https://www.taxtmi.com/caselaws?id=791558 A statutory charge under the Gujarat Value Added Tax Act secured only the VAT component of the claimant's composite dues and not the CST component, so secured-creditor status could not extend to the entire claim. An incorrect disclosure of "N.A." in Form B did not amount to waiver, because a statutory charge is not lost without intentional abandonment with knowledge. The resolution professional was required to verify claims from available records, but the mistaken disclosure did not extinguish the charge. The resolution plan was left intact, while the claimant was recognised as a secured operational creditor only to the extent of VAT dues. en-us Mon, 11 May 2026 00:00:00 +0530 Wed, 13 May 2026 08:40:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791558 A statutory charge under the Gujarat Value Added Tax Act secured only the VAT component of the claimant's composite dues and not the CST component, so secured-creditor status could not extend to the entire claim. An incorrect disclosure of "N.A." in Form B did not amount to waiver, because a statutory charge is not lost without intentional abandonment with knowledge. The resolution professional was required to verify claims from available records, but the mistaken disclosure did not extinguish the charge. The resolution plan was left intact, while the claimant was recognised as a secured operational creditor only to the extent of VAT dues. Case-Laws IBC Mon, 11 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791558