Companies Act

Section 341. Liability Under Sections 339 And 340 To Extend To Partners Or Directors In Firms Or Companies

Companies Act, 2013

Where a declaration under section 339 or an order under section 340 is made in respect of a firm or body corporate, the Tribunal shall also have power to make a declaration under section 339, or pass an order under section 340, as the case may be, in respect of any person who was at the relevant time a partner in that firm or a director of that body corporate.

READ  Section 378Y. Quorum

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