Live Help
Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :


Thank you for your details

Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session

Liquidator not liable for compounding fee when prosecution was launched against director in personal capacity

July 6, 2020[2020] 117 477 (NCL-AT)

IBC: Where criminal complaint under section 276B of Income-tax Act was filed against corporate debtor company and its erstwhile managing director and during pendency of liquidation proceedings against company, managing director approached authority for compounding of its offence, prosecution having been launched against managing director in his personal capacity and not because he was director of company, liquidator would not be liable to pay compounding fee

read more
Best view in 1140 x 768