VAT department could attach properties mortgaged with banks even after their sale under SARFAESI Act

CST & VAT : Where assessee had mortgaged his properties with a bank on 28-9-2004 and subsequently bank had sold said properties to appellant on 9-6-2008 under SARFAESI Act and issued sale certificate in his favour on 19-9-2009 and in meantime Assessing Authority completed assessment of assessee for assessment years 2003-04 and 2004-05 on 1-12-2008 and raised tax demand upon him, initiation of proceedings under Kerala General Sales Tax Act, 1963 against above properties for recovery of arrears of