https://www.taxtmi.com/caselaws?id=195422 Tax demands arising from an assessment made after a company had already been ordered to be wound up did not acquire priority as crown debts. Such claims had to be dealt with under the winding-up framework in sections 529A and 530 of the Companies Act, 1956, and lodged with the Official Liquidator like other unsecured claims. Revenue entries based on the later assessment could not therefore be sustained and were required to be cancelled. The result was that the purchaser's title to the property in liquidation remained free from those adverse entries. en-us Thu, 28 Jan 2010 00:00:00 +0530 Mon, 30 Oct 2017 17:15:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195422 Tax demands arising from an assessment made after a company had already been ordered to be wound up did not acquire priority as crown debts. Such claims had to be dealt with under the winding-up framework in sections 529A and 530 of the Companies Act, 1956, and lodged with the Official Liquidator like other unsecured claims. Revenue entries based on the later assessment could not therefore be sustained and were required to be cancelled. The result was that the purchaser's title to the property in liquidation remained free from those adverse entries. Case-Laws Companies Law Thu, 28 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195422