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Saturday, September 12, 2020

writ of Mandamus declaring the action of 3rd respondent in not entertaining the sale certificate for registration on the ground that the market value has to be paid instead of value contained in the sale certificate, as illegal, arbitrary and direct the 3rd respondent to receive and register the sale certificate

 AP HIGH COURT 

Main NumberWP 9269/2020SR NumberWPSR 12241/2020
PetitionerSunkara GandhiRespondentThe State of Andhra Pradesh
Petitioner AdvocateP RAMA SHARANA SHARMARespondent AdvocateGP FOR REGISTRATION AND STAMPS AP

THE HON’BLE SRI JUSTICE K. SURESH REDDY


Writ Petition.No.9269 of 2020

ORDER:-

 This writ petition is filed under Article 226 of Constitution

of India to issue writ of Mandamus declaring the action of 3rd

respondent in not entertaining the sale certificate for registration

on the ground that the market value has to be paid instead of

value contained in the sale certificate, as illegal, arbitrary and

direct the 3rd respondent to receive and register the sale

certificate in respect of property vide Ac.0-34 cents situated in

Survey No.86/1, at Bantupalli Vari Kallalu Panchayat,

Vemulasavalsa Revenue Village, Aanandapuram Mandal,

Visakhapatnam District, being conveyed by the State Bank of

India, on behalf of Sri Tankala Harsha Teja, S/o T.Naidu.

2. Heard learned counsel for the petitioner and learned

Government Pleader for Stamps and Registration.

3. According to the petitioner, State Bank of India has

conducted a public auction in respect of the above said property

on 11.2.2020. The said property had been mortgaged by its

registered owner Tankala Harsha Teja having purchased the same

through registered sale deed from his previous vendor by name

Yenni Sunitha, W/o Yenni Srinivasa Rao vide Doc.No.2475/2013,

dated 6.12.2013. The said Tankala harsha Teja has mortgaged the

said property in favour of the State Bank of India as standing

guarantee of one IIHFL, for their loan. Since the said loan is not

repaid by IIHFL, the Bank has made their account Non Performing

Assets (NPA) and invoked the Securitization and Reconstruction of 

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Financial Assets and Enforcement of Securities Interest Act, 2002

(SARFAESI) proceedings and as a final resort, the property has

been put for auction on 11.2.2020. In that auction, the petitioner

has became highest bidder for a sum of Rs.35,00,000/- and soon

after he paid the entire auction sale price, on 18.5.2020 the

authorized officer of the Bank went to the office of 3rd

respondent for effecting the registration of sale certificate.

4. It is also averred by the petitioner that he remitted

the stamp duty of Rs.2,27,500/- as well as the registration fee of

Rs.35,000/-, totaling of Rs.2,62,700/- on the same day and

presented the sale certificate for registration. But, the 3rd

respondent refused to receive the same on the ground that the

stamp duty has to be paid as per the market price of the land and

not on the auction sale price. Hence, the writ petition.

5. The issue raised in the writ petition is squarely

covered by the decision of the Apex Court reported by its

Judgment dated 8.5.2009 in Civil Appeal No.3411 of 2009 (Arising

out of SLP (c) No.3920 of 2007) between V.N.Devadoss Vs. Chief

Revenue Control Officer-cum-Ins. and others.

6. The issue in the writ petition is also squarely covered

by the Judgment of this Court, dated 24.1.2014 in W.P.Nos.17600

of 2011 and 32791 of 2013, between Indian Bank, ARM Branch,

Coimbatore, Rep. by its Chief Manager and others Vs. The SubRegistrar, Nagari Mandal, Puttur Tq., Chittoor, Chittoor District,

Andhra Pradesh and others.

7. Since, the facts of the issue are squarely covered by

the above Judgments, the Writ Petition is allowed directing the

3rd respondent to receive the document pertaining to the property 

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in an extent of Ac.0-34 cents situated in Survey No.86/1, at

Bantupalli Vari Kallalu Panchayat, Vemulasavalsa Revenue Village,

Aanandapuram Mandal, Visakhapatnam District, and register the

same as per the value shown in the sale certificate as market

value for the determination of stamp duty and release the

document within a period of two months from the date of the

receipt of the copy of order.

There shall be no order as to costs.

Consequently, miscellaneous petitions, pending if any, shall

stand closed.


 _________________

 K. SURESH REDDY, J

9

th September,2020.

RPD 

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HON’BLE SRI JUSTICE K. SURESH REDDY


Writ Petition.No.9269 of 2020

Dated :09.09.2020

RPD