Companies Act Section 341: Liability under sections 339 and 340 to extend to partners or directors in firms or companies.

THE COMPANIES ACT, 2013

ACT NO. 18 OF 2013

COMPANIES ACT 2013 SECTION 341 CHAPTER XX

WINDING UP

 

Liability under sections 339 and 340 to extend to partners or directors in firms or companies.— 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.

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