https://www.taxtmi.com/acts?id=26506 When a company is being wound up the appointed liquidator must intimate his appointment to the Commissioner, who after inquiry shall notify the liquidator of the amount sufficient to cover tax, interest or penalty then due or likely to become payable. If a private company's assessed tax, interest or penalty cannot be recovered, every person who was a director during the relevant period is jointly and severally liable unless he proves to the Commissioner that the non-recovery is not attributable to gross neglect, misfeasance or breach of duty. en-us Sat, 17 Jun 2017 16:50:28 +0530 Thu, 22 Jun 2017 14:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26506 When a company is being wound up the appointed liquidator must intimate his appointment to the Commissioner, who after inquiry shall notify the liquidator of the amount sufficient to cover tax, interest or penalty then due or likely to become payable. If a private company's assessed tax, interest or penalty cannot be recovered, every person who was a director during the relevant period is jointly and severally liable unless he proves to the Commissioner that the non-recovery is not attributable to gross neglect, misfeasance or breach of duty. Act-Rules GST - States Sat, 17 Jun 2017 16:50:28 +0530 https://www.taxtmi.com/acts?id=26506