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of <h1>Directors Not Liable for Company Debts: High Court Ruling</h1> <h3>Shri Purshottam Das Beriwal Versus Deputy Collector (Collection), Sales Tax, Kanpur</h3> The High Court of Allahabad held that recovery proceedings can only be enforced against the assets of a company, not against the personal assets of its ... - The High Court of Allahabad held that recovery proceedings can only be enforced against the assets of a company, not against the personal assets of its Director. No specific provision in the U.P. Sales Tax Act allows for recovery from personal assets of a Director. The writ petition was disposed of accordingly.
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