Where best judgment assessment by sales tax authorities based on chartered accountant's report subsequent to order of winding up, directors cannot be held liable on basis of report alone : L. K. Prabhu v. Official Liquidator (Ker)
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directors cannot be held liable on basis of report alone
Replies (3)
Thanks for sharing
thanks ..
Dear Mr. Shah
Thanks
but pls clarify me one thing how Sales tax authority can give this judgement.
The power vest in hands of H.C or S.C only for winding up
Regards
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