https://www.taxtmi.com/caselaws?id=439920 A secured creditor with a prior mortgage registered with CERSAI was held to have priority over later State tax dues, because Section 26-E of the SARFAESI Act gives precedence to a duly registered security interest and an unregistered departmental attachment cannot defeat it. The Court also found that revenue entries, mutation and the department's encumbrance could not override the auction purchaser's title or block registration of the sale certificate. The departmental lien and charge were therefore ineffective against the secured creditor's registered claim, and the sale certificate had to be registered free from that encumbrance. en-us Wed, 28 Jun 2023 00:00:00 +0530 Wed, 05 Jul 2023 21:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439920 A secured creditor with a prior mortgage registered with CERSAI was held to have priority over later State tax dues, because Section 26-E of the SARFAESI Act gives precedence to a duly registered security interest and an unregistered departmental attachment cannot defeat it. The Court also found that revenue entries, mutation and the department's encumbrance could not override the auction purchaser's title or block registration of the sale certificate. The departmental lien and charge were therefore ineffective against the secured creditor's registered claim, and the sale certificate had to be registered free from that encumbrance. Case-Laws Central Excise Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439920