https://www.taxtmi.com/caselaws?id=166524 A prior lawful possession taken by a secured creditor under section 29 of the State Financial Corporations Act, 1951 prevails over a later sales tax attachment. The subsequent attachment cannot defeat the secured creditor's priority in the asset or prevent sale from that possession. On that basis, refusal to register the sale deed solely because of the later attachment was unsustainable, and the registration could not be denied on that ground alone. en-us Thu, 10 Feb 2011 00:00:00 +0530 Thu, 09 Oct 2014 08:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166524 A prior lawful possession taken by a secured creditor under section 29 of the State Financial Corporations Act, 1951 prevails over a later sales tax attachment. The subsequent attachment cannot defeat the secured creditor's priority in the asset or prevent sale from that possession. On that basis, refusal to register the sale deed solely because of the later attachment was unsustainable, and the registration could not be denied on that ground alone. Case-Laws VAT and Sales Tax Thu, 10 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166524