A.K.S.Housing Development and Company Private Ltd. v. Cfm Asset Reconstruction Pvt. Ltd.
Case brief
What is this about?
Madras High Court common order, 05.03.2025, W.P.Nos.2715 of 2025 & 22724 of 2024, K.R.Shriram CJ and Mohammed Shaffiq J. SARFAESI auction purchaser (A.K.S. Housing Development Company Private Ltd.) sought mandamus against CFM Asset Reconstruction Pvt. Ltd. for handover of physical possession of property bought in auction sale of 30.08.2022 (sale certificate dated 19.03.2024); CFM sought police protection to implement Chief Metropolitan Magistrate, Egmore possession order dated 10.08.2023 in Crl.MP.No.5305 of 2020. Additional Public Prosecutor undertook police protection and co-operation on the date and time indicated by petitioner/R1 in W.P.No.2715 of 2025, one day advance notice required; undertakings accepted; both petitions disposed of, no costs. Keywords: Article 226, writ of mandamus, SARFAESI Act, auction sale, sale certificate, police protection, advocate commissioner, undertaking, disposed.