2019 (10) TMI 1444

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..... ority in recovery of its debts over the dues of the State - HELD THAT:- We note that the Petitioner has made various representations to Respondent No.1, the last being dated 30 August 2019 emphasizing its priority over the security. In spite of the above, the Respondent No.1- Tax Recovery Officer has not disposed of the same. Respondent No.1- Tax Recovery Officer, on instruction, states that th .....

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..... January 2013 passed by Respondent No.1- Tax Recovery Officer in respect of two office premises bearing Nos.BC-8013 and BC-8014, Bharat Diamond Bourse, Mumbai. The basic contention of the Petitioner is that the Petitioner being a secured creditor under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 has priority in recovery of its debts ov .....

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