https://www.taxtmi.com/caselaws?id=430847 Recovery of a company's tax arrears from a former director is permissible only where the statute expressly authorises such action, particularly in the context of liquidation. The text distinguishes amalgamation from winding up: amalgamation transfers assets and liabilities to the transferee company, but it is not equivalent to liquidation or winding up merely because the transferor company ceases to exist in its original form. On that basis, attachment of the former director's property in revenue recovery proceedings for the company's tax dues was held unsustainable, and the impugned recovery action was set aside. en-us Fri, 28 Oct 2022 00:00:00 +0530 Tue, 29 Nov 2022 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430847 Recovery of a company's tax arrears from a former director is permissible only where the statute expressly authorises such action, particularly in the context of liquidation. The text distinguishes amalgamation from winding up: amalgamation transfers assets and liabilities to the transferee company, but it is not equivalent to liquidation or winding up merely because the transferor company ceases to exist in its original form. On that basis, attachment of the former director's property in revenue recovery proceedings for the company's tax dues was held unsustainable, and the impugned recovery action was set aside. Case-Laws VAT and Sales Tax Fri, 28 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430847