Atlanta Infra Assets Limited Vs Union of India and Others
Date: January 16, 2026
Subject Matter
Coercive Action Barred on Corporate Guarantees as Supply Pending Legal Clarification
Summary
The High Court has adjourned the matter concerning whether corporate guarantees offered to subsidiaries are to be considered a 'supply' under GST. While the substantive legal question is pending, the Court has granted interim protection by directing…
FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT We have heard Mr.Raichandani, learned counsel for the Petitioners and Ms.Chavan, learned Additional Government Pleader for Respondents-Revenue. At the outset we may observe that the short issue, as canvassed in the present petition, relates to the Petitioner offering corporate guarantees to the subsidiaries namely Mora Tollways Limited of Rs.700…