2019 (4) TMI 521 - SCH - Income Tax

Liability of directors of private company in liquidation u/s 179 - HELD THAT - SLP dismissed is dismissed. We, however, make it clear that any observation made in the order recalling the earlier judgment shall not be treated as expression of any opinion and the High Court shall decide the writ petition on merits.

Summary

The Supreme Court dismissed the special leave petition but clarified that any observation made in the order recalling the earlier judgment should not be considered as an expression of opinion. The High Court will decide the writ petition on its merits.