https://www.taxtmi.com/caselaws?id=376394 The court held that recovery of a company's duty and penalty liabilities cannot be enforced against its director's assets under the Central Excise Act, 1944, without specific legal provisions. Directors are not personally liable for company debts unless statutes explicitly provide for such recovery. The court differentiated cases involving fraudulent activities and emphasized that recovery from directors necessitates specific legal recourse. The petition was allowed, preventing coercive recovery measures against the director and granting liberty to the department to pursue the company for outstanding dues through lawful means. en-us Thu, 14 Feb 2019 00:00:00 +0530 Wed, 13 Nov 2019 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376394 The court held that recovery of a company's duty and penalty liabilities cannot be enforced against its director's assets under the Central Excise Act, 1944, without specific legal provisions. Directors are not personally liable for company debts unless statutes explicitly provide for such recovery. The court differentiated cases involving fraudulent activities and emphasized that recovery from directors necessitates specific legal recourse. The petition was allowed, preventing coercive recovery measures against the director and granting liberty to the department to pursue the company for outstanding dues through lawful means. Case-Laws Central Excise Thu, 14 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376394