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V.M.M.S.Madhava Mohan vs Sub Registrar on 13 April, 2017

In the said circumstances and taking note of the fact that the orders of attachment of the property in question were after the creation of equitable mortgage of the same with Federal Bank we do not find any reason to interfere with the impugned judgment passed by the learned Single Judge following the dictum in Madhan's case (supra), carrying the directions to effect mutation of the property as also to efface all encumbrance over the property effected after 27/06/2014, the date on which the property in question was mortgaged with Federal Bank".
Madras High Court Cites 4 - Cited by 14 - M Duraiswamy - Full Document

Phoenix Arc Private Limited vs The Sub Registrar on 2 August, 2021

9. This Court in Phoenix 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 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 W.P.(C). No.25 of 2024 :9: certified copy of the order/judgment of this Court in Book No.1 maintained by the Sub Registrar.
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