https://www.taxtmi.com/article/detailed?id=12882 A secured creditor who validly registers its security interest at CERSAI prior to tax attachment invokes SARFAESI's priority provision, which by its non obstante language gives the secured creditor precedence over revenues, taxes and other government dues in distribution of proceeds from enforcement and sale of the borrower's secured assets; timely registration and prescribed enforcement steps are therefore dispositive when competing with tax recovery actions. en-us Thu, 29 Aug 2024 19:08:58 +0530 Thu, 29 Aug 2024 19:08:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12882 A secured creditor who validly registers its security interest at CERSAI prior to tax attachment invokes SARFAESI's priority provision, which by its non obstante language gives the secured creditor precedence over revenues, taxes and other government dues in distribution of proceeds from enforcement and sale of the borrower's secured assets; timely registration and prescribed enforcement steps are therefore dispositive when competing with tax recovery actions. Articles Value Added Tax - VAT and CST Thu, 29 Aug 2024 19:08:58 +0530 https://www.taxtmi.com/article/detailed?id=12882