021

some third party had filed a suit against original borrower and also obtained

an order of attachment against the property. In the said circumstances, the

sale certificate could not be registered. Hence, the present Writ Petition has

been filed by the petitioner with the above said prayer.

3. Mr. Yogesh Kannadasan, learned Government Advocate appearing

for 1st respondent, on instructions, would submit that the 1st respondent did

not receive any sale certificate for registration and if the sale certificate is

produced, it would be considered by the 1st respondent in accordance with

law.

4. Mr.V.Balasubramani, learned counsel appearing for petitioner

would submit that, the petitioner has already submitted a sale certificate, but,

1st respondent has orally refused to register the same. He would also submit

that the petitioner is ready and willing to submit sale certificate within a

period of two weeks from the date of receipt of copy of this order. He would

further submit that the 1st respondent cannot refuse to register sale certificate

on the ground that, an order of attachment has been passed in respect of

property and this Court in number of judgments has held that the order of

attachment is not a bar for registering sale certificate. https://www.mhc.tn.gov.in/judis/

W.P.No.6224 of 2021

5. I have considered rival submissions made by learned counsel

appearing for petitioner as well as learned Government Advocate and

perused the records.

6. Considering the above facts and circumstances, the petitioner is

directed to submit sale certificate before the 1st respondent Sub-Registrar

within a period of two weeks from the date of receipt of copy of this order.

On receipt of sale certificate, the 1st respondent is directed to consider the

same and register it, if the sale certificate is found to be in order. It is also

made clear that the 1st respondent Sub-Registrar cannot refuse to register sale

certificate on the ground that the property has been attached by a civil court,

as this Court in number of cases has clearly held that, the order of attachment

is not a bar for registering the sale certificate.

7. In the result, this Writ Petition stands disposed of with the above

direction. No costs.

30.06.2021 rpp

To Sub-Registrar, Kangeyam Road, Ponmuthu Nagar, Nallur, Thiruppur, T.N. - 641 606.

https://www.mhc.tn.gov.in/judis/

W.P.No.6224 of 2021

V.BHARATHIDASAN, J.

rpp

W.P.No.6224 of 2021

30.06.2021

https://www.mhc.tn.gov.in/judis/

 
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