CANARA BANK ARM BRANCH vs DEPUTY COMMISSIONER SALES TAX OFFICE AND ORS

Judgment text excerpt

WP.10533.2023 C5.doc Digitally signed by ANANT ANANT KRISHNA KRISHNA NAIK NAIK Date: 2025.05.03 IN THE HIGH COURT OF JUDICATURE AT BOMBAY 11:51:32 +0530 CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 10533 OF 2023 Canara Bank ) ...Petitioner Versus 1. Deputy Commissioner ) Sales Tax Office, Satara ) 2. The Sale Tax Officer, Pune-411 006 ) 3. M/s. Pristine Switchgear Pvt. Ltd. ) (under liquidation) ) 4. Ashish Madhukar Korade ) Director of M/s. Pristine Switchgear Pvt. Ltd. ) 5. Mausami Ashish Korde ) Director of M/s. Pristine Switchgear Pvt. Ltd. ) 6. The Talathi, Shirwal ) 7. The District Collector, Satara ) 8 H. B. Fuller India Adhesives Pvt. Ltd. ) ..Respondents *** Ms. Vaishali Bhilare, Advocate for the Petitioner. Mr. V. A. Sonpal, Special Counsel a/w Mr. A. I. Patel, Additional Government Pleader a/w. Mr. S. H. Kankal, Assistant Government Pleader for the Respondent Nos. 1, 2, 6 and 7-State. Mr. Shrikant V. Adwant a/w Mr. Harish Adwant, Advocates for the Respondent No.8. *** akn 1 WP.10533.2023 C5.doc CORAM : A. S. CHANDURKAR & M. M. SATHAYE, JJ. DATED : 2nd MAY 2025 JUDGMENT (Per M. M. SATHAYE, J.) 1. Rule. Learned Counsel for the respective Respondents waive service. Rule made returnable forthwith. Heard finally by consent. 2. The Petitioner-Bank is a secured creditor. The Respondent Nos. 1 and 2 are the officers of the Sales Tax / M-VAT Department, Respondent Nos. 6 and 7 are revenue authorities, the Respondent No. 8 is the auction purchaser and the Respondent Nos. 3, 4 and 5 are the borrower company under liquidation and its directors. 3. The secured asset involved is a factory land and building situated at Plot No. 1B, contained in Gat Nos. 1129(Pt), 1122, 1140, 1295/1 to 1295/10 and 1296/1 to 1296/10 admeasuring 8091.73 sq.mtrs. situated at Mauje Shirwal, Ta