https://www.taxtmi.com/caselaws?id=427218 After the 2016 amendments, secured creditors are treated as having priority over State tax and other Government dues under the SARFAESI and RDB regimes, but only if the security interest is registered with the Central Registry and the statutory conditions are met. Section 26E operates prospectively from 24 January 2020, and mere mortgage registration under the Registration Act is insufficient. Section 31B cannot be used to bypass the mandatory registration requirements in section 26D or section 26E. In an as is where is auction sale, the purchaser does not automatically take the property free of statutory dues; the result depends on whether the State had lawfully perfected its charge before the Central regime applied. en-us Tue, 30 Aug 2022 00:00:00 +0530 Tue, 06 Dec 2022 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427218 After the 2016 amendments, secured creditors are treated as having priority over State tax and other Government dues under the SARFAESI and RDB regimes, but only if the security interest is registered with the Central Registry and the statutory conditions are met. Section 26E operates prospectively from 24 January 2020, and mere mortgage registration under the Registration Act is insufficient. Section 31B cannot be used to bypass the mandatory registration requirements in section 26D or section 26E. In an as is where is auction sale, the purchaser does not automatically take the property free of statutory dues; the result depends on whether the State had lawfully perfected its charge before the Central regime applied. Case-Laws VAT and Sales Tax Tue, 30 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427218