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TMI Blog2009 (12) TMI 904X X X X Extracts X X X X X X X X Extracts X X X X ..... Nos. 1, 2 of 2008 - - X X X X Extracts X X X X X X X X Extracts X X X X ..... suing a notice, in form 4, on November 27, 2007. Therefore, a notice of attachment and publication of sale notice had been issued, on January 7, 2008. The third respondent, in W.P. (MD) No. 945 of 2008, is holding additional charge of the Ramanathapuram District Cottage Match Manufacturers Association, as an Administrator. Since the arrears had not been settled, even after the issuing of the noti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he writ petition, in W.P. (MD) No. 3713 of 2008, stating that the petitioner-industry, which has been established under the Khadi and Village Industries Commission Act, 1956, and functioning under the administrative control of the Government of India, had granted the loan to the tune of Rs. 238 lakhs to the third respondent, namely, the Ramanathapuram District Cottage Match Manufacturers Associati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Indian Bank v. Commercial Tax Officer [2009] 25 VST 187; [2009] 6 MLJ 659, wherein, it has been held as follows: "The State Government can claim priority of debt over others in regard to the arrears of tax due to the State. However, when the assets are secured assets with the bank and the bank being the secured creditor and its debt being a secured debt, has its secured interest over the pr ..... X X X X Extracts X X X X X X X X Extracts X X X X
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