https://www.taxtmi.com/caselaws?id=110798 The Supreme Court held that the independent corporation could not be held liable for the dues owed by the company in liquidation to its workers. The court emphasized the separate legal identities of the corporations and the lack of legal basis to attribute the debts of one to the other. The appeal was allowed, setting aside the orders of the Company Court and the Division Bench of the High Court. en-us Tue, 04 Apr 2006 00:00:00 +0530 Mon, 07 Nov 2016 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110798 The Supreme Court held that the independent corporation could not be held liable for the dues owed by the company in liquidation to its workers. The court emphasized the separate legal identities of the corporations and the lack of legal basis to attribute the debts of one to the other. The appeal was allowed, setting aside the orders of the Company Court and the Division Bench of the High Court. Case-Laws Companies Law Tue, 04 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110798