https://www.taxtmi.com/caselaws?id=221439 Section 24 of the Tamil Nadu General Sales Tax Act, 1959 creates a charge on the dealer's property, while Section 24-A voids transfers meant to defeat revenue but preserves transfers for adequate consideration made without notice of the tax liability or recovery proceedings. The Madras High Court applied notice principles under the Transfer of Property Act, 1882 and accepted that a statutory charge is not enforceable against a transferee for value without actual or constructive notice unless the statute clearly excludes that protection. On the stated facts, the purchaser's bona fides and absence of collusion or wilful abstention from inquiry brought the transfer within the proviso to Section 24-A, making the distraint order unsustainable. en-us Mon, 08 Oct 2012 00:00:00 +0530 Tue, 22 Jul 2014 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221439 Section 24 of the Tamil Nadu General Sales Tax Act, 1959 creates a charge on the dealer's property, while Section 24-A voids transfers meant to defeat revenue but preserves transfers for adequate consideration made without notice of the tax liability or recovery proceedings. The Madras High Court applied notice principles under the Transfer of Property Act, 1882 and accepted that a statutory charge is not enforceable against a transferee for value without actual or constructive notice unless the statute clearly excludes that protection. On the stated facts, the purchaser's bona fides and absence of collusion or wilful abstention from inquiry brought the transfer within the proviso to Section 24-A, making the distraint order unsustainable. Case-Laws VAT and Sales Tax Mon, 08 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221439