1987 (5) TMI 303

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..... S.K. Jain , for the Respondent. JUDGMENT S.P. Goyal, J. The petitioner, a director in M/s. Swadesh Rubber Industries (P.) Ltd. filed a suit against the respondents restraining them from enforcing the liability of the company against him on account of State and Central Sales Tax. Along with the suit, he also filed an application for an ad interim injunction to the same effect. The .....

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..... putes Act is there any provision making the managing director personally liable for recovery of the dues against the limited company. It is, therefore, apparent that both the courts below because of misconception of law acted illegally in exercise of their jurisdiction in declining the prayer for issue of ad interim injunction. This petition is accordingly allowed and the impugned order reversed. .....

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