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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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English