It notes that the Allahabad High Court, Tripura High Court, and Delhi High Court have emphasized protection of bona fide purchasers in varying contexts, while the Gujarat High Court upheld the constitutional validity of Section 16(2)(c) through a strict statutory interpretation. Ltd. v. Additional Commissioner Grade-2 & Another (Allahabad High Court), M/s Sahil Enterprises v. Union of India & Others (Tripura High Court), and Shanti Kiran India Pvt. Tripura High Court – Sahil Enterprises (2026)The Court upheld the constitutional validity of Section 16(2)(c) but read it down. Gujarat High Court – Maruti Enterprise (2026)The Gujarat High Court adopted a strict textual approach. Ltd. v. Additional Commissioner Grade-2 (Allahabad High Court), M/s Sahil Enterprises v. Union of India (Tripura High Court), and Shanti Kiran India Pvt.