Cfm Asset Reconstruction Private ... vs Sub Registrar Of Assurances

ik-155909847 Bombay High Court 24 December 2025 • WRIT PETITION (L) NO. 36757 OF 2025; WRIT PETITION (L) NO. 36757 OF 2025; WRIT PETITION (L) NO. 36781 OF 2025 • 13 min read

Judges (2)

Farhan P. Dubash Coram R.I. Chagla Delivered

Counsel (8)

AMR Law Firm Aaria Parekh Counsel Petitioner Ashish Kamat Counsel Petitioner Munaf Virjee Counsel Petitioner Nitin Thakker Counsel Petitioner Shruti Salian Counsel Petitioner Tirtha Mukherjee Counsel Petitioner Vishnu Shriram Counsel Petitioner

Parties (4)

CFM Asset Reconstruction Private Limited Petitioner Harbour Heights Flat Owner Association Intervener Shree Naman Estate Project Private Limited Petitioner Sub Registrar of Assurances Respondent

Case Significance

Cfm Asset Reconstruction Private ... vs Sub Registrar Of Assurances is a Bombay High Court decision dated December 24, 2025 (citation: ik-155909847). CFM Asset Reconstruction and Shree Naman Estate Project filed connected writ petitions challenging the Sub-Registrar's refusal to register a sale certificate for a secured property under the SARFAESI Act. The Harbour Heights Flat Owner Association sought intervention but was rejected. The Court directed Shree Naman to pay the balance 75% purchase consideration and ordered the Sub-Registrar to register the sale certificate when issued by CFM, directing the Sub-Registrar not to act upon the imp The bench comprised Justices Farhan P. Dubash and R.I. Chagla. The judgment was delivered by Justice R.I. Chagla.

Summary

CFM Asset Reconstruction and Shree Naman Estate Project filed connected writ petitions challenging the Sub-Registrar's refusal to register a sale certificate for a secured property under the SARFAESI Act. The Harbour Heights Flat Owner Association sought intervention but was rejected. The Court directed Shree Naman to pay the balance 75% purchase consideration and ordered the Sub-Registrar to register the sale certificate when issued by CFM, directing the Sub-Registrar not to act upon the impugned letter refusing registration.

What was the outcome of Cfm Asset Reconstruction Private ... vs Sub Registrar Of Assurances?

CFM Asset Reconstruction and Shree Naman Estate Project filed connected writ petitions challenging the Sub-Registrar's refusal to register a sale certificate for a secured property under the SARFAESI ...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-155909847)