https://www.taxtmi.com/caselaws?id=777276 Competing claims over sale proceeds of mortgaged property required the High Court to first hear all necessary parties before deciding priority between provident fund dues and secured debt. The Supreme Court noted that the secured creditor had not been impleaded before the High Court, although it was later heard in appeal. It directed that the rival claims of first charge and statutory priority under the relevant provident fund and securitisation provisions be examined after impleading the secured creditor and allowing exchange of pleadings and hearing. The impugned order was set aside and the writ petition remanded for fresh decision in accordance with law. en-us Tue, 26 Aug 2025 00:00:00 +0530 Thu, 28 Aug 2025 08:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777276 Competing claims over sale proceeds of mortgaged property required the High Court to first hear all necessary parties before deciding priority between provident fund dues and secured debt. The Supreme Court noted that the secured creditor had not been impleaded before the High Court, although it was later heard in appeal. It directed that the rival claims of first charge and statutory priority under the relevant provident fund and securitisation provisions be examined after impleading the secured creditor and allowing exchange of pleadings and hearing. The impugned order was set aside and the writ petition remanded for fresh decision in accordance with law. Case-Laws Indian Laws Tue, 26 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777276