Liability to pay certain sums on the petitioners in their ...
Directors Held Liable for Sums: Distinction Between Company and Partnership Firm in VAT and Sales Tax Case.
July 16, 2018
Case Laws VAT and Sales Tax HC
Liability to pay certain sums on the petitioners in their capacity as Directors - The existence of a Director and the company is independent of each other. Unlike a partnership firm, the company does not cease to exist merely because persons like the petitioners are not associated with it.
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