This case involves a batch of five Review Petitions seeking to review a common Judgment and Order passed by the Supreme Court in Civil Appeal No. 1661 of 2020 and Civil Appeal No. 2568 of 2020. The appeals were preferred by the State Tax Officer-appellant. Civil Appeal No. 1661 of 2020 was preferred by the Appellant-State Tax Officer against the Respondent-Rainbow Papers Limited (Corporate Debtor), being aggrieved by the Judgment and Order dated 19.12.2019 passed by the National Company Law Appellate Tribunal (NCLAT). The NCLAT had dismissed the Company Appeal (At) (INs) No. 404 of 2019 filed by the appellant, holding that the appellant cannot claim first charge over the property of the Corporate Debtor, as Section 48 of the Gujarat Value Added Tax 2003 (GVAT Act)

This case involves a batch of five Review Petitions seeking to review a common Judgment and Order passed by the Supreme Court in Civil Appeal No. 1661 of 2020 and Civil Appeal No. 2568 of 2020. The appeals were preferred by the State Tax Officer-appellant. Civil Appeal No. 1661 of 2020 was preferred by the Appellant-State Tax Officer against the Respondent-Rainbow Papers Limited (Corporate Debtor), being aggrieved by the Judgment and Order dated 19.12.2019 passed by the National Company Law Appellate Tribunal (NCLAT). The NCLAT had dismissed the Company Appeal (At) (INs) No. 404 of 2019 filed by the appellant, holding that the appellant cannot claim first charge over the property of the Corporate Debtor, as Section 48 of the Gujarat Value Added Tax 2003 (GVAT Act)