Legal Question in Banking Law in India

Our bank has financed an asset. In case of sales tax dues, who has the first charge over the property? Bank or Sales Tax Authorities?


Asked on 12/14/12, 1:57 am

2 Answer from Attorneys

dear client...

if the property has been mortgaged with bank then bank shall be first one to take charge over the same

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Answered on 12/14/12, 2:49 am


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