Section 341 of Companies Act, 2013 – Liability under sections 339 and 340 to extend to partners or directors in firms or companies

SECTION 341. LIABILITY UNDER SECTIONS 339 AND 340 TO EXTEND TO
PARTNERS OR DIRECTORS IN FIRMS OR COMPANIES

[Effective from 9th September, 2016 (to the extent of their applicability to Section 246), complete section effective from 15th December, 2016]

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.