Edelweiss Asset Reconstruction Company Limited Vs the Inspector General of Registratio

¶1

WP No.20168 of 2025

¶2

IN THE HIGH COURT OF JUDICATURE AT MADRAS

¶3

DATED: 15-10-2025

¶4

CORAM

¶5

THE HONOURABLE MR JUSTICE KRISHNAN RAMASAMY

¶6

WP No.20168 of 2025

¶7

Edelweiss Asset Reconstruction Company Limited, Trustee of the EARC Trust-SC 483, Rep. By Its Authorised Signatory, Mr.Arvind Kumar Jha, Having its Register Office At Edelweiss House, Off C.S.T Road, Kalina, Mumbai-400 098.

¶8

Petitioner(s)

¶9

Vs

¶10

1.The Inspector General of Registration, Office of The Inspector General of Registration, No.100, Santhome High Road, Chennai-600 028.

¶11

2.The Sub Registrar, O/o.The Sub-Registrar Office, Chennai South Joint I, Saidapet, Integrated Building for Offices of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai-600 035

¶12

Respondent(s)

¶13

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

¶14

WP No.20168 of 2025

¶15

PRAYER:- Writ Petition filed under Article 226 of the Constitution of India, praying for an issuance of Writ of Mandamus, directing the 2nd respondent to register, release and handover the Assignment Agreement dated 24.9.2024 executed between the petitioner and HDB Financial services limited bearing No.P/I/553/2024 within a time frame.

¶16

For Petitioner(s): Mr.B.Sharmila For Respondent(s): Mr.U.Baranidharan Special Government Pleader

¶17

ORDER

¶18

nd This writ petition has been filed by the petitioner seeking to direct the 2

¶19

respondent to register, release and handover the Assignment Agreement dated 24.9.2024, executed between the petitioner and HDB Financial services limited

¶20

bearing No.P/I/553/2024.

¶21

2.Learned counsel for the petitioner would submit that the petitioner have entered into an Assignment Agreement dated 24.09.2024, for assignment

¶22

of certain debts of various borrowers along with underlying securities, in favour

¶23

of the petitioner Company and presented the said Assignment Agreement dated

¶24

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

¶25

WP No.20168 of 2025

¶26

24.09.2024 for registration before the 2nd respondent. However, till date the 2nd respondent has kept the document pending. Hence, the present writ petition has been filed seeking to register, release and handover the Assignment Agreement

¶27

dated 24.09.2024 forthwith.

¶28

3.Learned Special Government Pleader appearing for the respondents

¶29

would submit that since the 2nd respondent has to verify with various other SubRegistrar as regards the Assignment Agreement dated 24.09.2024, the delay has occurred in registering the same. He would further submit that within a period of two weeks, the 2nd respondent would register and release the Assignment Agreement dated 24.09.2024.

¶30

4.Heard the learned counsel for the petitioner as well as the learned

¶31

Special Government Pleader appearing for the respondents.

¶32

5.Considering the submissions made by either parties and in view of the

¶33

limited prayer sought for in this Writ Petition, without going into the merits of

¶34

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

¶35

WP No.20168 of 2025

¶36

the case, this Court directs the 2nd respondent to register, release and handover

¶37

the Assignment Agreement dated 24.09.2024, presented by the petitioner within

¶38

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

¶39

6.With the above direction, this writ petition is disposed of. There is no

order as to costs.

15-10-2025

rst

Index:Yes/No Speaking/Non-speaking order Internet:Yes Neutral Citation:Yes/No

¶44

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

¶45

WP No.20168 of 2025

¶46

To

¶47

1.The Inspector General Of Registration Office Of The Inspector General of Registration, No.100, Santhome High Road, Chennai-600 028.

¶48

2.The Sub Registrar, O/o.The Sub Registrar Office, Chennai South Joint I, Saidapet, Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai-600 035.

¶49

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

¶50

WP No.20168 of 2025

¶51

KRISHNAN RAMASAMY J.

¶52

rst

¶53

WP No.20168 of 2025

¶54

15-10-2025