https://www.taxtmi.com/caselaws?id=307138 The Allahabad High Court ruled that the recovery of electricity dues from the personal assets of individuals who are not directors or guarantors of a company is not legally permissible. The court emphasized that directors cannot be held personally responsible for the company's outstanding dues in case of default. The court allowed the writ petition, quashed the recovery from personal assets, and directed that the recovery of outstanding dues should proceed as per the recovery certificate issued against the company, without imposing costs on the parties. en-us Wed, 14 Sep 2016 00:00:00 +0530 Tue, 21 Mar 2023 20:19:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307138 The Allahabad High Court ruled that the recovery of electricity dues from the personal assets of individuals who are not directors or guarantors of a company is not legally permissible. The court emphasized that directors cannot be held personally responsible for the company's outstanding dues in case of default. The court allowed the writ petition, quashed the recovery from personal assets, and directed that the recovery of outstanding dues should proceed as per the recovery certificate issued against the company, without imposing costs on the parties. Case-Laws Indian Laws Wed, 14 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307138