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Case Law Details

Case Name : TRO Vs Industrial Finance Corpn. of India and Ors. (Gujarat High Court)
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TRO v Industrial Finance Corpn. of India and Ors.

High Court of Gujarat

Special Civil Application No. 3786 of 2010 with Special Civil Application No. 6961 of 2010

Decided on: 22 June 2011

Judgment

S.J. Mukhopadhaya, J

1. The first writ petition – S

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0 Comments

  1. bakaey says:

    sir, my question is that if person fails to pay central excise or any other indirect tax because of his business loss or failure then can the tax officer recover the tax amount from that persons property and being  that the property is also mortgage to some financial institutions before the tax was implemented on him … or the property was firstly mortgage before the tax was implemented  also  in that case is the financial institute is liable to sell that property to any other party for recovery of the mortgage amount   ?  please reply asap my email id  is bakaey@yahoo.com thanku 
                                                                          

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