https://www.taxtmi.com/caselaws?id=101448 In execution, the court may construe the decree under section 47 CPC to determine its true import, and a general recital of joint and several liability is not enough to fasten personal liability without a pleaded or adjudicated basis. On the facts, the company was the contracting party and no independent ground was shown to make the managing director personally liable. A director is not personally liable for company debts merely by virtue of office unless the decree and pleadings establish such liability. Accordingly, the managing director's personal properties could not be attached in execution. en-us Tue, 18 Nov 1986 00:00:00 +0530 Thu, 09 Feb 2012 17:38:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101448 In execution, the court may construe the decree under section 47 CPC to determine its true import, and a general recital of joint and several liability is not enough to fasten personal liability without a pleaded or adjudicated basis. On the facts, the company was the contracting party and no independent ground was shown to make the managing director personally liable. A director is not personally liable for company debts merely by virtue of office unless the decree and pleadings establish such liability. Accordingly, the managing director's personal properties could not be attached in execution. Case-Laws Companies Law Tue, 18 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101448