Director liability for unpaid corporate tax can be invoked to recover arrears when company assets are insufficient. Where a private limited company in liquidation leaves tax arrears that cannot be recovered from the company, directors are jointly and severally liable for payment; tax authorities are instructed to invoke that statutory liability more vigorously to secure recovery from directors where company assets are insufficient.
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Provisions expressly mentioned in the judgment/order text.
Director liability for unpaid corporate tax can be invoked to recover arrears when company assets are insufficient.
Where a private limited company in liquidation leaves tax arrears that cannot be recovered from the company, directors are jointly and severally liable for payment; tax authorities are instructed to invoke that statutory liability more vigorously to secure recovery from directors where company assets are insufficient.
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