https://www.taxtmi.com/caselaws?id=198005 Whether a managing director can be held personally liable for a company's sales tax arrears was examined by reference to corporate personality and company law; the court held that, absent an express statutory provision or company-law duty creating personal penal liability, directors are not personally liable for taxes owed by a limited liability company and revenue recovery must be enforced against the company and its assets. The court distinguished partners from company members/directors and noted revenue claims rank as company liabilities recoverable in winding up rather than as personal obligations of directors. en-us Fri, 29 Oct 1954 00:00:00 +0530 Sat, 20 Jan 2018 13:01:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198005 Whether a managing director can be held personally liable for a company's sales tax arrears was examined by reference to corporate personality and company law; the court held that, absent an express statutory provision or company-law duty creating personal penal liability, directors are not personally liable for taxes owed by a limited liability company and revenue recovery must be enforced against the company and its assets. The court distinguished partners from company members/directors and noted revenue claims rank as company liabilities recoverable in winding up rather than as personal obligations of directors. Case-Laws VAT and Sales Tax Fri, 29 Oct 1954 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198005