https://www.taxtmi.com/acts?id=23277 A liquidator must notify the Commissioner of appointment within thirty days; the Commissioner shall, after inquiry, notify within three months the amount sufficient to provide for tax, interest or penalty likely payable by the company. If determined tax, interest or penalty cannot be recovered from a wound-up company, every person who was a director during the relevant period is jointly and severally liable unless he proves to the Commissioner that non-recovery was not due to gross neglect, misfeasance or breach of duty. en-us Mon, 28 Nov 2016 12:17:23 +0530 Tue, 29 Nov 2016 12:11:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23277 A liquidator must notify the Commissioner of appointment within thirty days; the Commissioner shall, after inquiry, notify within three months the amount sufficient to provide for tax, interest or penalty likely payable by the company. If determined tax, interest or penalty cannot be recovered from a wound-up company, every person who was a director during the relevant period is jointly and severally liable unless he proves to the Commissioner that non-recovery was not due to gross neglect, misfeasance or breach of duty. Act-Rules Bill Mon, 28 Nov 2016 12:17:23 +0530 https://www.taxtmi.com/acts?id=23277