considered, analysed and appreciated by the
Apex Court in M/s Transcore Vs. Union of India and another (AIR
2007 SC 712) and held that
reliance on the law declared by the Apex Court in
M/s.Transcore V. Union of India (AIR 2007 SC 712), the learned
counsel ... Apex Court in the landmark judgment
in M/s.Transcore's case is worth recalling here in this contex.
It has been observed
Apex Court as reported in AIR 2007 SC 712 [M/s Transcore
Vs. Union of India and Another ]. In the above circumstances
8690 of 2010
2
rendered by the Apex Court, in M/s. Transcore v. Union
of India in AIR 2007 (SC)712. This being
declared by the Apex Court by virtue of the
authorittive pronouncement in Transcore Vs. Union of India and
another
also affirmed the legal position as per the
decision in M/s. Transcore vs. Union of India and Another
[AIR 2007 SC 712].
2. This
come up for consideration before the Appellate Court
in Transcore vs. Union of India [AIR 2007 SC 712], where
it was held that there
Court against the
petitioner as per the decision reported in M/s Transcore Vs. Union of
India and another
declared in view of
the law declared by the Apex Court in Transcore v. Union of
India [AIR 2007 SC 712] holding that secured creditor
covered
by the decision rendered by the Apex Court in (M/s Transcore Vs.
Union of India )AIR 2007 SC 712.
3. In response