https://www.taxtmi.com/caselaws?id=189215 Trade tax and other company dues cannot be recovered from a director's personal assets merely because of directorship. The Allahabad HC followed the settled principle that a private limited company is a separate legal entity, so recovery for company liabilities must proceed against the company's own assets and not against the director personally. Personal recovery from the petitioner was therefore impermissible, while recovery from the company's assets remained open. en-us Tue, 09 Jan 2007 00:00:00 +0530 Sat, 31 Dec 2016 16:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189215 Trade tax and other company dues cannot be recovered from a director's personal assets merely because of directorship. The Allahabad HC followed the settled principle that a private limited company is a separate legal entity, so recovery for company liabilities must proceed against the company's own assets and not against the director personally. Personal recovery from the petitioner was therefore impermissible, while recovery from the company's assets remained open. Case-Laws VAT and Sales Tax Tue, 09 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189215