https://www.taxtmi.com/caselaws?id=309918 The court held that directors cannot be personally liable for a company's electricity dues unless they provide personal guarantees. It determined that the company, not the directors, should be considered the consumer in electricity supply agreements. The court partially allowed the writ petition, quashing the recovery citation against the petitioner's personal assets and restraining the respondents from recovering dues from the petitioner personally. Recovery proceedings were directed towards the company in accordance with the law. en-us Tue, 27 Mar 2012 00:00:00 +0530 Wed, 27 Sep 2023 18:20:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309918 The court held that directors cannot be personally liable for a company's electricity dues unless they provide personal guarantees. It determined that the company, not the directors, should be considered the consumer in electricity supply agreements. The court partially allowed the writ petition, quashing the recovery citation against the petitioner's personal assets and restraining the respondents from recovering dues from the petitioner personally. Recovery proceedings were directed towards the company in accordance with the law. Case-Laws Companies Law Tue, 27 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309918