Petitioner's Claim for Preferential Rights Over Borrower's Tax Dues Denied u/s 35 of VAT Act.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Attachment of property - Preferential creditor - the claim of the petitioner that it had preference over the tax dues of the borrower of the petitioner, does not merit any acceptance in view of the provisions of Section 35 of the VAT Act. - HC....