https://www.taxtmi.com/caselaws?id=34087 Trade tax recovery could continue against the company because BIFR proceedings had ended with a recommendation for winding up, leaving no pending rehabilitation bar to coercive recovery. The company's admitted liability and default supported enforcement, so recovery against it was upheld. By contrast, trade tax dues could not be recovered from the Director's personal assets in the absence of any express statutory provision or pleaded facts justifying piercing of the corporate veil. The company remained a separate legal person with limited liability, and mechanical issuance of notice against the Director was impermissible. Personal recovery was quashed for want of authority of law. en-us Thu, 14 Feb 2008 00:00:00 +0530 Fri, 01 Aug 2014 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34087 Trade tax recovery could continue against the company because BIFR proceedings had ended with a recommendation for winding up, leaving no pending rehabilitation bar to coercive recovery. The company's admitted liability and default supported enforcement, so recovery against it was upheld. By contrast, trade tax dues could not be recovered from the Director's personal assets in the absence of any express statutory provision or pleaded facts justifying piercing of the corporate veil. The company remained a separate legal person with limited liability, and mechanical issuance of notice against the Director was impermissible. Personal recovery was quashed for want of authority of law. Case-Laws VAT and Sales Tax Thu, 14 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34087