High Court Upholds Auction of Directors' Property for Unpaid VAT, Emphasizing Directors' Responsibility for Tax Liabilities.

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....Recovery of VAT (Tax) dues - Auction of property - Property was owned by the Directory of the company - Though the Company is the legal entity, the Directors of the Company are the actual functionaries in the Company and therefore, the Directors and the Legal Representatives are liable to pay tax and in the event of failure to pay the same, the Taxation Department is entitled to recover the same by following the procedures as contemplated. - This being the principles to be followed, the petitioner has not established any acceptable legal ground for the purpose of interfering with the auction notice - HC....