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2021 Supreme(Mad) 3115

M.M.SUNDRESH, S.ANANTHI
Tamilnad Mercantile Bank Limited, Chainthamani Branch – Appellant
Versus
Joint I Sub Registrar, O/o. the Joint I Sub Registrar – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr.N.Dilip Kumar
For the Respondent: Mr.K.Sathyasingh, Mr.Babu Rajendran, Mr.R.Gowri Shankar, Mr.H.Velavadhas

ORDER :

M.M.SUNDRESH, J.

1. As both the writ petitions involve the same issue and the second respondent in W.P.(MD)No.1101 of 2021 being the sister-concern of the second respondent in W.P.(MD)No.6976 of 2020, both the writ petitions are heard together and are disposed of by way of this common order.

2. The second respondent in both the writ petitions availed credit facilities from the petitioner Bank and executed loan documents in the year 2015. It was further renewed in the year 2017. The accounts became non-performing in the year 2018. A statutory demand notice was issued by the petitioner, followed by sale notice. The properties were brought up for sale in the year 2019. The respondents 7 & 8 in W.P.(MD)No.6976 of 2020 and the 7th respondent in W.P.(MD)No.1101 of 2021 became the successful bidders. In pursuant to the payment made, sale certificates were issued. When the aforesaid respondents along with the petitioner Bank went for registration, they were accordingly denied by the 1st respondent on the ground that the 9th respondent in W.P.(MD)No.6976 of 2020, who is also arrayed as 8th respondent in W.P.(MD)No.1101 of 2021, has lent financial assistance to the private respondents,

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