Sale and issuance of a sale certificate as per Rule 9 (7) of the rules is a complete and absolute sale for the purpose of SARFAESI Act and the same need not be registered under the provisions of the Registration Act.

dated 10.08.2007 in WA(MD) Nos.145 & 146 of 2007 in 

CDJ 2007 MHC 2046 

[K.Chidambara Manickam V. Shakeena and others] 

wherein it was held that sale of the secured asset in public auction as per Section 13(4) of the SARFAESI Act, which ended in issuance of a sale certificate as per Rule 9 (7) of the rules is a complete and absolute sale for the purpose of SARFAESI Act and the same need not be registered under the provisions of the Registration Act.