TRO can sell the right, title and interest of the defaulter assessee and nothing more, If the said right, title and interest is hedged with the conditions or fetters, the sale will be made subject to the said condition/fetters

CIT Vs M/s Mono flex India Pvt. Ltd. (Delhi High Court)- Whether when the property, which was auctioned by the TRO for recovery of tax, is a leased property to the defaulter under a perpetual lease agreement, the right in the said property can only be transferred after payment of the unearned increase payable to the lessor of the property as was payable under the lease agreement Whether the purchaser will not be liable to pay the unearned increase amount as in the auction, no such payment condition was imposed before the purchaser and the clear title was the responsibility of the lessee defau...