https://www.taxtmi.com/caselaws?id=786701 Municipal property-tax dues for the pre-transfer period could not be retrospectively enforced against auction purchasers who were strangers to the property during that time, and the demand for periods before transfer was unsustainable. Once liquidation under the Insolvency and Bankruptcy Code, 2016 had commenced, municipal claims had to be lodged with the liquidator and dealt with under the statutory priority framework; independent recovery outside the Code was impermissible where no claim had been filed. "As is where is" sale terms did not override that statutory scheme or fasten pre-existing liabilities on the purchasers. The impugned notice, assessment and tax bill were set aside to that extent. en-us Mon, 16 Feb 2026 00:00:00 +0530 Wed, 18 Feb 2026 08:11:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786701 Municipal property-tax dues for the pre-transfer period could not be retrospectively enforced against auction purchasers who were strangers to the property during that time, and the demand for periods before transfer was unsustainable. Once liquidation under the Insolvency and Bankruptcy Code, 2016 had commenced, municipal claims had to be lodged with the liquidator and dealt with under the statutory priority framework; independent recovery outside the Code was impermissible where no claim had been filed. "As is where is" sale terms did not override that statutory scheme or fasten pre-existing liabilities on the purchasers. The impugned notice, assessment and tax bill were set aside to that extent. Case-Laws IBC Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786701