https://www.taxtmi.com/caselaws?id=194744 A company that contracts as the electricity consumer remains the separate legal debtor for those dues, and its directors do not become personally liable merely because they executed the agreement in a representative capacity. In the absence of an express statutory provision or clear contractual term extending liability to directors, the company's assets alone are available for recovery. The definitions of "consumer" in the electricity framework, and references to executors, administrators, legal representatives and successors, did not justify treating directors as the consumer or invoking corporate veil principles. Recovery from directors' personal assets was therefore impermissible. en-us Tue, 25 Nov 1997 00:00:00 +0530 Fri, 22 Sep 2017 15:45:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194744 A company that contracts as the electricity consumer remains the separate legal debtor for those dues, and its directors do not become personally liable merely because they executed the agreement in a representative capacity. In the absence of an express statutory provision or clear contractual term extending liability to directors, the company's assets alone are available for recovery. The definitions of "consumer" in the electricity framework, and references to executors, administrators, legal representatives and successors, did not justify treating directors as the consumer or invoking corporate veil principles. Recovery from directors' personal assets was therefore impermissible. Case-Laws Indian Laws Tue, 25 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194744