https://www.taxtmi.com/caselaws?id=198565 A sale of secured assets under the SARFAESI framework becomes complete and absolute on confirmation of the auction and issuance of the sale certificate under Rule 9(7), and no registration is required because a public-auction sale certificate is excluded from compulsory registration. The mortgagor's right of redemption under Section 60 of the Transfer of Property Act ends once the sale is completed, so tender of dues after the auction date and after confirmation cannot revive that right. Section 35 gives the Act overriding effect where there is inconsistency, and Section 37 operates only subject to that special enforcement regime. en-us Fri, 10 Aug 2007 00:00:00 +0530 Mon, 15 Jan 2024 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198565 A sale of secured assets under the SARFAESI framework becomes complete and absolute on confirmation of the auction and issuance of the sale certificate under Rule 9(7), and no registration is required because a public-auction sale certificate is excluded from compulsory registration. The mortgagor's right of redemption under Section 60 of the Transfer of Property Act ends once the sale is completed, so tender of dues after the auction date and after confirmation cannot revive that right. Section 35 gives the Act overriding effect where there is inconsistency, and Section 37 operates only subject to that special enforcement regime. Case-Laws Companies Law Fri, 10 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198565