https://www.taxtmi.com/caselaws?id=105910 Adverse observations and directions could not be sustained against persons who were not shown to be directors during the relevant period, especially where the record did not establish their liability and the material position was not properly placed before the court below. Those remarks were therefore set aside and expunged. The proceeding initiated against the appellants on that basis was also withdrawn, because continuation against persons without the relevant legal capacity was unjustified. At the same time, the order preserved the right of the Income-tax authorities to proceed against the erstwhile directors under section 179 of the Income-tax Act, 1961, where proceedings had already been initiated against those actually liable. en-us Thu, 01 Feb 2001 00:00:00 +0530 Sat, 10 Mar 2012 13:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105910 Adverse observations and directions could not be sustained against persons who were not shown to be directors during the relevant period, especially where the record did not establish their liability and the material position was not properly placed before the court below. Those remarks were therefore set aside and expunged. The proceeding initiated against the appellants on that basis was also withdrawn, because continuation against persons without the relevant legal capacity was unjustified. At the same time, the order preserved the right of the Income-tax authorities to proceed against the erstwhile directors under section 179 of the Income-tax Act, 1961, where proceedings had already been initiated against those actually liable. Case-Laws Companies Law Thu, 01 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105910