Secured Creditor Bank Wins Priority in Mortgage Dispute Over Encumbered Properties in Recovery Proceedings.

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....Recovery proceedings - Encumbrance attachment entry - These properties were already a subject matter of mortgage with the petitioner Bank in the year 2015 itself - It is now too well settled that the Bank as a secured creditor will have a priority over the dues that are payable to the first respondent. - The relief as sought for by the petitioner is granted. - HC....