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2007 (1) TMI 603 - HC - VAT and Sales TaxExtract: .......rrears of tax and outstanding dues of the Company from the personal assets of the petitioner. However, it will be open for the respondents to recover the arrears of trade tax due against the Company from the assets/property of M/s Bhagirathi lron & Steel Private Limited as well from Directors, who are in possession of the assets of the Company.
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