https://www.taxtmi.com/caselaws?id=150514 Section 33-A of the M. P. Sales Tax Act voids transfers made by a dealer during pending recovery proceedings if intended to defraud revenue, but its proviso protects a transfer for valuable consideration made without notice of those proceedings. The Court held that the expression "without notice of the proceedings" refers to the transferee, not merely the dealer, because the proviso is meant to save bona fide purchasers for value and would otherwise add little to the main rule. On that construction, a bona fide transferee without notice was protected and the attachment orders were quashed. en-us Wed, 22 Mar 1972 00:00:00 +0530 Fri, 17 May 2013 18:09:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150514 Section 33-A of the M. P. Sales Tax Act voids transfers made by a dealer during pending recovery proceedings if intended to defraud revenue, but its proviso protects a transfer for valuable consideration made without notice of those proceedings. The Court held that the expression "without notice of the proceedings" refers to the transferee, not merely the dealer, because the proviso is meant to save bona fide purchasers for value and would otherwise add little to the main rule. On that construction, a bona fide transferee without notice was protected and the attachment orders were quashed. Case-Laws VAT and Sales Tax Wed, 22 Mar 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150514