State Bank Of India vs Sub Registrar on 6 February, 2024
8. This Court in Phoenic ARC Pvt. Ltd. v. Sub Registrar,
Feroke [2023 KHC Online 9452] while considering an identical
issue referring to Section 89(5) of the Registration Act, 1908 has
W.P.(C). No.40778 of 2023 :6:
held that since the attachment subsequent to creation of equitable
mortgage has lost its efficacy and has to be obliterated from the
records, the same can be done by the Sub Registrar by filing the
certified copy of the order/judgment of this Court in Book No.1
maintained by the Sub Registrar.