Karnataka High Court Rules in Favour of Canara Bank: “First in Time, First in Right — Secured Creditor’s Charge Prevails Over GST Dues” Establishes that secured creditors’ rights under SARFAESI Act, 2002 override subsequent tax attachments under GST.
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Karnataka High Court Rules in Favour of Canara Bank: “First in Time, First in Right — Secured Creditor’s Charge Prevails Over GST Dues” Establishes that secured creditors’ rights under SARFAESI Act, 2002 override subsequent tax attachments under GST.

Court’s Decision The Karnataka High Court (Dharwad Bench), in a detailed judgment delivered by Justice Suraj Govindaraj, upheld the supremacy of a secured creditor’s charge under the SARFAESI Act, 2002,…
October 19, 2025
quashed
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Bombay High Court Quashes Rejection of Transitional Credit Claim Under GST, Holding “Department Cannot Deny Legitimate Transitional Credit Merely Due to Manual Filing When Electronic Filing Was Impossible After GST Rollout” Protecting Substantive Rights

Court’s Decision The Bombay High Court allowed the writ petition, quashed the rejection order dated 27 February 2023, and directed the GST authorities to accept the petitioner’s manually filed revised…
July 8, 2025