Mortgagee Bank's Priority in Dues Recovery Over State Tax Claims for Pre-Registered Mortgages Confirmed.

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....Recovery of tax dues - Attachment of property (secured asset) - The petitioner has no concern with the dues of the State Authorities - now it is well settled legal position that the mortgagor bank has priority to recover the dues against any charges of the State Government or Central Government, more particularly the mortgage is created prior to the registration of such charge by the Authority. - HC....