https://www.taxtmi.com/caselaws?id=466138 Pledged sugar bags remained liable to recovery of provident fund dues because the bank's pledge created only a limited security interest, not ownership, and the employer retained title. The statutory priority attached to provident fund dues therefore prevailed, allowing attachment and sale of the goods. Section 11(2) was also construed broadly to include interest under Section 7-Q and damages under Section 14-B as amounts due from the employer, giving those sums priority over other debts. The bank's status as a secured creditor and the Essential Commodities Act did not alter that priority. en-us Mon, 01 Jul 2013 00:00:00 +0530 Tue, 27 Jan 2026 17:33:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466138 Pledged sugar bags remained liable to recovery of provident fund dues because the bank's pledge created only a limited security interest, not ownership, and the employer retained title. The statutory priority attached to provident fund dues therefore prevailed, allowing attachment and sale of the goods. Section 11(2) was also construed broadly to include interest under Section 7-Q and damages under Section 14-B as amounts due from the employer, giving those sums priority over other debts. The bank's status as a secured creditor and the Essential Commodities Act did not alter that priority. Case-Laws Indian Laws Mon, 01 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466138