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Recovery of dues towards tax - Right of secured creditors - ...


Court Rules State Cannot Claim First Charge on Property for Tax Recovery Under GVAT Act, Secured Creditors Prevail.

June 6, 2022

Case Laws     VAT and Sales Tax     HC

Recovery of dues towards tax - Right of secured creditors - creation of first charge - the State cannot claim any first charge over the subject property by virtue of Section-48 of the GVAT Act, 2003. - HC

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