https://www.taxtmi.com/caselaws?id=335817 A purchaser of secured assets in a bank auction, who bought without actual or constructive notice of outstanding municipal tax dues, was not liable for property tax arrears relating to the period before purchase. The Gujarat HC applied the principle that a transferee for value without notice is not bound by a prior charge unless the governing law expressly makes that charge enforceable against the purchaser. Because the auction notice and sale certificates did not disclose the municipal dues, the corporation could not recover the pre-purchase dues from the petitioners. Recovery against the erstwhile owner was left open, and the recovery demand for the prior period was set aside. en-us Thu, 01 Dec 2016 00:00:00 +0530 Sat, 10 Dec 2016 08:29:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335817 A purchaser of secured assets in a bank auction, who bought without actual or constructive notice of outstanding municipal tax dues, was not liable for property tax arrears relating to the period before purchase. The Gujarat HC applied the principle that a transferee for value without notice is not bound by a prior charge unless the governing law expressly makes that charge enforceable against the purchaser. Because the auction notice and sale certificates did not disclose the municipal dues, the corporation could not recover the pre-purchase dues from the petitioners. Recovery against the erstwhile owner was left open, and the recovery demand for the prior period was set aside. Case-Laws Indian Laws Thu, 01 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335817