Directors' Liability in Liquidation Case Remanded: Assessing Officer to Review Efforts u/s 179(1) Jurisdictional Requirements.

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....Liability of directors of private company in liquidation - At no time has the Petitioner been given a chance to meet the Revenue's case that it has taken steps to recover the amount from the defaulting Private Limited Company so as to meet the jurisdictional condition precedent before passing an order u/s 179(1) - matter restored before AO - HC....