$~57 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 16550/2025 M/S SUKH SAGAR AGRO INDUSTRIES .....Petitioner Through: Ms. Pratiti Rungta, Advocates versus JM FINANCIAL ASSET RECONSTRUCTION COMPANY LTD AND ORS .....Respondents Through: Mr. Nitin Kumar, Panel Counsel Advocate CORAM:

HON’BLE MR. JUSTICE ANISH DAYAL

O R D E R

% 31.10.2025

1. This petition has been filed seeking appropriate directions to respondent nos.1, 2 & 3 arising out of sale proceedings conducted under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI), whereby the petitioner was the auction purchaser, having been declared as the highest bidder and having depositing the amount of Rs. 40,55,000/- to respondent no.1, and beneficiary of a Sale Certificate issued under Rule 9(6) of the Security Interest (Enforcement) Rules 2002.

2. The grievance, however, arises from the inaction/omission of respondent no.1 (Asset Reconstruction Company) in not forwarding the said sale certificate to respondent no.2 and 3.

3. As per the counsel for petitioner, once the Sale Certificate is forwarded to respondent no.2 and 3, they are required to register the said sale i