https://www.taxtmi.com/caselaws?id=433620 State sales tax or VAT dues do not outrank a secured creditor enforcing its security interest under SARFAESI, and a later charge over the secured asset cannot defeat a valid auction sale. Where the bank had sold the property in exercise of SARFAESI powers and the auction purchasers obtained title through the sale certificate, the subsequent tax charge could not impair that title. A Sub-Registrar is therefore not justified in withholding registration or keeping the sale deed pending solely because of such a later charge. The administrative refusal and the tax charge were liable to be set aside. en-us Fri, 30 Sep 2022 00:00:00 +0530 Sun, 05 Feb 2023 20:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433620 State sales tax or VAT dues do not outrank a secured creditor enforcing its security interest under SARFAESI, and a later charge over the secured asset cannot defeat a valid auction sale. Where the bank had sold the property in exercise of SARFAESI powers and the auction purchasers obtained title through the sale certificate, the subsequent tax charge could not impair that title. A Sub-Registrar is therefore not justified in withholding registration or keeping the sale deed pending solely because of such a later charge. The administrative refusal and the tax charge were liable to be set aside. Case-Laws VAT and Sales Tax Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433620