https://www.taxtmi.com/acts?id=28725 Section 89 makes every person who was a director of a private company during a period for which tax, interest or penalty in respect of supplies cannot be recovered from the company jointly and severally liable for those amounts unless the director proves non-recovery was not due to any gross neglect, misfeasance or breach of duty. Where a private company is converted into a public company, sub-section (1) does not apply to directors for unrecovered liabilities predating conversion, but personal penalties on directors remain unaffected. en-us Fri, 30 Jun 2017 18:32:20 +0530 Wed, 19 Jul 2017 16:03:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28725 Section 89 makes every person who was a director of a private company during a period for which tax, interest or penalty in respect of supplies cannot be recovered from the company jointly and severally liable for those amounts unless the director proves non-recovery was not due to any gross neglect, misfeasance or breach of duty. Where a private company is converted into a public company, sub-section (1) does not apply to directors for unrecovered liabilities predating conversion, but personal penalties on directors remain unaffected. Act-Rules GST - States Fri, 30 Jun 2017 18:32:20 +0530 https://www.taxtmi.com/acts?id=28725