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Bare acts > Central Sales Tax Act, 1956 > Section 18
 
  


 


18. Liability of directors of private company in liquidation.-
Notwithstanding anything contained in the Companies Act, 1956 (I of 1956), when any private company is would up after the commencement the course of or after its liquidation, cannot be recovered. then, every person who was a director of the private company at any time during the period for which the tax is due shall be jointly and severally liable for the payment of such tax unless he proves that the non-recovery cannot be attributed to any gross neglect, misfeasance or breach of duty on his part in relation to the affairs of the company.

 

 

 

 

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