JUDGMENT

(Prayer: Writ Petition filed under Article 226 of the Constitution of India, praying to issue a Writ of Mandamus, directing the first and second respondents to delete the following Note “Hon''ble High Court of Madras has appointed Official Liquidator attached to Hon''ble High Court as Provisional Liquidator of M/s. Sterling Tree Magnum (India) Limited. Hence Transfer of this Property is Prohibited Pending CP.No.73 of 2000” in Book 1 in the office of the second respondent in respect of the immovable property bearing T.S. No.6, Block No.7 of Adyar Village, Saidapet Taluk bearing Door No.105, Mount Road, Guindy, Chennai-600 032, with land measuring 24 grounds and 288 square feet (or about 5379 square metres) along with a building thereon measuring about 1,64,378 sq. feet of built-up area and a basement measuring about 31,700 square feet.)

1. The Commercial property bearing Door No.105, Mount Road, Guindy, Chennai-600 034 originally belonged to one Mr.Farrokh J. Irani and Mac Property Development Limited. The third respondent herein had purchased this subject property from them through a registered Sale Deed dated 16.02.1995. Prior to selling of the subject property to the petit