Liability of Director of (P) Ltd. Co. on Liquidation ::
Last updated: 07 September 2007
Court :
HC
Brief :
Held by hon"ble court that Sec.179 clearly requires that before initiating recovery actions against directors, it is necessary to establish that such recovery could not be made against the company.
Citation :
Indubhai T. Vasa Vs. I.T.O
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CA.Saibaburao Nanduri
Published in Income Tax
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