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1 - 10 of 12 (0.37 seconds)State Of Karnataka & Anr vs Shreyas Papers Pvt. Ltd. & Ors on 5 January, 2006
20.In these circumstances, we are of the view that the First Respondent
was a purchaser for value without notice of the sales tax arrears of the
Defaulting Company or the consequent charge on the property. This
would, therefore, attract the principle laid down by this Court in
Ahmedabad Municipal Corporation, which is also embodied in the
proviso to Section 100 of the TP Act. Thus, the property in the hands of
the First Respondent was free of the charge and it is not open to the
appellants to enforce the liabilities of the Defaulting Company in this
manner against the First Respondent.'