https://www.taxtmi.com/caselaws?id=781638 VAHAN e-portal registration, after integration with the Central Registry, was treated as proof of security interest for liquidation purposes because the statutory framework deems such registrations to be with the Central Registry. Section 52(3) of the Insolvency and Bankruptcy Code, 2016 and Regulation 21 of the Liquidation Process Regulations permit proof of security interest through Central Registry registration, while Section 20A of SARFAESI and the 03.05.2019 notification, read with the 04.10.2019 clarification, extend that deeming effect to VAHAN-registered vehicles. On that basis, VAHAN registration could not be ignored, and the creditor was recognised as a secured creditor. en-us Wed, 12 Nov 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781638 VAHAN e-portal registration, after integration with the Central Registry, was treated as proof of security interest for liquidation purposes because the statutory framework deems such registrations to be with the Central Registry. Section 52(3) of the Insolvency and Bankruptcy Code, 2016 and Regulation 21 of the Liquidation Process Regulations permit proof of security interest through Central Registry registration, while Section 20A of SARFAESI and the 03.05.2019 notification, read with the 04.10.2019 clarification, extend that deeming effect to VAHAN-registered vehicles. On that basis, VAHAN registration could not be ignored, and the creditor was recognised as a secured creditor. Case-Laws IBC Wed, 12 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781638