HON'BLE SRI JUSTICE K.SARATH

ORDER:

Heard Sri Muralidhar Patnaik K.V., learned Standing Counsel for the petitioner-bank, Smt. S. Sravanthi, learned Assistant Government Pleader for Stamps and Registration, appearing for the respondent Nos.1 to 4, Sri Sistla Venkata Suresh, learned counsel for the respondent No.6 and Sri G. Krishna Sairam, learned counsel for the respondent Nos.10 and 11 and perused the material available on record.

2. This writ petition is filed seeking for a direction to the respondent No.4/Sub-Registrar, Azampura, Hyderabad, to delete the property viz., H.No.18/A, M.C.H.No.16-02-835/35 admeasuring 388.88 sq yds in plot No.23 admeasuring 466.67 sq. yds. in Sy. No.103/2 & 103/3 situated at Saidabad Colony, Hyderabad (hereinafter referred to as ‘subject property”) from the list of prohibited properties and to register the Sale Certificate issued by the petitioner bank in favour of the respondent Nos.10 and 11-auction purchasers, under Rule 9 (6) of the Security Interest (Enforcement) Rules, 2002.

3. The learned Standing Counsel for the petitioner-bank submits that originally, the subject property was purchased by the respondent Nos.7 to 9 by obtaining loan facility. L