https://www.taxtmi.com/caselaws?id=115444 Penalty under Rule 209A of the Central Excise Rules cannot be sustained against a person who had ceased to be a director before the relevant period of alleged evasion, because he was not shown to hold office when the impugned invoices were issued. Directors who continued during the period of wrongful invoicing and clearance irregularities may remain liable where they were responsible for the firm's affairs, although the penalty can be reduced on the facts. The discussion therefore distinguishes between resignation before the operative period and continuing participation in the relevant conduct. en-us Wed, 04 May 2005 00:00:00 +0530 Tue, 29 May 2012 17:08:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115444 Penalty under Rule 209A of the Central Excise Rules cannot be sustained against a person who had ceased to be a director before the relevant period of alleged evasion, because he was not shown to hold office when the impugned invoices were issued. Directors who continued during the period of wrongful invoicing and clearance irregularities may remain liable where they were responsible for the firm's affairs, although the penalty can be reduced on the facts. The discussion therefore distinguishes between resignation before the operative period and continuing participation in the relevant conduct. Case-Laws Central Excise Wed, 04 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115444