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2019 (10) TMI 1444 - HC - Income TaxRecovery proceedings - notices/orders of attachment - petition seeking set aside of order of attachments as 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 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 the representation of the Petitioner dated 30 August 2019 would be disposed by Respondent No.1 within a period of four weeks from today after granting personal hearing to the Petitioner. We accept the above statement. Petitioner is aggrieved by the order passed by the Tax Recovery Officer on its representation, it would be open for the Petitioner to challenge the same in accordance with law.
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