Sate deues/secured creditors

sruti gupta (Querist) 15 March 2012 This query is : Open
In case Sales Tax/Commercial Tax department seized a property upon which Financial Institution or Bank u/sec. 13(4) of SARFESI Act, has also imposed its lock or seized the same at a later date. Then whose right over the property will prevail ??

whose dues have to be cleared first dues of the secured creditors or the Sate Government dues(Sales Tax)?

P.S : the above captioned property lies in Uttar Pradesh.

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