https://www.taxtmi.com/caselaws?id=369003 The court ruled in favor of the petitioner, holding that the charge created by the Central Excise Department over a property already mortgaged to a bank was invalid. The court emphasized the priority of secured creditors over government departments in realizing debts, citing legal provisions and previous judgments. Additionally, the court affirmed the rights of a third-party purchaser who acquired the property through a legitimate public auction process, directing the removal of the charge created by the Central Excise Department. en-us Mon, 01 Oct 2018 00:00:00 +0530 Wed, 17 Oct 2018 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369003 The court ruled in favor of the petitioner, holding that the charge created by the Central Excise Department over a property already mortgaged to a bank was invalid. The court emphasized the priority of secured creditors over government departments in realizing debts, citing legal provisions and previous judgments. Additionally, the court affirmed the rights of a third-party purchaser who acquired the property through a legitimate public auction process, directing the removal of the charge created by the Central Excise Department. Case-Laws Central Excise Mon, 01 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369003