https://www.taxtmi.com/caselaws?id=752991 A registered secured creditor's prior CERSAI-recorded mortgage and charge prevail over a later State tax attachment and property-card entry under Chapter IV-A of the SARFAESI Act, including Sections 26-B to 26-E. Where the security interest was registered before the tax authorities' encumbrance, the secured creditor is entitled to deletion of the State's encumbrance on enforcement of the secured asset. The State Tax Authorities retain only a right to any surplus sale proceeds remaining after satisfaction of the secured debt. en-us Mon, 01 Apr 2024 00:00:00 +0530 Wed, 22 May 2024 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752991 A registered secured creditor's prior CERSAI-recorded mortgage and charge prevail over a later State tax attachment and property-card entry under Chapter IV-A of the SARFAESI Act, including Sections 26-B to 26-E. Where the security interest was registered before the tax authorities' encumbrance, the secured creditor is entitled to deletion of the State's encumbrance on enforcement of the secured asset. The State Tax Authorities retain only a right to any surplus sale proceeds remaining after satisfaction of the secured debt. Case-Laws VAT and Sales Tax Mon, 01 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752991