Authority: High Court of Bombay at Goa

Order Date: 28 August 2026

Case Overview

  • Applicant: M/s Tahmar Enterprises Limited, represented by its Director, Shareholder and Authorized Signatory C.R. Rajesh Nair.
  • Respondent: M/s Ocean Pearl Sea Food, represented by Ms. Sneha Walter.
  • Advocates: Mr. Gopalkrishnan B for the Applicant; Ms. Priyanka Kamat for the Respondent.
  • The application (Misc. Civil Application No.502 of 2026) sought registration after removal of all office objections.
  • The Applicant had purchased the suit property in auction proceedings conducted under the SARFAESI Act, 2002 (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act).
  • The purpose was to implead the Applicant as an additional respondent (No. 9) in First Appeal No. 3037/2024(F).

Final Outcome

  • The Court, after confirming that office objections were cleared, ordered the application to be registered.
  • The application was allowed, recognizing the Applicant’s purchase of the suit property via SARFAESI‑Act auction.
  • Tahmar Enterprises Limited shall be impleaded as Respondent No. 9 in First Appeal No. 3037/2024(F).
  • The required amendment to the appeal must be filed within one week of this order.
  • The application was disposed of by Justice Valmiki Menezes.

Topics: Court Proceedings, Property Auction, SARFAESI Act