https://www.taxtmi.com/caselaws?id=399761 Government tax dues were treated as operational debt under the insolvency framework, so the State Tax Department could not claim secured statutory creditor status in preference to the Code. Section 48 of the Gujarat Value Added Tax, 2003 was held not to override section 238 of the Insolvency and Bankruptcy Code, 2016 because the Code has overriding effect over inconsistent state law provisions. The dues therefore had to be pursued through the resolution professional in the operational creditor capacity, and the applicant's claim failed on merits. en-us Mon, 17 Feb 2020 00:00:00 +0530 Sat, 17 Oct 2020 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399761 Government tax dues were treated as operational debt under the insolvency framework, so the State Tax Department could not claim secured statutory creditor status in preference to the Code. Section 48 of the Gujarat Value Added Tax, 2003 was held not to override section 238 of the Insolvency and Bankruptcy Code, 2016 because the Code has overriding effect over inconsistent state law provisions. The dues therefore had to be pursued through the resolution professional in the operational creditor capacity, and the applicant's claim failed on merits. Case-Laws Insolvency and Bankruptcy Mon, 17 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399761