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    <title>2002 (9) TMI 870 - ALLAHABAD HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=190746</link>
    <description>The court dismissed both petitions, highlighting the importance of addressing substantial electricity dues and preventing evasion through the doctrine of corporate personality. Emphasizing public interest and accountability, the court held that recovery should proceed against the Directors, including the petitioners, due to the significant outstanding electricity dues and the negligible value of the company&#039;s assets. The judgment underscores the court&#039;s discretion in writ jurisdiction and the application of piercing the corporate veil to ensure justice and prevent evasion of obligations.</description>
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    <pubDate>Tue, 24 Sep 2002 00:00:00 +0530</pubDate>
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      <title>2002 (9) TMI 870 - ALLAHABAD HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=190746</link>
      <description>The court dismissed both petitions, highlighting the importance of addressing substantial electricity dues and preventing evasion through the doctrine of corporate personality. Emphasizing public interest and accountability, the court held that recovery should proceed against the Directors, including the petitioners, due to the significant outstanding electricity dues and the negligible value of the company&#039;s assets. The judgment underscores the court&#039;s discretion in writ jurisdiction and the application of piercing the corporate veil to ensure justice and prevent evasion of obligations.</description>
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      <law>VAT and Sales Tax</law>
      <pubDate>Tue, 24 Sep 2002 00:00:00 +0530</pubDate>
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