https://www.taxtmi.com/acts?id=28257 When a company is being wound up, the appointed liquidator must notify the Commissioner of his appointment within thirty days. The Commissioner shall, after inquiry, notify the liquidator within three months of the amount deemed sufficient to cover tax, interest or penalty then payable or likely to become payable by the company. If a private company's 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 non-recovery is not due to gross neglect, misfeasance or breach of duty. en-us Wed, 28 Jun 2017 14:38:06 +0530 Tue, 04 Jul 2017 15:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28257 When a company is being wound up, the appointed liquidator must notify the Commissioner of his appointment within thirty days. The Commissioner shall, after inquiry, notify the liquidator within three months of the amount deemed sufficient to cover tax, interest or penalty then payable or likely to become payable by the company. If a private company's 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 non-recovery is not due to gross neglect, misfeasance or breach of duty. Act-Rules GST - States Wed, 28 Jun 2017 14:38:06 +0530 https://www.taxtmi.com/acts?id=28257