https://www.taxtmi.com/caselaws?id=272152 The Court held that Sales Tax authorities do not have a charge on the properties of the company in liquidation. It clarified that sales tax dues are not considered taxes related to the property but liabilities of the company. The purchaser was not obligated to pay past sales tax dues, as the sale terms only covered taxes directly related to the property. The Court emphasized the application of Section 530 of the Companies Act, 1956, prioritizing debts in liquidation. The Sales Tax Department was directed to remove their claim from the records, ensuring the applicant's clear title to the property. en-us Wed, 29 Jul 2015 00:00:00 +0530 Mon, 29 Feb 2016 01:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272152 The Court held that Sales Tax authorities do not have a charge on the properties of the company in liquidation. It clarified that sales tax dues are not considered taxes related to the property but liabilities of the company. The purchaser was not obligated to pay past sales tax dues, as the sale terms only covered taxes directly related to the property. The Court emphasized the application of Section 530 of the Companies Act, 1956, prioritizing debts in liquidation. The Sales Tax Department was directed to remove their claim from the records, ensuring the applicant's clear title to the property. Case-Laws Companies Law Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272152