#tax dues

Bombay HC rules that secured creditors under SARFAESI Act retain priority over tax dues if tax authorities fail to register their charge with CERSAI, affirming banks' rights in asset recovery disputes. Decision applies even to pre-2020 tax attachments, citing Jalgaon Janta Sahakari Bank precedent.

Bombay High Court holds that secured creditors with prior CERSAI registration enjoy priority over state tax dues under SARFAESI Act, reinforcing statutory supremacy of secured interests.