Sales Tax Has Precedence Over Bank Mortgage

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 1434 OF 2003 M/s Orissa State Financial Corporation ….Appellant(s) Versus Commnr. of Commericial Taxes & Ors…Respondent( s) Coram: Justice D.K. JAIN and Justice T.S. THAKUR Date of Judgment: DECEMBER 03, 2009. AIT Head Note: the sales tax dues shall have precedence over the mortgage created in favour of the Bank ORDER Despite valiant attempt on the part of learned counsel for the appellant to convince us that in view of some observations in Dena Bank Vs. Bhikhabhai Prabhudas Parekh & Co...