2018 (4) TMI 1319

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....llant : Ms. Christi Jain, Adv. Ms. Priyal Jain, Adv. Mr. Abhinav Gupta, Adv. For Ms. Pratibha Jain, AOR For The Respondent : Mr. K. Radha Krishna, Sr. Adv. Mr. Arijit Prasad, Adv. Ms. B. Sunita Rao, Adv. Mr. B.K. Prasad, Adv. Mr. B. V. Balaram Das, AOR ORDER 1. We have heard learned counsels for the parties. 2. One Sabhyata Plastics Pvt Ltd. was financed by Rajasthan Financial Corporat....

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....ng sold the property in public auction the person aggrieved would have been the auction purchaser and not the Corporation. The claim of the Corporation with regard the first charge on the property was answered by the High Court by holding that the stage for enforcement of the charge would come only when the property is sold for recovery of the Central Excise dues and therefore, the issue raised wi....