M/s. Pothys, v. The Inspector General of
Case brief
What is this about?
The Court held that an existing attachment order on a property does not justify the refusal to register a Sale Certificate under the SARFAESI Act, as registration does not extinguish the attachment but renders the document admissible in evidence. The writ was disposed of directing registration.
What did the court decide?
Writ petition disposed of directing the 2nd respondent to register the Sale Certificate and return the same within four weeks.