SUPREME COURT OF INDIA hold on 6th March, 2020 that it is trite law that, unless there is preference given to the Crown debt by a statute, the dues of a secured creditor have preference over Crown debts. When the sale of the property was pursuant to the order passed by the DRT with regard to the property over which a charge was already created prior to the issuance of notice by the income tax department on 11.02.2003, the dues of a secured creditor have preference over Crown debts. In the case of Connectwell Industries Pvt. Ltd vs. UOI (Supreme Court)
