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2021 (11) TMI 1136

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.... For the Appellant : Mr. Himanshu Bhushan, AOR, Mr. Gaurav Khanna, AOR, Mr. Amar Dave, Adv. For the Respondent : Mr. Vikramjit Banerjee, ASG, Mrs. Swarupama Chaturvedi, AOR, Ms. Saumya Kapoor, Adv., Mr. Sachin Patil, AOR. ORDER SLP(C) No. 10919/2021 We have heard learned counsel for the parties at length. Much ado was made by the learned counsel for the petitioner on the basis of....

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.... certificate shall be issued in the same name in which the Bid is submitted. 18. Any other encumbrances known to the Bank is not known. The Authorized office or the Bank shall not be responsible for any charge, lien, encumbrances, or any other dues to the Government or anyone else in respect of properties E-auction. The intending bidders should make discreet enquiries as regards to the pr....

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....nsequence of the statutory dues. That makes no difference. The fact remains that there is first charge of the State on the property in respect of the statutory dues. Having agreed to the terms referred to above, it is not open for the petitioner to resile from the liability to discharge the same in connection with the first charge of the State on the property in question. Hence, this special le....