https://www.taxtmi.com/caselaws?id=310370 After registration of the security interest, a secured creditor's claim has priority over State tax dues and other governmental dues under the SARFAESI Act, and that priority prevails over inconsistent State action. The Act's overriding effect means attachment entries cannot defeat a valid enforcement process or obstruct registration of a sale certificate issued in favour of an auction purchaser. Accordingly, refusal to register the sale certificate on the basis of State tax claims and attachment entries is not legally sustainable. en-us Wed, 16 Aug 2023 00:00:00 +0530 Fri, 20 Oct 2023 10:16:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310370 After registration of the security interest, a secured creditor's claim has priority over State tax dues and other governmental dues under the SARFAESI Act, and that priority prevails over inconsistent State action. The Act's overriding effect means attachment entries cannot defeat a valid enforcement process or obstruct registration of a sale certificate issued in favour of an auction purchaser. Accordingly, refusal to register the sale certificate on the basis of State tax claims and attachment entries is not legally sustainable. Case-Laws VAT and Sales Tax Wed, 16 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310370