https://www.taxtmi.com/caselaws?id=270078 A prior mortgage and registered charge remained enforceable against the properties because the agreement to sell and later sale deeds were executed only after the money suit had been instituted. The later transfers could not override the bank's earlier secured interest, and the principle of lis pendens did not displace the pre-existing mortgage and charge. The challenge to the Recovery Officer's order also failed because the objection rejection order had attained finality without a statutory appeal, and the later writ challenge was not saved by Rule 68B on the facts. The secured claim therefore remained enforceable against the properties. en-us Fri, 17 Jul 2015 00:00:00 +0530 Mon, 28 Dec 2015 22:53:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270078 A prior mortgage and registered charge remained enforceable against the properties because the agreement to sell and later sale deeds were executed only after the money suit had been instituted. The later transfers could not override the bank's earlier secured interest, and the principle of lis pendens did not displace the pre-existing mortgage and charge. The challenge to the Recovery Officer's order also failed because the objection rejection order had attained finality without a statutory appeal, and the later writ challenge was not saved by Rule 68B on the facts. The secured claim therefore remained enforceable against the properties. Case-Laws Indian Laws Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270078