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    <title>2008 (2) TMI 406 - ALLAHABAD HIGH COURT</title>
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    <description>The court dismissed the writ petition concerning the company, upholding the validity of recovery proceedings against it for outstanding tax dues. However, the court quashed the notice issued to the director for personal liability, emphasizing that the director&#039;s liability does not extend to the company&#039;s debts unless explicitly provided by law. The court highlighted the cautious application of the doctrine of &quot;piercing the corporate veil&quot; and allowed the recovery proceedings against the company to proceed without hindrance.</description>
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    <pubDate>Thu, 14 Feb 2008 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=34087</link>
      <description>The court dismissed the writ petition concerning the company, upholding the validity of recovery proceedings against it for outstanding tax dues. However, the court quashed the notice issued to the director for personal liability, emphasizing that the director&#039;s liability does not extend to the company&#039;s debts unless explicitly provided by law. The court highlighted the cautious application of the doctrine of &quot;piercing the corporate veil&quot; and allowed the recovery proceedings against the company to proceed without hindrance.</description>
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      <pubDate>Thu, 14 Feb 2008 00:00:00 +0530</pubDate>
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