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Tag: Corporate Debtor

No Priority of Government Dues Over Debts Due To Secured Creditors: HC

Posted on May 31, 2022 By admin No Comments on No Priority of Government Dues Over Debts Due To Secured Creditors: HC
No Priority of Government Dues Over Debts Due To Secured Creditors: HC

No Priority of Government Dues Over Debts Due To Secured Creditors: HC Relevant Text 37. The submission of the learned Advocate General that the State has first charge as crown’s debt against other creditors by virtue of overriding effect of Section 47 of the Act of 2003 which starts with non-obtante clause and the State…

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