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of <h1>Liquidators Must Notify Commissioner Within 30 Days; Directors Liable for Unpaid Taxes Under Section 130 of Model GST Law.</h1> Section 130 of the Model GST Law outlines the liability of a company in liquidation regarding tax obligations. When a company is being wound up, the appointed liquidator must inform the Commissioner of their appointment within thirty days. The Commissioner then has three months to notify the liquidator of the estimated tax, interest, or penalty due. If these amounts cannot be recovered from the company, directors during the relevant period are jointly and severally liable, unless they prove that non-recovery was not due to their gross neglect, misfeasance, or breach of duty.
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