2018 (4) TMI 1927

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.... writ petition itself is taken up for final disposal. 2. The subject property was originally owned by one M/s. DDS Steel Rolling Mills Private Limited, which had availed loan from the Indian Overseas Bank. The property owned by the said company was mortgaged in favour of the bank in the year 2008. The bank, being a secured creditor, had a first charge over the subject property. 3. According to t....

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.... corrigendum. However, the petitioner was informed that there was an attachment of the subject property by the Customs Department while attaching the properties owned by one M/s. SDS Steels Private Limited and one M/s. Jai Bhawani Steel Enterprises, having factory in the adjoining lands for non payment of customs duty. 4. The case of the petitioner is that they purchased the subject property in a....