https://www.taxtmi.com/caselaws?id=466426 A secured creditor with prior CERSAI registration under section 26E of the SARFAESI Act was given priority over a later revenue attachment for sales tax dues, because the security interest was registered before the respondent's attachment and later CERSAI entry. The court also found that the revenue authorities had not shown compliance with the mandatory proclamation procedure required under the Maharashtra Land Revenue Code and the Realization of Land Revenue Rules, so the attachment could not override the secured creditor's statutory priority. The attachment, lien and related charges were therefore directed to be removed. en-us Mon, 08 Sep 2025 00:00:00 +0530 Sun, 08 Feb 2026 17:12:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466426 A secured creditor with prior CERSAI registration under section 26E of the SARFAESI Act was given priority over a later revenue attachment for sales tax dues, because the security interest was registered before the respondent's attachment and later CERSAI entry. The court also found that the revenue authorities had not shown compliance with the mandatory proclamation procedure required under the Maharashtra Land Revenue Code and the Realization of Land Revenue Rules, so the attachment could not override the secured creditor's statutory priority. The attachment, lien and related charges were therefore directed to be removed. Case-Laws Indian Laws Mon, 08 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466426