https://www.taxtmi.com/caselaws?id=283487 A prior attachment before judgment does not defeat the statutory priority of a secured creditor to enforce security interest and register the resulting sale certificate. Applying the non obstante clauses in Section 26E of the SARFAESI Act and Section 31B of the RDB Act, the Court held that secured debts have priority over other debts and government dues once the security interest is registered. On that basis, the attachment entry was not a bar to registration of the sale certificate issued in favour of the auction purchaser, and the objection to registration was rejected. en-us Tue, 18 Dec 2018 00:00:00 +0530 Tue, 24 Sep 2019 20:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283487 A prior attachment before judgment does not defeat the statutory priority of a secured creditor to enforce security interest and register the resulting sale certificate. Applying the non obstante clauses in Section 26E of the SARFAESI Act and Section 31B of the RDB Act, the Court held that secured debts have priority over other debts and government dues once the security interest is registered. On that basis, the attachment entry was not a bar to registration of the sale certificate issued in favour of the auction purchaser, and the objection to registration was rejected. Case-Laws Indian Laws Tue, 18 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283487